[2017] KEHC 3685 (KLR)

[2017] KEHC 3685 (KLR)

The court found that while the trustee, N K, demonstrated genuine financial need to provide for the education and upkeep of the beneficiaries, she failed to justify the necessity of selling the full 5 acres requested. The evidence presented supported the need for funds but did not substantiate the existence of debts...

Source-derived case information.

Citation
[2017] KEHC 3685 (KLR)
Parties
Applicant: M L; Applicant: B P K; Trustee/respondent: N K; Beneficiary: D L K; Beneficiary: M K K; Beneficiary: M R K; Beneficiary: S M K
Court
High Court
Court Station
High Court at Nairobi (Milimani Commercial Courts)
Jurisdiction
Kenya
Case Number
Succession Cause 2613 of 2008
Procedural Posture
Succession Cause / Ruling on Application to Sell Trust Property
Outcome
Application partly allowed.
Judges
REA Ougo
Legal Topics
Trustees Powers, Sale of Estate Property, Maintenance of Beneficiaries, Education Expenses, Administration of Estates
Source Language
en
Family and Children Land and Property Trustees Powers Sale of Estate Property Maintenance of Beneficiaries Education Expenses Administration of Estates

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Parties

M L

Applicant

B P K

Applicant

N K

Trustee/respondent

D L K

Beneficiary

M K K

Beneficiary

M R K

Beneficiary

S M K

Beneficiary

Procedural Posture

Succession Cause / Ruling on Application to Sell Trust Property

  1. 1 Whether the trustee (N K) should be authorised to sell part of the trust property to raise funds for the education and upkeep of the beneficiaries.
  2. 2 Whether the sale of 5 acres is justified based on the evidence provided.
  3. 3 What safeguards should be imposed to protect the interests of all beneficiaries.

Ratio Decidendi

The court found that while the trustee, N K, demonstrated genuine financial need to provide for the education and upkeep of the beneficiaries, she failed to justify the necessity of selling the full 5 acres requested. The evidence presented supported the need for funds but did not substantiate the existence of debts to undisclosed buyers or the precise amount required. The court therefore authorised the sale of only 3 acres of the trust property, with the condition that proceeds be invested in a profit-earning institution for the benefit of all beneficiaries, thereby balancing the immediate needs of the beneficiaries with the preservation of the estate for their future benefit.

Court Disposition

Application partly allowed.

Orders

  • The applicants are authorised to sell 3 acres of L.R. No. 14756/[particulars withheld], held by N K in trust for D L K, M K K, M R K and S M K.
  • The funds obtained from the sale must be invested in a profit earning institution for the benefit of all beneficiaries.