Unclaimed Assets Part 2

Now, many Kenyans hardly reveal their assets, including property and even cash to their immediate family members, and often, once they pass on, there will be a scramble by dependants seeking to take possession of the assets left behind. And while it may be easy to claim physical assets such as vehicles, land and the family home, retirement benefits, investments and deposits in bank accounts always pose a challenge as the next of kin may not even be aware of their existence. In the second part of our special report on unclaimed assets, we seek ways in which beneficiaries can claim such assets and what one should do to ensure their assets do not remain unclaimed, even in the event of death.

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