INCORPORATE YOUR FAMILY MEMORIAL TRUSTS & FOUNDATIONS FAST/ HOW TO INCORPORATE YOUR FAMILY TRUST & FOUNDATION IN NIGER

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This is how to Incorporate Your Family Memorial Trusts/Foundations Fast/ How To Incorporate Your Family Trust – Foundation in Nigeria – What is the difference between a trust and a foundation? Foundations ( private foundations) are a special type of non-profit organization that gives money away for charitable purposes.

Two important aspects are involved in a foundation. The first are; how to run a family/private foundation, how to start a private foundation, how to start a foundation to help others and how to set up a charitable foundation.

The second aspect are; how much money do you need to start a foundation? How to start a foundation with no money and the minimum amount to start a foundation.

A trust exists when you (a “trustee”) holds and owns property for the benefit of other persons (a “beneficiaries”).

On the otherhand, a family trust is a trust set up to benefit members of your family. In most cases the purpose is for you to progressively transfer your assets to the trust, so that legally you own no assets yourself, but for you, through the trust, to still have some control over, and get the benefit of, these assets.

If you understand that this is a family thing; the challenge in, Incorporate Your Family Memorial Trusts/Foundations Fast/ How To Incorporate Your Family Trust – Foundation in Nigeria, is all over. This post is set to let you know all you should do to incorporate, register and legalize your foundation or trust, be it private, family or public owned foundation or trust.

INCORPORATE YOUR FAMILY MEMORIAL TRUSTS & FOUNDATIONS FAST/ HOW TO INCORPORATE YOUR FAMILY TRUST & FOUNDATION IN NIGER

NOTE THE IMPORTANT FACTORS

The setlor
The Trustee
Beneficiaties
The Trust Deed
The Trust Assets
The Foundation Constitution

Why must we register/incorporate the Trust/Foundation?

The reasons for legalising or registering/incorporating your Trust/Foundation are as follows:

Registeration will legalize the Trust/Foundation
Registration will legalise your organisational communications,
Registration makes the Trust Deed/constitutions binding on all concerned,
Registration defines the organisation’s aims and objectives,
It defines the organisation’s responsibilities to and from membership,
Registrations attracts government recognitions,
Without registration, your organisation will not have bank account,
And cannot participate in other government organised activities.

INCORPORATE YOUR FAMILY MEMORIAL TRUSTS & FOUNDATIONS FAST/ HOW TO INCORPORATE YOUR FAMILY TRUST & FOUNDATION IN NIGER

HOW DO WE HELP YOU REGISTER/INCORPORATE THESE ASSOCIATIONS

We will help you actualize this your dream.

The first thing is the organisation’s name. You have to coin good name for your organisations. A name that is capable of projecting the organisation in good light revealing to everyone what the organisation is all about. We will require two of your desired names to conduct name availability search and reservation if found available.

The second things is that you will make the following documents/information available for registration process.

Evidence of name Availability
Application form
A formal letter of application
The original newspaper publications
2 copies of Applicant’s constitution
Minutes of the meeting whereat the trustees were appointed, signed by Chairman and Secretary of the Board
Minutes of the meeting where the special clause rules was adopted; signed by Secretary and Chairman
2 passport sized photographs of each trustee – currently sanned copies are required
Trustee’s personal information – residence address, email, phone number etc.
The impression of the common seal on the appropriate page of the form
Two copies of the application form duly signed by Secretary and Chairman of the Board

In actual fact, you should be providing all the documents listed above for the organisations registration, but now what we need from you are your personal information and signatures. We will provide all the other things for you. That is what you are paying for.

INCORPORATE YOUR FAMILY MEMORIAL TRUSTS & FOUNDATIONS FAST/ HOW TO INCORPORATE YOUR FAMILY TRUST & FOUNDATION IN NIGER

Who Are We?

We are Chartered Accountants. Complete Full Marks Consultants Limited, CAC accredited agents. Auditors and tax Experts. We will do a lot for you. As a matter of fact, Our Services range from Accounting & Auditing, Taxation – annual tax filings and obtaining your tax clearance certificates, Corporate services – CAC documentations/company and business name/NGO registrations, Management services – writing business plans, business proposals, business coaching, Capacity building training, seminars, workshops etc. obtaining mining licence to other licences for clients.

e-mail: [email protected]

Phone: +234 8034347851, +234 8097900795

Website: www.completefmc.com