TRUSTEES PROTECT THE INTERESTS OF THE BONDHOLDERS, SAYS AKIN ONI

The role of “Corporate Trustees’ in capital market debt issuances is primarily hinged upon investor protection while not jeopardizing the interests of the Issuer.” STL Trustees Head of Trust Services, Akin Oni, shared this view during his presentation at a recent webinar organized by STL Trustees Limited titled, “The Role of Corporate Trustees in Capital […]

QUESTIONS AND ANSWERS

QUE:    Are Trustees only responsible to the Federal, State and Corporate Bodies in the area of Bond issuance? ANS:    No, Trustees do much more than that. For instance, they also play a fiduciary role, protect the interests of the Bondholders in a Bond Issuance, ensure effective management of the Sinking Fund account. We are […]

Types of Trust

When you hear of Trust and Types of Trust what comes to your mind? first you try to understand it from the common meaning of Trust that we have in our society and then you try to relate it to wealthy individuals, persons with high net worth. But it’s often not the case, Below we […]

Who Needs Estate Plan and what are Its Tools

Who needs Estate Plan? Everyone, yes, the simple answer is EVERYONE. Why? because every human being living has some wealth and legacy which they can preserve and transfer to the next generation. Be it personal effects, savings, pension funds, insurance, etc. Estate planning is not just for “retired” people or people who have built some […]

What Is Estate Planning

What is Estate Planning? Estate Planning is the preparation of a plan to carry out an individual’s wishes as to the management, administration, transfer, and disposal of the individual’s property, assets during the lifetime of a person and/or after death. #EstatePlanning also covers the management of personal affairs in the event of incapacity. Simply put, […]

QUESTIONS AND ANSWERS

Is it right to conclude that where there is a conflict between a trust that has been created by a settlor and the existing beliefs and customs of his known culture, the latter prevails? ANS: No, this is not entirely correct.  If the Trust is created as a living Trust in other words, legal title […]