Money and Trusts: Building Wealth Is Only Half The Job
· 1 h 18 min
Episode Money and Trusts: Building Wealth Is Only Half The Job
Most people think trusts are only for the ultra-wealthy.
They hear the words trust fund and imagine billionaires, inherited fortunes, and family dynasties.
But what if a trust isn’t really about wealth?
What if it’s about protecting the people you leave behind?
In this episode, Just Ivy sits down with Advocate Eliot Ngugi and Entrepreneur Matu Kihato to unpack one of the most misunderstood financial tools in Kenya: TRUSTS.
Matu shares his personal experience as a beneficiary of one of Kenya’s most prominent family trusts following the passing of his grandfather, Jenga Karume. He speaks candidly about what worked, what went wrong, and how trustees can either preserve a legacy or become the source of conflict.
Meanwhile, Eliot breaks down the legal side of trusts, succession planning, trusteeship, and why many families misunderstand the role these structures play.
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