Meristem Trustees Unveils Groundbreaking Special Needs Trust to Safeguard the Future of Vulnerable Dependents.

Meristem Trustees Limited, a subsidiary of Meristem Securities Limited and one of Nigeria’s leading providers of trustee and estate planning services, has officially launched its pioneering Special Needs Trust — a first-of-its-kind initiative designed to secure the long-term financial wellbeing and care of individuals living with physical and developmental differences.
The unveiling ceremony, held at the Meristem Securities headquarters in Lagos, drew the presence of advocacy groups, caregivers, families, legal experts, and members of the media. It marked a bold step toward creating an inclusive financial ecosystem in Nigeria.
What the Special Needs Trust Offers
The Special Needs Trust is tailored to help families protect the future of their dependents with special needs by providing a structured, legally backed, and professionally managed solution.
Key benefits include:
✅ Medical care & therapies – covering treatments, medication, and rehabilitation.
✅ Education & skill development – ensuring learning opportunities and capacity building.
✅ Daily living support & accommodation – for food, shelter, and assisted living.
✅ Long-term welfare & inclusion – guaranteeing security beyond the caregiver’s lifetime.
This approach provides peace of mind to parents and guardians, knowing that their dependents will remain financially secure and cared for even in their absence.
Speaking at the launch, Mrs. Damilola Hassan, Managing Director of Meristem Trustees Limited, captured the heart of the initiative:
“Every parent or guardian of a dependent with special needs carries a silent question: Who will care for my loved one when I can no longer? With the Special Needs Trust, we provide not just a financial solution but peace of mind — a lasting legacy of care, dignity, and inclusion.”
The event also featured a panel discussion with key voices in the special needs advocacy space.
Founder of BABES &BABIES, Allyson – Aina Davies, Team Lead at Firmsteps Educational Support Services, Adunola Tunde and Miss Tobiloba Ajayi, lawyer, writer, and disability advocate, highlighted the evolving realities of family structures in Nigeria:
“With the evolving world, it is no longer realistic to rely solely on extended family members for support. You cannot do this alone; you need a structured system to guarantee the wellbeing of your dependents with special needs.”
Meristem’s Broader Vision
In her closing remarks, Mrs. Mubo Olasoko, Deputy Group Managing Director of Meristem Securities Limited, reaffirmed the group’s mission:
“At Meristem, we believe wealth management is not just about numbers; it’s about people. The Special Needs Trust embodies our goal of giving families hope and ensuring that dependents living with special needs are not left vulnerable and without structure. It reflects our commitment to building a more inclusive financial ecosystem in Nigeria.”
Why This Matters
The Special Needs Trust is more than a financial product; it is a lifeline for families. It addresses:
The uncertainty parents face about the future of their dependents.
The need for dignity, structure, and continuity in the lives of people with special needs.
The growing call for inclusive products in Nigeria’s financial sector.
The Bigger Picture
By introducing the Special Needs Trust, Meristem Trustees has positioned itself as a trailblazer in Nigeria’s financial industry. This initiative sets a precedent for other institutions to design products that address the unique challenges faced by vulnerable populations.
For countless families, it is the long-awaited answer to a lifelong question:
✨ “What happens to my loved one when I’m gone?”

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