Do you really want to be a trustee for life?
All trustees have tasks and duties that have to be performed on a regular basis, even in small family trusts.
What you need to do to retire as a trustee
If you’ve agreed to act as trustee for a friend, family member or another entity, you’ll be aware that signing up is a relatively easy process.
A practical approach to trusts
The Trusts Bill introduced on the 1st August this year updates the Trustee Act 1956 and reflects decisions made about trusts in common law.
What happens to rural property when relationships break down?
More to the point: what happens if your property is held in a trust? Trusts are arguably a New Zealand institution for ensuring property is passed on to specific beneficiaries,...
It’s your inheritance. Here’s how to keep it.
A legacy or a gift in a will can significantly change your life, personally and financially.
Is your business prepared for life after death?
Although many of us don’t want to consider this question, it is very important as most owners want their business to survive them.
The Trusts Bill: What will it mean for you?
Last December, the draft Trusts Bill was released for public consultation. Resulting from recommendations in a Law Commission report, the new Trusts Act will replace the Trustee Act 1956 if...
Red Alert: Farm trustees are now accountable for workplace health and safety
Many farms operate using trusts, but the changes to the Health and Safety at Work Act now make individuals accountable. Farm trustees, that’s you.
Trusts under attack!
Trusts are used in many ways, but often their purpose is to protect assets, including claims by former spouses and partners.
Is New Zealand a potential tax haven?
This question is in the government’s spotlight. The problem is foreign trusts. A foreign trust is a trust held in New Zealand where all the settlors live outside New Zealand.