LEGA.C Capital

Succession Planning and Nurturing Next Generation Family Leaders. Click on the link to visit our website: https://legacapital.com Author: Chidinma Daniels

The Importance of a Family Office. Click on the link to visit our website: https://legacapital.com Author: Xerona Duke-Phillips

We are delighted to share the success of the inaugural Uganda Climate Tech Summit. In collaboration with the Ministry of Science, Technology, and Innovation (STI) and Consonance and Open Capital we brought together leading policymakers, investors, academics and Climate technology Innovators to advise the Ministry about the framework for Investing in Climate Technology Innovations in Africa. We express our gratitude to all the attendees. Off the back of the event, the ministry announced phasing out all petrol-based motorcycles (Bodaboda’s) and replacing them with e-bikes. A highlight was the keynote from Dr.Monica Musenero Masanza, @Uganda's Minister of Science, Technology, and Innovation. She emphasised the nation's commitment to achieving climate goals through technological advancement and regional partnerships. Throughout the dynamic three-day summit, attendees had the opportunity to participate in various engaging activities. These included visits to the MoTIV Kampala, state-of-the-art Kiira Motors Corporation Motor, and exploring the captivating and engaging in insightful panel sessions. It was a pleasure meeting with the Nordic Impact. The summit's organisation resulted from the hard work and dedication of our team Nela Duke Ekpenyong Ryan Lee Gladys Kavuma and Chidinma Daniels David Gonahasa The event demonstrated our commitment to sustainability, collaboration and global excellence. It was a gratifying experience that underlined our dedication to delivering impactful initiatives. #climatetech #STIuganda #climatetechsummi Davidson Oturu Joel Ogunsola Amanda Kabagambe John Kamara Carman Pillay

Estate Planning Strategies for High-Net-Worth Families & The Importance of a Family Office. PART 2 Estate planning is the process of organizing the management and distribution of assets during an individual’s lifetime and after their death. Such planning includes identifying assets, naming beneficiaries, creating legal documents, etc. For high-net-worth families, estate planning is crucial for the wealth to be managed, and maximized and to also ensure that such wealth is effectively passed down from one generation to the next. There are various methods by which high-net-worth families can plan their estates to manage their wealth and these include; Click on the link to read more: https://lnkd.in/dZNi8eKx #LEGA.C #Familyoffice Author: Xerona Duke-Phillips

Estate Planning Strategies for High-Net-Worth Families & The Importance of a Family Office. PART 1 Estate planning is the process of organizing the management and distribution of assets during an individual’s lifetime and after their death. Such planning includes identifying assets, naming beneficiaries, creating legal documents, etc. For high-net-worth families, estate planning is crucial for the wealth to be managed, and maximized and to also ensure that such wealth is effectively passed down from one generation to the next. There are various methods by which high-net-worth families can plan their estates to manage their wealth and these include; Click on the link to read more: https://lnkd.in/dZNi8eKx #LEGA.C #Familyoffice Author: Xerona Duke-Phillips

Happy Eid al-Adha from all of us at LEGA.C Capital!

Happy DEMOCRACY DAY!

Collaborating and Co-Investment: Leveraging Networks For Family Office. Family offices are increasingly turning to collaborative networks to explore co-investment opportunities. This strategy involves pooling resources, expertise, and networks to expand deal flow, mitigate risks, and access a wider range of investment options. Through partnerships, family offices can conduct shared due diligence, thereby spreading risks and diversifying their portfolios. These collaborations enable participation in larger and more intricate deals that might be beyond the scope of a single family office. Networking within the family office community is crucial for sharing knowledge and gaining access to exclusive investment prospects. By engaging with a diverse group of peers, family offices can leverage collective experiences and industry insights to make more informed investment decisions. Co-investing not only leads to cost savings through shared resources but also nurtures long-term relationships and opens doors to future investment ventures. This collaborative approach fosters a culture of mutual benefit and growth within the family office ecosystem. In essence, leveraging collaborative networks for co-investment provides family offices with a competitive edge in the ever-evolving investment landscape. By embracing partnerships, family offices can enhance returns, manage risks effectively, and capitalize on new opportunities for sustainable wealth creation and preservation. Authors: Chidinma Daniels Nela Duke Ekpenyong https://lnkd.in/dERUr3Gc

Happy World Environmental Day!

FAMILY PLANNING Family planning within a family office setting offers numerous benefits. Firstly, it ensures the efficient management of family wealth across generations. By strategizing the timing and extent of financial distributions, family planning minimizes the risk of wealth dissipation and promotes long-term financial security. Family planning allows the orderly transfer of assets, preserving family values and goals. Clear guidelines on succession, decision-making processes, and roles within the family office foster harmony and reduce conflicts among family members. Effective family planning enhances communication and transparency within the family, promoting unity and collaboration. Discussions on financial goals, philanthropic initiatives, and investment strategies foster mutual understanding and shared objectives. Family planning provides the opportunity for educational initiatives, empowering family members with financial literacy and governance skills. This ensures the continuity of the family office's mission and values, preparing the next generation for effective stewardship. Additionally, family planning in a family office setting promotes adaptability to changing circumstances and market conditions. Regular reviews and updates to the family plan enable the family office to respond proactively to challenges and opportunities, ensuring the sustainability and growth of family wealth. In conclusion, family planning in a family office environment is essential for preserving wealth, promoting family cohesion, and preparing future generations for responsible leadership. By incorporating family planning strategies, family offices can secure a legacy of prosperity and unity for years to come. Chidinma Daniels https://lnkd.in/dERUr3Gc