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Home » Why Newly Unveiled DLM Single Asset Trust is Timely

Why Newly Unveiled DLM Single Asset Trust is Timely

Adetunji Tobi by Adetunji Tobi
May 3, 2024
in Finance
0
DLM Single Asset Trust by Ololade Razaaq
Ololade Razaaq, MD of DLM Trust -

Ololade Razaaq, MD of DLM Trust -

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DLM Trust, a subsidiary of DLM Capital Group has launched another flagship named DLM Single Asset Trust.

The model is a variant of the Living Trust construct that allows for a groundbreaking solution for individuals or Corporations seeking to settle assets into a trust, for the benefit of themselves and their chosen beneficiaries.

DLM trust
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DLM Trust

The DLM Single Asset Trust guarantees that peoples’ assets are protected and managed in accordance with their intentions by operating under the tenets of trust, security, and careful management.

The DLM SAT offers a novel approach to trust services by fusing state-of-the-art technology with knowledgeable advice to enable people and families effortlessly manage their assets.

DLM SAT enables individuals, often referred to as Settlors, to create a single asset trust that will serve both their own and their designated beneficiaries’ purposes.

The Trust Fund may be started using the Settlor’s assets/funds and then expanded with future contributions in accordance with the Settlor’s goals.

Only authorised individuals, including the settlor, can access the trust because of its strong independent and confidentiality level.

DLM Trust Company holds the Fund in trust and manages it for the benefit of the Settlor and designated Beneficiaries.

Commenting on the significance of the DLM SAT, Ololade Razaaq, managing director of DLM Trust, said that it is a means of establishing a timeline for legacy preservation.

“The DLM SAT is our newest offering, and we are thrilled to announce this important milestone for DLM Trust.” The aim of our organisation is to equip people and families with the necessary resources and assistance to safeguard and maintain their heritage for future generations. “Furthermore, we are transforming the concept of future planning with DLM Single Asset Trust,” she said.

DLM Trust Company Limited is registered with Securities and Exchange Commission (SEC) and incorporated under the Companies and Allied Matters Act to provide trust services to individuals, corporations, sub-sovereign entities.

As always, strategic thinking and innovation will be combined by DLM Trust Company to offer its clients best-in-class services.

Since its founding, DLM Trust has worked on a variety of creative and unique transactions, including securitizations, private and public bonds.

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  • Adetunji Tobi
    Adetunji Tobi

    Tobi Adetunji is a Business Reporter with Techeconomy. Contact: adetunji.tobi@techeconomy.ng

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Adetunji Tobi

Adetunji Tobi

Tobi Adetunji is a Business Reporter with Techeconomy. Contact: adetunji.tobi@techeconomy.ng

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