A Trust is a legal arrangement where you (the Settlor) transfer assets to a Trustee (such as United Capital Trustees) to manage on behalf of a beneficiary (which could be yourself or someone else).

It is a separate legal entity, like a company, that exists to hold and manage assets according to your wishes.

A Trust can be executed while the Settlor is alive while a Will only kicks in after the Testator’s demise. Named beneficiaries can access the benefits of a Trust upon the demise of a Settlor without Grant of Probate and Letter of Administration unlike a Will.

A Trust helps you:

• Ensure the smooth and private transfer of assets or wealth.
• Safeguard the process of providing for loved or vulnerable ones (children, parents, dependents).
• Set up a structured education or welfare plan for your children or wards.
• Manage Estate Tax exposure.
• Avoid probate costs legally.
• Shield assets from creditors’ claims.
• Provide a structured way to administer your personal and financial affairs should you become ill or otherwise incapacitated.

The Trust Deed is the formal agreement between you (the Settlor) and the Trustee. It outlines how, when, and to whom your assets will be distributed in line with your wishes. With a Trust Deed, your beneficiaries can access your assets and do not need probate documents to claim your investments in case of a contingency.

Every Trust involves three parties:

• Settlor: The person creating the Trust and transferring assets into it.
• Trustee: The entity (such as United Capital Trustees) that manages and holds the assets in Trust for the beneficiaries.
• Beneficiaries: The individuals or entities entitled to benefit from the Trust.

No, only the settlor can give instructions regarding the Trust during their lifetime.

Not necessarily. Beneficiaries can be family, friends, or anyone you wish to benefit.

The Private Investment Trust (PIT) is our retail product category that enables you to set aside either a lump sum amount or periodic contributions over time for a long-term saving and investment.

It includes a Trust arrangement for named beneficiaries.

Yes, our Private Investment Trust allows free entry and exit, so you can access your funds at any time in the event of an emergency.

We provide a net return on investment. As a result, there are no hidden commissions on accrued interest, and your investment is tax free because it is under a Trust.

Funds are invested in secured money market instrument with little or no risk such as Bonds, commercial papers, etc.

Yes, our Education Trust ensures that your wishes for your children’s education, welfare, health, and leisure are fulfilled. It provides a lasting legacy and uninterrupted support for your minors (children).

Yes, you can. We offer dollar and pound-denominated options across our Private Investment Trust, Education Trust, and Nigeria Diaspora Trust.

Rates vary by amount and tenure. The minimum tenure is 30 days, and there is no maximum.

Liquidation or Withdrawal of funds takes 24 hours to be completed for Naira Investment, while Dollar Investment takes 48-72 hours to be completed.

Rates remain relatively stable but may be adjusted in response to prevailing market conditions.

Yes, we offer products designed to help you preserve and transfer your financial legacy, including Wills, Living Trusts, Family Office Trusts, and Retirement Benefit Trusts, etc.

• The Trust assets are separate and are not part of the Settlor’s Estate
• Title to the assets stands in the name of the Trustee.
• The Trustee has the power and duty to manage, employ or dispose of the assets in accordance with the terms of the Trust Instrument as stipulated by the settlor.

• Stocks and Bonds
• Real Estate (including Land)
• Mutual Funds
• Floating Assets
• Artwork and Collectibles
• Intellectual Property
• Bank Accounts and Safe Deposit Boxes
• Notes Payable (money owed to you)
• Life Insurance (via an irrevocable trust)

We are responsible for:

• Complying with the terms of the Trust Deed.
• Acting fairly between the beneficiaries.
• Taking reasonable care in making investments. We will consider the suitability of any investment and the need to diversify.
• Protecting Trust Assets.
• Insuring where necessary

Unless trust documents state otherwise, we are also responsible for:

• Ensuring proper transfers of title of assets to be transferred into the Trust.
• Investing the Trust Property for the benefit of the Beneficiaries.
• Maintaining detailed records of all assets and transactions.
• Reviewing assets regularly for quality and performance.
• Ensuring that payment and distributions are made to genuine Beneficiaries.
• Facilitating final transfer of Trust assets to the eventual owners i.e. Beneficiaries.

No, it isn’t. You can simply discuss your goals with us, and our Trust experts will guide you through the process.

We provide services for:

• Retail Clients
• Corporate Institutions
• Government Entities

Yes, we provide:

• Security Trusteeship: Helping corporates leverage their assets to secure financial obligations.
• Escrow Services: Acting as an independent third party to hold assets or funds until agreed conditions are met.