Estate planning: When ageing parents lose mental capacity

An elderly man talks to a therapist at a mental health and psychology clinic.

Photo credit: Shutterstock


What happens when an ageing parent loses the ability to make important financial decisions? Across Kenya, the assumption is that a spouse or an adult child can step in, operate the bank accounts, manage property or run the business.

Under Kenyan law, that is not only unlawful, but it can leave families in a legal bind.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.