Estate Planning Through Wills.
The Law of Succession Act, Cap 160 provides for two forms of wills namely written wills and oral wills.
Discretionary Trust; The Best Estate Plan for your Child
When establishing a family trust, one of the most fundamental decisions you will have to make is on who will serve as trustees of your Trust.
Duties of Trustees in your Family Trust
When establishing a family trust, one of the most fundamental decisions you will have to make is on who will serve as trustees of your Trust.
Why Appointing a Corporate Trustee is the Right Move for You
When establishing a family trust, one of the most fundamental decisions you will have to make is on who will serve as trustees of your Trust.
A Family Trust as a Tool for Protection of Family Wealth
As stated in the preamble to the Amendment Act, the new legal regime for registration of family trusts in aimed at promoting the usage of family trusts for purposes of preservation of inter-generational wealth.
Why Family Trust is an Exceptional Tool for Estate Planning
A family trust enables you to create a legal mechanism whereby your personal assets or your family assets can be accumulated, multiplied and passed onto the named beneficiaries throughout generations. It also allows you to outline how you want your affairs to be handled in the event you are incapacitated due to old age or mental illness.
New Legal Regime on Registration of Family Trusts in Kenya
As stated in the preamble to the Amendment Act, the new legal regime for registration of family trusts in aimed at promoting the usage of family trusts for purposes of preservation of inter-generational wealth.
The Importance of Selecting Suitable Trustees
Every time we give a talk, conduct a training or pitch the idea of a family trust as a tool for effective estate planning and protection of family wealth to a potential client, the Njenga Karume Trust always comes up.
Why estate planning is essential for you
Your estate is comprised of everything that you have worked so hard to acquire and own; this includes your movable and immovable assets as well as tangible and intangible assets, regardless of its size or quantum. For this reason, it is very important to set up a full proof plan of how you want your…