​TRUSTEE EFFECTIVENESS AND PENSION SCHEMES BOARD DYNAMICS WORKSHOP
Best Practices in Death Benefits and Settlement Trusts for Beneficiaries
Location: Lake Naivasha Resort - 7/25/24, 11:00 AM - 7/27/24, 11:00 PM (Africa/Nairobi) (2 days 12 hours)
Best Practices in Death Benefits and Settlement Trusts for Beneficiaries
Stella Musembi Ojango
Stella Musembi Ojango

Beneficiaries can navigate death benefits and settlements smoothly by using two key tools: death benefit planning and settlement trusts. When reviewing death benefit plans, ensure the beneficiary designation is accurate and up-to-date. Settlement trusts, established before receiving a large sum, offer valuable protection. These trusts can safeguard assets from mismanagement, creditors, and even divorce, while allowing for controlled distribution to beneficiaries according to the grantor's wishes.