JMP Minis: Why a Will May Not Be Enough

Most people assume a will is enough. But what happens to your business, your assets, and your family while everyone is grieving and the legal process is still underway? While a will communicates your wishes after death, a trust can continue operating immediately, allowing businesses, assets, and responsibilities to carry on without interruption. In this conversation, we discuss: • The difference between a trust and a will • Why trusts can provide continuity after death • What happens during the probate process • How businesses can be affected by succession delays • Why estate planning is about more than wealth • The role of trustees in protecting family assets • Real-life lessons from one of Kenya’s most well-known family trusts A will transfers instructions. A trust transfers responsibility. If something happened to you tomorrow, would your business continue running next week? Or would everything stop while the legal process catches up? WATCH THE FULL VIDEO: https://youtu.be/6IoTx89XpQM