JMP Minis: Who Would You Trust With Everything?
Description (show more)
A trust is only as strong as the people running it. What makes a good trustee? Drawing from personal experience, Matu Kihato shares how a family trust went through years of challenges before new leadership transformed its direction. He reflects on the qualities that made the difference and why choosing the wrong people can have lasting consequences. Meanwhile, Eliot Ngugi breaks down the legal responsibilities of trustees and explains why technical qualifications alone are not enough. In this conversation, we explore: • What trustees are responsible for • Why some trusts succeed and others fail • The difference between legal qualifications and character • How to identify people you can truly trust • Why professionalism matters in succession planning • The role of leadership in protecting family wealth • Questions every family should ask before appointing trustees The best trustee is not necessarily the smartest person in the room. It’s the person who would show up when it matters most. As Eliot puts it: “If you were in trouble, would this be the first person you would call?” That question might be the most important trustee test of all. WATCH THE FULL VIDEO: https://youtu.be/6IoTx89XpQM
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