WELL Health Technologies Corp T.WELL

Alternate Symbol(s): T.WELL.DB | WHTCF

Healthcare

WELL Health Technologies Corp. is a practitioner-focused digital healthcare company. The Company develops technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. Its business units include Canadian Patient Services, WELL Health USA Patient Services and SaaS and Technology Services. WELL Health USA Patient and Provider Services includes Primary Circle Medical, Primary WISP, Specialized CRH Medical, and Specialized Provider Staffing. Its healthcare and digital platform includes front and back-office management software applications that help physicians run and secure their practices. Its focused markets include the gastrointestinal market, women's health, primary care and mental health. Its solutions enable 34,000 healthcare providers between the United States and Canada and power owned and operated healthcare’s in Canada with 165 clinics supporting primary care, specialized care and diagnostic services.

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WELL Health Technologies Corp > Taxes & Family Trust

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Comment by jdsd0517on Jul 11, 2022 11:38am

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Post# 34815251

RE:RE:RE:RE:Taxes & Family Trust

There is no legal requirement, but it is a good practice to do it early since there is very low cost basis to the company when it is initially founded. If he was anticipating large gains, wouldn't those have been even larger right at the beginning?

Like I said earlier, a little knowledge is a dangerous thing...

Possibleidiot01 wrote: As far as i know there is no legal requirement to incorporate a family trust when listing a company.
Procascination is a very common human bahaviour..
The second point to consider is the tming ; could it be that now was the right time to transfer assets into the newly created trust as he anticipates large gains off a depressed price.?
PI