Nigeria’s rating agency, Agusto & Co. Limited, has upgraded Unitrust Insurance Company Limited’s credit ratings to “A” (Long ...

A CRUT pays a fixed percentage of at least 5% of the trust’s value to the income beneficiary, which is redetermined annually. That means that the payout from a CRUT is adjusted each year as the value ...

The recent rising 7520/AFR interest rate impacts the present value of a fixed annuity, and what this has implied as yields on mid-term Treasuries rose rapidly in recent months for tax planning ...

For information about Conrad Teitell’s publications and lectures visit: taxwisegiving.com. For information about Cummings & Lockwood visit: cl-law.com. The letter-ruling story that you are about to ...

According to the company, the rating reflects Unitrust Insurance Company’s good financial condition and strong capacity to meet its obligations relative to all other insurance companies in Nigeria.

In the recent Private Letter Ruling 202448002, the Internal Revenue Service ruled that a trust’s proposed modifications won’t disqualify it as a charitable remainder unitrust (CRUT) under Internal ...

Unitrust Insurance Company Limited has refined its processes to pay claims within 48 hours, its new Managing Director/Chief Executive Officer, Dayo Arowojolu, has said. Arowojolu, who made this known ...

Kenneth Johnson ‘71 grew up in a blue collar family in Walpole, Massachusetts. In 1967, Bates College offered him a full scholarship to attend over 4 years, and he readily accepted. “I’m forever ...