Nairobi, Feb. 28 -- Succession planning is becoming critical for families in Kenya. As wealth expands, family structures shift, and business interests extend across generations. The stakes are higher than ever, with families seeking structures that can preserve legacy, minimise conflict, and ensure continuity across multiple generations.
One tool that has gained prominence in this landscape is a trust. Put simply, a trust is a legal arrangement whereby a settlor transfers assets to a trustee to manage and invest for the benefit of chosen beneficiaries in accordance with the settlor's directions. Increasingly, trusts are being recognised not just as legal instruments, but as strategic vehicles for long-term wealth protection, governance, ...
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