STL TRUSTEES WEBINAR SERIES: RETAINING ASSETS IN THE LINEAGE USING TRUST AS A TOOL
Retaining Assets In The Lineage Using Trust As A Tool – Q & A Session – Question: Can I create a “Trust” within a “Will”? Answer: It is possible to create a Trust within a Will. This is referred to as Testamentary Trust and it takes effect upon the coming into effect of a Will. […]
STL WINS TRUSTEE OF THE YEAR AT BAFI AWARDS 2020
STL Trustees has once again been recognized as the Trustee of the year at this year’s BusinessDay Banks and other Financial Institutions (BAFI) Awards held recently at Intercontinental Hotels, Lagos. It is the third time in three years that STL Trustees has won the award. On hand to receive the award for the company was […]
STL TRUSTEES’ WEBINAR ON “AN EVALUATION OF ESTATE PLANNING MECHANISMS IN NIGERIA” HELD ON 4TH NOVEMBER 2020
Q & A FROM WEBINAR Que: What are the types of Living Trust? Ans: The applicable categories of Living Trusts would depend largely on the individual needs and requirements of each Client. However, the common types are (i) Children Education Trust (ii) Retirement Plan Trust (iii) Independent Care Trust (iv) Blind Trust (v) […]
STL TRUSTEES’ BUSINESS CONTINUITY PLAN
I’M IMPRESSED!
I’M IMPRESSED! I met a widower last week who seems to me well organised, not to be pitied but applauded. Steve got married in 2005 at age 31 and became a widower at age 33. Ill luck, I guess. His wife died at child birth- the baby girl Lizzy is now in Secondary School. However, […]
STL Trustees Wins Trustees of the Year Award
STL Trustees Wins Trustees of the year Award For the second consecutive year, STL Trustees has emerged “Trustees of the year” at the annual BusinessDay Banks’ And Other Financial Institutions (BAFI) Awards, universally recognized as the benchmark of excellence in Nigeria’s financial services industry. The 7th edition of the event which held recently in Lagos, […]
ESTATE PLANNING AND THE ROLE OF CORPORATE TRUSTEES
ESTATE PLANNING is the preparation of a plan to carry out an individual’s wishes as to the administration and disposition of his/her property before or after his/her death. Planning also covers management of personal affairs in the event of incapacity. Simply put, Estate planning entails making a plan in advance and naming whom you […]
Be like Chioma…
Be like Chioma… Chioma’s last vacation was particularly interesting because she had enough cash for shopping and visited the places she had imagined. From January 2018, she started to save a minimum of N10,000.00 every month from her salary. She ensured that a Standing Order was placed on her account for this purpose while she […]
ENFORCEMENT OF COURT JUDGMENT ON AWOYAYA LAND
STL Trustees Explains Enforcement of Court Judgment on Awoyaya Land STL Trustees has explained that the July 24 and 25, 2018 execution of the judgment on the property measuring 200.184 hectares situated at Awoyaya Area, along the Lekki-Epe Expressway, Ibeju-Lekki Local Government Area of Lagos State, was in compliance with the Judgments of the […]