What Happens to Your Wealth and Organisation If You Die Today?
Death can come suddenly or after years of preparation. Anyone who has built wealth, influence or an organisation should consider what happens to those assets and responsibilities after they are gone. Inheritance may be governed by the deceased person’s will, customary law, or Islamic law. A clear and valid will can help ensure that assets are shared according to the person’s wishes, within the limits of applicable law. Estate planning is not only for elderly people. People with businesses, property, dependants or other assets should make plans early. Leaders of churches, NGOs and other organisations should also establish clear succession structures to prevent conflict after their death. Transparency matters too. Undisclosed assets can be lost or remain inaccessible while surviving spouses, children and other dependants struggle. Building wealth should include making practical plans to protect it and secure your legacy.
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