Posts

Showing posts from September, 2015

LET'S TALK ABOUT ESTATE PLANNING PART I

Image
I am going to start by asking you to answer a couple of questions; you may want to record your responses so bring your notebook/jotter nearby:
How many have assets worth ₦50 million and above? Please list them.Review your list and for the men, exclude the cars. For the ladies please exclude the jewelry, designer bags and clothes.Are your assets after (2) above worth ₦50 million or above?Would you like to leave these assets of value which you have acquired to a loved one? E.g. spouse, children, aged parents, siblings etc.How many have a written WILL?How many have a TRUST?Why do you not have a written WILL or TRUST given your desire in (4) above?Tell us what plans or back-up arrangement you have put in place for your family to cope without you in the event of your incapacity? Death?Are your loved ones sufficiently briefed on the plans in (8) above?What is Estate Planning? The process of anticipating and arranging for the disposal…

ARE YOU TRAINING YOUR CHILD THE WAY HE/SHE SHOULD GO?

Image
Children are first and foremost gifts from God! Not just gifts, but 'perfect' gifts! What do we do with such gifts? We treasure them, but sometimes our parenting priorities can be somewhat 'lop-sided,' and we end up spending decreasing amounts of time with our children. I am not insensitive or un-empathetic towards the many constraints we face as parents; and the 'need' for finances to help us to stay afloat, but as stewards entrusted with this great responsibility, we are to "Train up a child in the way he/she should go". Feeding, clothing, provision of shelter, and security are the basic tools you need to train your children to be useful for the society, and to ensure they are secure even when you are not around to feed, or protect them, you have to give them quality education that will empower them to stand tall amongst their peers, and in the society. http://www.almconsultingltd.com

ARE YOUR CHILDREN SERVANTS OF TOMORROW OR LEADERS OF TOMORROW?

Image
Are you really serious about your future? then you need to start taking your child(ren)/ward(s) education serious, with the uncertainty in the global economy, only one thing remains constant through the ages, that is the concept of the survival of the fittest, and since quality education is the bedrock of modern day survivalist, then answer in all honesty; can your children survive the modern day competition any where they go?, because half baked education is not giving graduates/business people the needed security anymore, and only the best of the best are getting the good jobs, or any of the jobs for that matter. School is not the only avenue for quality education but being  literate is sure a good start and an advantage in the world we live in today, also acquiring marketable skills sure counts, exposure via travelling, sporting activities is also cool in today's world, so you cannot afford to raise a child that is below standard, or that cannot measure up to their peers, any …

ALM EDUCATION TRUST -A.E.T.

Image
A sound education would provide our children with the confidence and hope of a bright future, and ALM Trustees offers parents and guardians, the opportunity to provide this legacy to their children.
FEATURES OF THE AET. This Trust enables the Settlor to set aside funds to be managed by the Trustee strictly for the education of his/her children, grandchildren or wards (Beneficiaries).
It helps the Settlor have concrete plans towards their children's education, providing for circumstances wherein they are unavailable or incapable of paying the school fees. During such times, the Trust takes over payment of such fees as long as the Trust is funded.
BENEFITS OF THE AET.
The accumulated funds are invested on behalf of the beneficiaries and disbursed in line with the Settlor’s instructions.
It affords the Settlor the opportunity to make regular contributions into the Trust as desired.
It separates the funds required specifically for the children’s educational needs from the Settlor’s persona…