Legacy Management

Foundation

• One who intends to plan private wealth distribution 
• Advantages of Foundation
  1. Secrecy
  2. Wealth distribution is not affected by death of founder
  3. If foundation is involved in investment holding activities, the tax is 0%
  4. Beneficiaries can be anywhere in the world
  5. Assets can be foregin assets

Trust

• Secrecy
• Options for registered or unregistered trust
• A trust company in Labuan can be appointed as the trustee and a trust company will be more reliable compared to an individual to take care of the assets of the trust
• A trust is not affected by the death of the settlor