gaziantep escort,escort bayan,beylikdüzü escort,
alanya escort,gaziantep escort
Over the past four decades, a generation of entrepreneurs, professionals, farmers, and property owners has built significant wealth. As this generation retires or passes on, the challenge facing families is no longer accumulation, but continuity. Yet Uganda’s framework for trusts remains institutionally anchored in a system designed for land administration rather than economic governance. That mismatch is no longer theoretical. It is now economically costly. Trusts have outgrown land-centred regulation Historically, trusts in Uganda were closely associated with land—family holdings, Mailo interests, and protection of property for widows and minors. Although trusts are incorporated under the Trustees Incorporation Act, their…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
First of all, what is estate planning? Estate planning encompasses determining how your assets Will be preserved, managed, and distributed after your death or if you become incapacitated. Every family business needs to undertake succession and estate planning to ensure their businesses Will survive from one generation to the next. What Does Estate Planning Involve? In East Africa estate planning is most often done through making Wills and /or setting up a Trust(s). A Will is a written legal document detailing, amongst others, a testator’s wishes of what should happen after his/her death, listing the assets they own, and how they…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
To ensure business stability and continuity in the event of the death of the founder as well as preserve intergenerational wealth, business owners/founders have been urged to prioritise estate planning. Estate planning, according to Sim Katende, Corporate & Commercial lawyer and Partner at Katende, Ssempebwa & Co. Advocates, Solicitors & Legal Consultants (KATs), “encompasses determining how your assets will be preserved, managed, and distributed after your death or if you become incapacitated”. “Every family business needs to undertake succession and estate planning to ensure their businesses Will survive from one generation to the next,” Sim Katende told stakeholders at a…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Family business owners have a keen interest in sustaining the business as a family asset and as a legacy, according to PwC’s 2020 East Africa Family Business Survey. Estate planning is an important component for family business owners and their families to consider since it speaks directly to how certain assets will be preserved, managed or distributed. As part of an overall succession plan, estate planning clarifies how these assets will be passed on to the next generation or otherwise distributed. For their East Africa Family Business Survey Report 2021, PwC, spoke to Sim Katende, an Advocate of the High…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
beylikdüzü escort
beylikdüzü escort
