Selling Off Part of the Estate of a Deceased Person Before Confirmation of Grant
Selling Off Part of the Estate of a Deceased Person Before Confirmation of Grant In Kenya, when a person dies, their estate is typically managed by administrators (where there’s no will) or executors (where there’s a will) until the court confirms the grant or distribution of the estate. However, in some cases, beneficiaries or dependents […]
Changes to Family Trusts in Kenya on How Long Trust Property Can Be Held, And More
Changes to Family Trusts in Kenya on How Long Trust Property Can Be Held, And More Estate planning can be a complex topic, but a recent legal update in Kenya aims to simplify things for families. The Perpetuities and Accumulations (Amendment) Act No. 10 of 2022, (the Amendment Act) which came into effect on March […]
Introducing Family Trusts, And More – Understanding New Kenyan Trust Laws
Introducing Family Trusts, And More – Understanding New Kenyan Trust Laws The Kenyan legal landscape for trusts received a significant makeover in December 2021 with the enactment of the Trustee (Perpetual Succession) (Amendment) Act 2021 (the Amendment Act). This article delves into the intricacies of the Act, with a particular focus on how it empowers […]