In simple terms, a grant of representation (a “Grant”) can be defined as authority given to a person by the court to act in respect of a deceased’s person’s estate. ...
Continue reading
A guarantee is an undertaking to answer for the payment of another’s debt or the performance of another’s duty, liability or obligation. ...
Continue reading
A Will is a legal declaration of a person's wishes regarding the disposal of his or her property or estate after death. It is intended to voice the intentions of the testator or testatrix (i.e. the maker of the Will) who is no longer alive to do so himself or herself....
Continue reading
Previously, adoptive parents did not enjoy any leave attributed to their change in status as contrasted with birth parents who are statutorily entitled to maternity and paternity leave. In a bid to streamline the issue so as to further enhance the welfare of adopted children pursuant to the Children’s Act, the Employment Act, 2007 was amended to introduce ‘pre-adoptive leave’. ...
Continue reading
The Kenyan government provides a range of tax incentives in an effort to encourage investments in certain projects however, this article restrains itself to focus on the tax incentives merited to non-profit organizations. ...
Continue reading
A family trust is an effective estate planning tool that allows the founder of the trust (“the settlor”) to protect and accumulate their wealth for their own benefit and the benefit of their whole family. ...
Continue reading
The Kenyan government provides a range of tax incentives in an effort to encourage investments in certain projects however, this article restrains itself to focus on the tax incentives merited to non-profit organizations. ...
Continue reading
Liquidation in simple language is simply closing down/ killing off or winding up a business. In legal speak, liquidation involves the process of collecting all the business’s property, converting that property into cash, and distributing the cash to various creditors. Liquidation of businesses can occur in one of two ways, one can legally close down a business. The other option is striking off. ...
Continue reading
Previously, adoptive parents did not enjoy any leave attributed to their change in status as contrasted with birth parents who are statutorily entitled to maternity and paternity leave. In a bid to streamline the issue so as to further enhance the welfare of adopted children pursuant to the Children’s Act, the Employment Act, 2007 was amended to introduce ‘pre-adoptive leave’. ...
Continue reading
Digital Service Tax ( DST) is a tax that is payable on income derived or accrued in Kenya from services offered through the internet or any electronic network, application or website. A digital marketplace is defined as a digital platform that creates a venue for both purchasers and sellers to transact over a product or a service. It matches potential buyers of a service or a product with providers of that service or product. ...
Continue reading