The third edition of the National Estate and Gift Planning Awareness Conference 2025 organized by the Center for Financial Literacy Education was held on October 17, 2025, at the Ghana-India Kofi Annan Centre of Excellence in ICT (GI-KACE).
The conference, themed “Securing Legacies, Building Families, and Protecting the Future,” brought together law makers, practitioners, students, and experts in the field to discuss the importance of estate and gift planning, succession planning, and philanthropy.
According to Mr. Peter Asare Nyarko, Executive Director of the Center for Financial Literacy Education Ghana, legacy building and succession planning are crucial for ensuring that one’s wealth and values are preserved for future generations. “It’s good to build wealth, but if you build a wealth and there’s no succession planning, the people after you cannot get access to the world and live with it,” he emphasized. “Legacy is not only about the material possession that you leave behind. It’s also about goodwill, the values that you create in others.”
Madam Efua Ghartey, President of the Ghana Bar Association, commended CFLE Africa for organizing the National Estate & Gift Planning Awareness conference, which brings together professionals to discuss estate planning and its benefits. She urged policymakers to strengthen frameworks to simplify estate administration and make legal services accessible. “Normalizing conversations about succession and estate planning is crucial for building a secure future,” she emphasized.
The CEO of Ghana Association of Banks, Mr. John Awuah, highlighted the significance of estate and gift planning in ensuring intergenerational wealth transfer and protecting dependents. He noted that inadequate estate planning and weak succession laws lead to assets being locked up in disputes, depriving households of wealth and the economy of liquidity. “Estate and gift planning must no longer be seen as the preserve of the affluent — it is a public good, and one that protects dependents, sustains enterprises, and safeguards the intergenerational transmission of capital and values,” he stated.
Prof. Enoch Opoku Antwi, Dean of Business and Advisory Board Member for Entrepreneurship and Communication Arts at Academic City University, reiterated the significance of financial planning. “If you don’t plan your finances today, the future will plan it for you—and that planning will be miserable,” he cautioned. He emphasized that legacy is not just about material possessions, but also about the values and goodwill one creates in others.
The conference provided a platform for experts to share insights and best practices on estate planning, succession planning, and philanthropy. As Ghanaian stakeholders continue to emphasize the importance of estate planning, it is expected that more individuals and families will prioritize legacy building and succession planning to secure their financial futures.