Author: lexartifexllp

Business disputes BUSINESS DISPUTES: 7 WAYS YOU CAN REDUCE THE RISKS Contractual and commercial disputes can be disruptive, time wasting, costly and energy sapping, especially if such dispute get to Court. Minor squabbles can escalate and threaten customer/client-relationship and the survival of your business. Here’s how you can minimize the risk of business disputes. 1. …

Business Documents BUSINESS DOCUMENTS: THE 10 IMPORTANT LEGAL DOCUMENTS YOUR BUSINESS SHOULD HAVE Smart entrepreneurs and investors use legal documents to protect their business interests and exposure to financial risks. In this article, I outline 10 important business documents (agreements) you and your business should have and why you should have them. These legal documents…

Letter of Administration in Nigeria LETTER OF ADMINISTRATION IN NIGERIA: HOW TO ASSUME CONTROL OF THE ESTATE OF A DECEASED PERSON (1) If someone has died and has left behind money in the bank, landed properties or personal belongings, and you want to take over these assets, or want to administer, manage, distribute, or sell…

Estate Planning in Nigeria ESTATE PLANNING IN NIGERIA: FAQs ON RETIREMENT, PROBATE, AND INHERITANCE LAW (1) Here is the summary of answers to frequently asked questions on estate planning in Nigeria, retirement, probate, and succession. What is Estate Planning? Estate planning is the act of preparing for the administration of one’s wealth and assets after…

Grant of Probate in Nigeria GRANT OF PROBATE IN NIGERIA: HOW TO CLAIM THE MONEY AND PROPERTIES OF A DEAD PERSON (2) This is a guide on the grant of probate in Nigeria which entails how to claim the money in the bank as well as the movable and immovable assets of a deceased person…

Business legal advice BUSINESS LEGAL ADVICE: WHY YOU AND YOUR BUSINESS NEED As an entrepreneur, you would understand that for you to scale-up your business you will need to ensure it is legally sound and devoid of legal risks and liabilities. This article outlines the need for business legal advice and what kind of professional…

Making a Will in Nigeria MAKING A WILL IN NIGERIA OR TRUST: IMPORTANCE AND ADVANTAGES OF Some persons might feel reluctant to write a Will because to them, it may signal that they are anticipating their death. However, in reality, death is no respecter of persons. Both young and old persons can die at any…

Writing a Will in Nigeria WRITING A WILL IN NIGERIA: THE FAQs ABOUT MAKING A VALID WILL (3) Here are the Frequently Asked Questions about making a will or writing a Will in Nigeria. What You Should Note about Writing a Will No one can see tomorrow. Death is an inevitable occurrence for everyone, both…

Business Protection BUSINESS PROTECTION: HOW TO PROTECT YOUR BUSINESS FROM CROOKED EMPLOYEES If you are running an educational institution, sports club, recreation center, financial house, religious organization, medical center, ICT incubation center, hospitality center, manufacturing company, trading company, services company, professional firm or any kind of business; it is legitimate and enforceable in law for…

Importance of business registration IMPORTANCE OF BUSINESS REGISTRATION: 9 REASONS WHY YOU SHOULD REGISTER YOUR BUSINESS While registering or incorporating a business with the Corporate Affairs Commission is a smart and rewarding choice for you as an entrepreneur for a number of reasons, choosing the form your business takes is equally important to your benefiting…

Starting a church in Nigeria STARTING A CHURCH IN NIGERIA: HOW TO REGISTER A CHURCH IN NIGERIA – THINGS TO CONSIDER IN CHURCH BUSINESS Starting a church or running a church business in Nigeria may be a fulfilling experience and challenging experience at the same time. Church is registerable as “Incorporated Trustees” under Part “C”…

Business lawyer in Nigeria WHY IS GETTING HELP FROM A BUSINESS LAWYER SO IMPORTANT? Often, business people get entangled in issues that are too complex, too time-consuming, or fraught with legal risks and liabilities. A smart business lawyer will provide vital legal assistance in almost every aspect of your business to enable you to have…

REGISTER A CHURCH: THE 8 BENEFITS OF CHURCH REGISTRATION IN NIGERIA If you are an anointed Man of God: an Apostle, Bishop, Evangelist, Pastor, Prophet, Reverend, etc.; you may be considering opening your own Church, or registering an existing Church/Fellowship as a corporate body in Nigeria. Here are the benefits you will derive from registering…

Start an NGO HOW TO START AN NGO: REGISTERING A FOUNDATION IN NIGERIA A Non-Governmental Organization (“NGO”) is a body or association of persons registered as “Incorporated Trustees” under Section 590 of the Companies and Allied Matters Act, Cap C20 Laws of the Federation of Nigeria 2010 for the advancement of any religious, educational, literary,…