HOW A WELL-DRAFTED DEED OF TRUST PREVENTS INHERITANCE DISPUTES
When a Father or Mother passes on. without a clear plan, love often turns into war. Brothers become rivals, uncles/aunties take sides and what was once a peaceful family becomes a battlefield of greed and broken promises.
Yet all this chaos could have been prevented with one necessary legal document, a Deed of Trust.
A Trust is a written legal arrangement where a person transfers properties or assets to trusted individuals (called Trustees) to hold, manage and distribute for the benefit of others (beneficiaries).
The written document that records and governs this arrangement is called a Trust Deed. It states your intentions, the powers of the trustees and how your property would be handled when you are no more.
Unlike a Will which takes effect after death, a Trust can take effect immediately it is made. It ensures that your family’s wealth, lands, houses, shares, businesses, etc are managed with order and fairness.
A well-drafted Deed of Trust prepared by a Property and Business Lawyer prevents family quarrels, court cases and double dealings.
A Trust legally guards your legacy. It preserves family peace, protects your loved ones and ensures that they enjoy what you have without delay, deception or issues.
So do not let your family become a war front. Have a Deed of Trust today and let it speak for you.
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APEX CHAMBERS, Law Firm of Property/Real Estate and Business/Corporate/Commercial Lawyers, Attorneys, Barristers, Solicitors Advocates, Legal Practitioners rendering legal services, Legal Consultants and Notary Public with Law Office in Port Harcourt, Rivers State, Nigeria
2 Comments
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I always was concerned in this subject and stock still am, thankyou for posting.
admin
You’re most welcome