Axis is delighted to host a webinar, in partnership with the Kenyan Association of Family Business Enterprises (“AFBE”), to discuss the use of Trusts and Foundations in Succession and Estate planning. When it comes to estate planning, the needs of high-net-worth individuals (HNWIs) have become more complex with globalisation and changing lifestyles and demographics. This is especially true for young entrepreneurs and second-generation business leaders taking over the family business. As the Chinese saying goes, “Wealth never survives three generations” and it is therefore never too early to plan one’s estate.

The distinguished panel will discuss the ways in which the long-term goals of high-net-worth individuals may be achieved whilst dealing with issues such as inheritances, the probate process, estate taxes and other complications. The webinar will deep-dive in estate planning, the concepts of Trusts and Foundations, the benefits for individuals and family businesses to create such a structure, the considerations from a Kenya legal perspective, how to properly set up a Trust or Foundation, and the advantages of setting up such a structure in Mauritius over other jurisdictions.