Business

Why You need an Estate Plan now!

: L-R: Former Group Managing Director, Telnet Nigeria Limited, Dr. Nadu Denloye, Executive Director Investments; Stanbic IBTC Asset Management Limited, Mr. Shuaib Audu; Head, Research and Corporate Strategy, Stanbic IBTC Pension Managers Limited, Mr. Charles Omoera; and Chief Executive, Stanbic IBTC Trustees Limited (SITL), Mrs. Binta Max-Gbinije, during SITL’s Legacee Roundtable in Lagos on Friday, 16 June 2017

 

To most people, having an estate plan or will is more like a death wish. Even when someone tells them about it, they reject it and even cast the person away, accusing them of wishing them death but that isn’t the case, and even researches have proven that people who have an estate plan live longer than those who don’t have. An estate plan is a well documented statement of how an individual wants his property, wealth, belongings to be shared to his family members when he dies.

We’ve heard issues of young rich guys dying at the age of 30, even some die in their early twenties which with the orientation that an estate plan is for people who are old and almost dying, they would have neglected the call to do it, at the end of the day, their belongings become transferred to the states or family members start battling each other over it.

We work a lot, we struggle a lot, wake up 5am just to be at work and return home 11pm, all in the name of making money, providing for the needs of your family, building your own house, buying fleet of cars but at the end of it all, You will die, everyone will die, how then do you want your after-life look like, would it be nice if all you have worked for becomes occupied by someone who never knew about your struggles or someone who doesn’t deserve to benefit from it, If married, Your wife and kids might even suffer for it in a case where you didn’t have an estate plan or a will, the belongings might end up being snatched from them and you are to be blamed and might not Rest in Peace!

Today, a lot of cases are still in court over possession of properties of a dead family member, some for 10 years, even up to 40 years simply because an estate plan wasn’t made before the deceased left, leaving family members to be in serious war over the properties, In order to avoid all this, An estate Plan or will needs to be done NOW, with the right people in charge.

You need Professional people, those who know what they do, those who would stand for you while you are six-feet down, people you can trust, above all, You need Stanbic IBTC Trustees Limited.

L-R: Former Group Managing Director, Telnet Nigeria Limited, Dr. Nadu Denloye, Executive Director Investments; Stanbic IBTC Asset Management Limited, Mr. Shuaib Audu; Chief Executive, Stanbic IBTC Trustees Limited (SITL), Mrs. Binta Max-Gbinije; and Head, Research and Corporate Strategy, Stanbic IBTC Pension Managers Limited, Mr. Charles Omoera, during SITL’s Legacee Roundtable in Lagos on Friday, 16 June 2017

Stanbic IBTC Trustees Limited is an organisation that ensures the process to receive a probate of the will though not taking the place of a lawyer but when it comes to execution of the will, even when the lawyer isn’t there, Stanbic IBCT Trustees Limited comes in. They ensure there’s no collision at anytime and you can also re-write your will, update it when you feel like adding an acquisition to it.

The CEO, Mrs. Binta Max-Gbinije revealed that  With Stanbic IBTC Trustees Limited, You can opt for any of two packages; The Simple will which is fee and with just a payment of N5,000 annually for the security of your document. In this package, You only add your monetary value and can also have your retirement savings account on it while we have the comprehensive will which you pay between N200,000- N500,000 for the security of your document, with this you can add your landed properties, houses, cars and everything you own.

However, you don’t need to be rich to have an estate Plan, and whenever you want to opt it, Try Stanbic IBTC Trustees Limited

Sahara Weekly

Sahara weekly online is published by First Sahara weekly international. contact saharaweekly@yahoo.com

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