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The Family Welfare Trust gives you a chance to develop your own protection plan and guarantees your larger family relief in the the event of urgent and significant financial needs.
A Trust is a legal arrangement where your appointed person or entity (known as a Trustee such as ICEA LION Trust Company) acts on your behalf to oversee the management of your property or assets, for the benefit of your intended beneficiaries. This is usually activated in the unfortunate event of your incapacitation or demise, however, it can still be activated when you are alive in the form of a Living Trust.
The purpose of a Trust is to ensure that your funds, property or assets are not only preserved but also distributed in the manner in which you intended. Think of it like a safe deposit box that holds, protects and preserves valuable items for your legacy and for the benefit of your loved ones. Examples of funds, property and assets that can be held in a Trust include cash; savings in banks, saccos, investment groups; stocks; shares in companies; retirement and insurance benefits; land and houses amongst others.
Our Trust provides an orderly means of administering your personal and financial affairs should you become incapacitated, or upon your unfortunate demise. This also provides a smooth and simple method to transfer your funds, property and assets to your intended beneficiaries in an unbiased and independent way.
As Corporate Trustees and as part of a leading financial services group, we offer investment advice at the time you set up the Trust, to ensure that the investment decisions we make on your behalf deliver on your objectives. It is worth noting that your funds are invested with a Registered Fund Manager ensuring long term returns.
Your funds, property and assets that are held in your Trust do not go through probate meaning that when you pass on, your beneficiaries do not have to go to court for your funds, property and assets to be distributed. With a will, you might be subjected to probate.
Our Trust provides an orderly means of administering your personal and financial affairs should you become incapacitated, or upon your unfortunate demise. This also provides a smooth and simple method to transfer your funds, property and assets to your intended beneficiaries in an unbiased and independent way.
The Trust is affordable as we offer professional services charged at 1% of the value of the fund (your funds, property and assets) per annum. There are no joining charges nor minimum fee.
It will assure that funding is available for specific needs such as education, healthcare or charitable interests, as specified in your Trust Deed and Rules (TDR).
Your funds, property and assets placed under our ICEA LION Milele Trust Fund are protected from creditors claims.
When you set up a charitable tax you can apply for tax exemption.
Your ICEA LION Milele Trust Fund, under our Trusteeship, gives you the peace of mind to know that in the event the unexpected happens, your legacy is protected and preserved for your loved ones
It’s very simple! You can either click the button below
Or visit any of our offices across Kenya to engage us. We will request you to provide us with your written instructions known as Grant Letters on how to deal with your funds, property or assets in the unfortunate event of your incapacitation or untimely demise.
What other important information should I know about ICEA LION’s Trusts?
Ensure that your children, grandchildren and other intended beneficiaries attain the financial future you envisioned for them
Attain total flexibility, ease of use and complete control over your personal medical expenses and those of your employees.
Continue to support your noble and charitable acts even after you are gone.
Continue to support your noble and charitable acts even after you are gone.
gives you a chance to develop your own protection plan and guarantees your larger family relief in the the event of urgent…
We manage your estate so that you have the freedom to build your legacy and focus on wider priorities …
They say that planning is half the battle. We partner with you to design a holistic retirement program for your employees …
Riverside Park, Chiromo Road, Westlands
P.O. Box 46143 – 00100, Nairobi
Tel: +254 (0) 20 2750000
Contact Centre: +254 719 071000 / 730 151000
Email: contactcentre@icealion.com
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If you would like to talk to us in person, you can call us on +254 719 071 999 or request a call back by clicking here.
