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For a long time, the use of trusts as an estate planning tool was deemed “innovative lawyering”. This was largely due to the absence of concrete statute provisions on the standing of family trusts...
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The rule against perpetuities and the rule against excessive accumulations as provided in the Perpetuities and Accumulations Act are two different but related legal principles that are mostly used in ...
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A bare trust is a trust arrangement in which the trustee holds the legal ownership of the trust assets while the beneficiary or list of beneficiaries retain the beneficial ownership of the trust asset...
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. ...
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 ma...
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...
The importance and benefits of estate & succession planning cannot be overstated, it ultimately affords peace of mind to the remaining family members as they devolve the estate of their loved one. ...
The Act defines a guardian as a person appointed by a parent or by a court order to assume parental responsibility over a child on the death of the parent either alone or jointly with the surviving pa...
The Children’s Act 2022 ushers in an era that gives effect to Article 53 of the Constitution of Kenya which makes provisions for children’s rights, equal parental rights, and responsibilities. ...
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