This trust product is to assist Celebrities maintainin their lifestyles during and after their career history especially in the event of unforeseen circumstances. Celebrities could face threats such as premature career exit, age factor which affects their fitness etc.
The Trustees prepares a trust Deed (Legal Agreement) for execution detailing the agreed objectives of the Trust.
This product targets Nigerians in Diaspora looking to invest and safeguard investments in Nigeria, preventing risks such as mismanagement of funds. PAC Diaspora Trust is a three in one product combining Legal, Trust and Investment Features. PAC Trustees oversees the investments with the aim of ensuring performance and compliance with investor’s instructions.
The investment will be managed by PAC Trustees in partnership with approved Asset Managers.
CHILDREN EDUCATION TRUST
Children Education Trust is a trust product that allows Parents plan towards the education of their children and hedge against inflationary risks.
This product is with a Legal feature (A Trust Deed/ Legal Agreement will be executed with PAC Trustees detailing the Terms of the relationship.
A Living Trust is a private contract between the person creating the Trust called the Settlor, and the Trustee (usually a corporate entity ), in which the Settlor vests properties or asset on the Trustee to hold on Trust and administer for the benefit of the named Beneficiaries.
It is called a Living Trust because the Trust is created during the lifetime of the Settlor.
BENEFITS OF A LIVING TRUST:
- The living trust allows you to make changes (or amendments) to the trust document while you are still alive, at your own discretion.
- The living trust is not subject to probate.
- This allows the wealth that you have accumulated to continue to grow for multiple generations by using a professional trustee to manage your property.
- It protects the confidentiality of the client.
Form for Living Trust