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Private Wealth & Family Business

OLM Law advises high-net-worth individuals and family businesses in Kenya on estate planning, trusts, succession and governance.

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Home / Sectors / Private Wealth & Family Business
Private Wealth & Family Business

Legal advisory for high-net-worth individuals, family offices and family-owned businesses.

Private-wealth and family-business lawyers for high-net-worth individuals, family offices and intergenerational family enterprises in Kenya. We provide discreet, partner-led advice on succession planning under the Law of Succession Act, trust and estate structuring, family-business governance and constitutions, wealth protection, and the administration of cross-border and multi-jurisdictional assets.

Relevant expertise: Private Clients, Wealth & Family; Tax; Real Estate & Property; Corporate & Commercial; Immigration

How we help. We act for high-net-worth individuals, family offices and intergenerational family enterprises on succession planning under the Law of Succession Act, trust and estate structuring, family-business governance and constitutions, wealth protection, matrimonial-property arrangements, and the administration of cross-border and multi-jurisdictional assets — with the tax and immigration dimensions handled in step.

Why OLM for private wealth and family business. Family wealth raises succession, tax, governance and sometimes immigration questions at once, and demands absolute discretion. Our partner-led private-client team plans holistically and confidentially, protecting both the wealth and the family relationships across generations.

Frequently Asked Questions

How should a family business plan for succession in Kenya? Through a combination of wills, trusts, a family constitution and a governance framework that separates ownership from management. We design and document the structure to avoid disputes and tax inefficiency.

Are trusts recognised and useful in Kenya? Yes. Trusts are recognised under Kenyan law and are widely used for asset protection, succession and philanthropy. We advise on the right trust structure and establish it.

What happens to a business if an owner dies without a plan? It passes under intestacy rules, often causing disputes and value loss. We put succession structures in place to avoid this.

How is wealth protected across generations? Through trusts, governance structures and tax-efficient planning tailored to the family. We design protection strategies.

What role does a family office play? A family office coordinates investments, succession, tax and governance for a wealthy family. We advise on establishing and running one.

How are cross-border family assets managed? Through coordinated structuring across jurisdictions with foreign-counsel input on conflict-of-laws issues. We manage cross-border planning.

What is the role of a trustee or executor? A trustee manages trust assets for beneficiaries; an executor administers an estate under a will. We advise and act in both roles.

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Private Wealth & Family Business Law in Kenya

Kenya is home to a growing number of high-net-worth individuals and multigenerational family businesses whose wealth spans real estate, agriculture, manufacturing, financial services and listed equities. OLM Law advises private clients and family businesses on wealth structuring, succession planning, estate administration and the commercial decisions that shape long-term legacies.

The regulatory landscape

Private wealth in Kenya is governed by the Law of Succession Act, the Trusts Act, the Retirement Benefits Act and the Income Tax Act, with offshore structures subject to the foreign-exchange and tax-reporting obligations administered by the Kenya Revenue Authority. Family businesses are structured under the Companies Act and, for partnerships, under the Partnership Act and the Limited Liability Partnership Act. We help families understand and navigate these frameworks in a confidential, long-term advisory relationship.

How we help

  • Estate planning and wills — drafting wills, letters of wishes and succession plans that reflect your family structure and asset base.
  • Trust and foundation structures — establishing and administering domestic trusts and advising on offshore structures for asset protection and succession.
  • Estate administration — probate, letters of administration, asset gathering and distribution for estates in Kenya and cross-border.
  • Family business governance — family constitutions, shareholders agreements, buy-sell arrangements and board governance for family enterprises.
  • Pre-nuptial and post-nuptial agreements — advising on matrimonial property, pre-nuptial agreements and ancillary relief in family-law proceedings.

Relevant expertise

We draw on our Corporate & Commercial, Real Estate, Tax and Dispute Resolution teams for private-wealth clients — linking to each of those practice-area pages.

To protect and grow your family wealth in Kenya, contact OLM Law.

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