Lagos, Nigeria – July 2026 – First Trustees Limited, a subsidiary of FirstHoldCo Plc. and a leading provider of fiduciary and trusteeship services in Nigeria, is urging individuals, professionals, entrepreneurs, and investors to view estate planning not as an end-of-life exercise, but as a strategic tool for protecting, preserving, and transferring wealth across generations.
As more Nigerians focus on building wealth through businesses, real estate investments, and other income-generating assets, financial experts stress that wealth creation is only one part of the equation. Equally important is putting structures in place to ensure those assets are protected, properly managed, and seamlessly transferred to future generations in line with the owner’s wishes.
Estate planning is not reserved for the wealthy. It is a practical and essential step for anyone with assets, dependants, or a business to protect, regardless of age, profession, or net worth.
Speaking on the importance of estate planning, the Managing Director/Chief Executive Officer of First Trustees Limited, Ereifemi Akeredolu, described it as a critical pillar of every long-term financial strategy.
“Many people focus on creating wealth but give little thought to preserving it. Estate planning is a wealth protection strategy that helps individuals safeguard their assets, secure their family’s future, and ensure that the value they build today continues to benefit future generations,” Akeredolu said.
Through tools such as trusts, wills, and comprehensive succession plans, individuals can establish structures that promote wealth preservation, protect assets, support business continuity, and facilitate the seamless transfer of wealth across generations.
For entrepreneurs and business owners, estate planning also serves as a vital mechanism for ensuring business sustainability by enabling organisations to remain stable and operational in the face of unforeseen events.
First Trustees Limited continues to advocate for greater awareness of estate planning as a proactive financial strategy. The company maintains that it is one of the most important financial decisions an individual can make, providing clarity, reducing uncertainty, protecting assets from avoidable disputes and erosion, securing the financial future of loved ones, supporting business succession, and enabling long-term investment and legacy planning.
