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Ask Shade

Ask Shade About Trusts: Is It Right to Name My Son as My Beneficiary and not My Wife?

By | Ask Shade | No Comments

A trust is an arrangement in which an individual’s assets are transferred to a trustee to hold for the benefit of named beneficiaries. With a trust, you can not only ensure that your wealth is preserved for your son, you can even pass this wealth down through generations. Hello Shade, Is it wrong to name my son as a beneficiary in important documents instead of my wife? It’s not like I don’t trust my wife, it’s just that I can’t gamble with the future of my only son. What’s your professional advice please? – Dr. Duke, Calabar. *** Hello Dr. Duke, I must commend…

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Now or Later?

By | Ask Shade, Job Hunter | No Comments

Derick and Raymond have been best of friends from their university days as they shared similar vision and life aspirations. This bond is evident in their career aspiration as they both gained employment in the same organization. Tenacious in realizing their ambitions, they pursued their career goals with every sense of commitment and were consequently rewarded with accelerated promotions and attractive salary packages. Derick was advised of voluntary contributions by his Pension Fund Administrator (PFA) as an additional means of investment towards retirement. He was fascinated by the attractive benefits of having voluntary contributions asides from his statutory monthly contributions,…

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Baby Juliet’s Future

By | Ask Shade, Investment 101 | No Comments

When 34-year-old Damola gave birth to her daughter, she felt that her life was finally complete. Baby Juliet was the apple of her mother’s eyes and Damola spared no expense in giving her the very best. As a single parent, it wasn’t easy for Damola to cope with the demands of heading the Customer Service department at work, building her side hustle and raising a child alone, but she faced these responsibilities like a superwoman. Her friends and family tried to pitch in as often as possible but in the end, the bulk of the work lay with the mother…

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A tale of the triplets

By | Ask Shade, Storyland | No Comments

Jude, Jeff and Jaime were born on the same day to the same mother, looked almost the same, grew in the same household yet they were vastly different as black is to white. Jude was an incredible optimist. He was that man who believed that there was something good in every situation. He expected awesome things to happen for him and they did. He often joked that it was for him that the word ‘luck’ was invented. The man who was willing to live life to the fullest, take chances and learn from any mistakes whatsoever. Jaime was the indifferent…

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Just like a scene from the movies…

By | Ask Shade, Life Bits | No Comments

Esther stood for close to an hour drinking in the sight of her husband Felix as he lay cold and lifeless in state. She tried to remember how well she knew him before his sudden demise- but the recent events of the past few hours brought her back to reality with the reminder that perhaps she didn’t know this man as well as she had thought. Esther had watched strangers stroll into her home the moment her husband’s death hit the news claiming to be family. Felix Brown was the CEO of Brown Entertainment – a foremost multimillion-naira entertainment company…

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Ask Shade: He Left Everything to His children From a Previous Marriage! How Do I Secure My Child’s Future?

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Dear Shade, I’m in my early 30s engaged to a widower in his 50s. We plan to get married in a few months and I‘m already pregnant. While cleaning his study last week, I stumbled on something that looks like his Will and it seems like he already willed everything to the three children from his previous marriage. Since then I’ve been worried about my unborn children. What would be their fate? What if something suddenly happened to their father, will they have anything from him? How can I be sure what I found is really his valid Will? Since…

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Ask Shade- My father had a secret family

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Dear Shade, Please help us. Until my father’s unexpected demise (he slumped and died), we did not realise he had a secret family. We always thought his frequent visits to Ibadan were business related but apparently, we were wrong. The Ibadan woman bore him two sons and a daughter while my mother has just my twin sister and I. While he married my mother traditionally, he married the other woman at the marriage registry. The problem now is she has proof that over half of my father’s property were purchased in her name and she is insistent on claiming ownership,…

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Ask Shade: How Do I Convince My Husband to Write a Will?

By | Ask Shade | No Comments

Hi Shade, I need your help to save my marriage. I ran into an old friend who bitterly recounted her ordeal in the hands of her in-laws after her husband’s unexpected death. I was greatly disturbed by her story, I kept wondering what would happen to us if anything happened to my husband. I run a small business, but my husband mostly provides for our welfare and the children’s education. So, I asked him if he was thinking of writing a Will as nobody knows tomorrow. He has been angry with me since then and has refused to eat anything…

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Ask Shade: My Late Father’s Family Head Wants to Give the Family House to Our Irresponsible Half-Brother

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Dear Shade, I came across a few of your previous articles and I am hopeful that you will be able to help with my dilemma. I am the first child of my father who recently passed away. He had two wives and five children; one son and four daughters including me. My mother, his first wife had only daughters, while his second wife had a boy and a girl. Besides my half-brother who has not been able to progress academically, we are all relatively successful in our careers and academics. My father did not have a will, so the family…

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Ask Shade- Mrs. My Son is Irresponsible

By | Ask Shade | No Comments

Dear Shade, My husband and I have only one son who has refused to do anything serious with his life, because he assumes all of our wealth will come to him and there is no need for him to work. Although we intend for him to inherit all that we have, I want him to learn responsibility before we hand over our group of companies to him. I would like for him to come into his inheritance only after he has successfully proven his responsibility, perhaps after having held employment with a proper organisation for a minimum of five years….

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