This is designed for long term investment under trust. The product enables you to set aside either a lump sum amount or periodic contributions over time for long term savings and investment under Trust towards a pre-defined purpose, such as a future major investment, business start-up, real estate or other key asset acquisition or as part of a private retirement plan.
The specific Trust Purpose or investment objective, including target amount, target date and mode of termination of the Trust will be
determined by client/grantor. We will however avail the client/grantor with professional guidance on recommended minimum contributions to achieve the target terminal amount to actualize the Trust objective.
These include:
- Option of lump sum or flexible contributions over time
- Option of fixed periodic contribution through a Standing Payment Order from client Bank Account.
- Funds will be professionally managed to achieve safety and attractive returns.
- Periodic performance reports will be provided at client option.
- Trust funds will be invested professionally with a view to achieving your stipulated objectives.
- Funds may be availed directly to beneficiary to prevent diversion of funds.
- Funds in Trusts created for retirement purposes may be applied for purchase of Annuity upon termination of Trust
- Stipulated Trust purposes will still be effected even in client absence, or after death, provided Trust provision is adequate.
- Guide on adequacy of pre-funding towards achieving Trust objective.
We design a range of Estate Planning products and services made to assist in making effective and enduring estate planning
arrangements to wealthy families, high net-worth individuals, business owners and senior executives.
These products and services include confidential, stress free and cost effective estate planning and assets disposition arrangements that insulate our clients and their families from undue publicity, family disputes and delays that are characteristic of poorly planned
estates.
Estate planning can be classified broadly into Living and Testamentary Trusts.
- Living Trusts are created by Trust Deed or Declaration of Trust and take effect during the lifetime of the Settlor. The benefits include speed and confidentiality of execution, reduction of administrative costs, tax efficiency, elimination or reduction of disputes/acrimony over entitlements as well as the opportunity for a test run during the lifetime of the Settlor.
- Testamentary Trusts are created by Wills and subject to public probate process including the attendant costs, publicity and often lengthy process and may be suitable for the disposal of prominent family assets with multiple interested parties.
As Part of our services, we intend to act as Trustee to lending organisation/companies with centralized documents, reducing perfection charges as well as duplication of Mortgages/ Debentures. We also do bring together under one Trust Deed, various Debentures/Legal Mortgages created in favour of two or more lenders.
Our role in Corporate Trusts will include:
- Overseeing preparation and perfection of the Trust Deed and other security document.
- Attending meetings with the Lenders, Borrower and other affected Parties.
- Instructing Solicitors with respect to required documentation and perfection of securities.
- Reviewing all documentation to ensure adequacy of security provisions for the protection of the Lenders and for coherence/consistency.
- Holding titles and / charges over project assets and accounts.
- Monitoring compliance by the Borrower with covenants, warranties and conditions contained in the Trust Deed and other facility documents.
- Preserving security assets from jeopardy, including inspecting assets, ensuring requisite insurance are in place in the name of the Trustee/Lenders and taking legal action where necessary.
- Holding securities for the entire duration of financial obligations.
This product enables client to set aside either a lump sum amount or periodic contributions over time to provide for the education of the named beneficiary. The standard, level of education are determined by the client, subject to adequacy of funds in the Trust account.
The client is at liberty to make this Trust revocable or irrevocable. In other words, the client may guarantee the education of the
beneficiary by precluding itself or any future guardian from terminating the Trust or withdrawing the funds.
The attractive features of this product include but are not limited to:
- Client will have the option of fixed periodic contribution through a Standing Payment order from his/her Bank Account
- Periodic performance reports will be provided at client’s request.
- Client or the named Guardian is free to choose the educational institution subject to adequacy of funds in the Trust.
- School fees to be paid directly to schools by the Trustees to prevent diversion of funds.
- Education will be uninterrupted even in your absence, or after death, provided Trust provision is adequate.
- The Trustees can guide on adequacy of funding towards achieving uninterrupted education in case of any unexpected.
- There is option of lump sum or flexible contributions over time.
- The funds will be professionally managed to achieve safety and attractive returns.
It has been discovered that some members of our immediate community cannot afford basic education mostly due to lack of finance. Also within the same community there are people who are willing to provide education to such indigent members of the society.
In order to provide for the indigent. The wealthy members of the community can set up community Education Trust Fund.
FEATURES
- Reasonable start up sum as contained in the Trust Deed
- Periodic addition to the fund
- Expertise in Funds Management
- Active Management
- Custody of the fund
This product is designed to encourage specialization in fields of Human endeavour. Professionals are encouraged to promote further Research/Development in their field.
FEATURES
- Reasonable start up sum as contained in the Trust Deed
- Periodic addition to the fund
- Expertise in Funds Management
- Active Management
- Custody of the fund.