In an age where inheritance disputes have become commonplace, estate planning has become a necessity.
To demystify this crucial process, we sat down with Frank Oriku, a Nairobi-based advocate with years of experience in succession, trust law and estate management.
He sheds light on the complexities of family trusts, the legal framework that governs them and how they compare to other estate planning methods.
A family trust is essentially a legal arrangement where a person, known as the settlor, transfers property to a trustee or trustees, who hold and manage it for the benefit of designated beneficiaries.
