🔍 *Next of Kin vs Beneficiary — Know the Difference!* Ladies and Gentlemen, Did you know your next of kin is not necessarily your heir? While next of kin may sound official, in legal and financial matters, they are often just your emergency contact—not the automatic recipient of your wealth. On the other hand, a beneficiary is the person (or entity) you legally designate to receive your money—whether it’s your pension, SACCO shares, life insurance, or investment proceeds—when you're no longer around. ✅ Always make sure to formally name your beneficiaries on insurance, retirement, and investment documents. ✅ Review and update them regularly—life changes, and your paperwork should too. Your hard-earned savings should go to the right hands. Don’t leave it to assumption!