Robenconsulting.co.ke

08/09/2021

Investing Decisions for Wealth Management

“Savings Account

This is the worst option that any investor can choose given that money in the bank is likely to lose value, whatever the interest rate is offered. " Visit our website www.RobenConsulting.co.ke for more information.

31/08/2021

The folly of operating as a Sole Proprietor or as a Partner for Wealth Management.

"....It could end up being a very lonely journey and opportunities may be lost in the process." Read more @ www.robenconsulting.co.ke

23/08/2021

Is a Limited Liability Partnership a wealth management tool for you?

Read more. Visit www.robenconsulting.co.ke

“A limited partnership shall not unless specifically provided in the partnership agreement be dissolved by the death or bankruptcy of a limited partner, and the lunacy of a limited partner shall not be a ground for dissolution of the partnership by the court unless the lunatic’s share cannot be otherwise ascertained and realized.” http://kenyalaw.org/kl/fileadmin/pdfdownloads/Acts/LimitedPartnershipsCap30.pdf

A limited liability partnership gives some flexibility at incorporation just like in basic partnerships but retains some aspects of a limited liability company characteristics.

16/08/2021

Creating a nest egg for future generations

An incorporated Family Trust allows family wealth creation and enables “ring fencing” of family wealth. However, the management of a Trust should be by administrators who are both honorable and trustworthy.
Tax benefits of using a Registered Family Trust for Wealth Management
The Finance Act 2021 introduced various Tax benefits of having a Registered Family Trust.
1. Sections 52 and 117 of the Stamp Duty Act Cap. 480 have been amended to exempt the transfer or sale of property from Stamp Duty.
2. Sections 11, 25, 26 and the First Schedule of the Income Tax Act Cap 470 have also been amended to confer certain tax benefits to a Registered Family Trust
It appears therefore that the Government is interested in preservation of Family Wealth and therefore we should use this avenue to create and grow wealth, especially at the Family level.

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14/08/2021

The journey to wealth creation and growth.

Join us. We are going through the journey of understanding the "vehicles" for wealth creation and management. We shall soon be discussing the products suitable for wealth management. Read more in our blog @ www. Robenconsulting.co.ke

09/08/2021

How to set up a duly incorporated Non-Charitable Trust for Wealth Management.

“The final evidence of a fully incorporated Trust is a Certificate of Incorporation signed by the Cabinet Secretary, Ministry of Lands and Physical Planning. If you do not have this document, then you do not have a duly Registered and Incorporated Trust under the Perpetual Succession Act Cap 164 of the Laws of Kenya and you could be missing out on all the advantages of having a trust as a vehicle for wealth management.”

Read more visit our blog page-www.robenconsulting.co.ke

02/08/2021

Joining together to create value: Limited Liability Company as a Tool for Wealth Management. To learn more and to down load content, visit our blog page at www.robenconsulting.co.ke

30/07/2021

Sustainability Accounting
Are we accounting for opportunity costs of losing highly qualified workers to COVID or are we just moving on after the loss? How can we be involved as accountants?

28/07/2021

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“Some of the reasons that we are unable to do this is because we choose the wrong “vehicle” for that purpose or structure our affairs in such a way that we do not obtain optimized benefits from our net worth. In this series, we shall analyse various arrangements that can facilitate locking-in ...