With New Zealand’s ageing population, more and more people are losing mental capacity as they grow older. When this happens to a trustee of a trust, it can make trust administration difficult or, in some cases, almost impossible.
A power of attorney allows you to appoint someone (the attorney) to look after your affairs. It’s a common mistake for company directors to think their personal attorneys can look after a company’s affairs in their absence.
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With the standard ADLS/REINZ Agreement for Sale & Purchase containing a ‘subject to finance’ condition, a purchaser must do all things reasonably necessary to arrange finance on or before the finance date.
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Forestry Rights were created by the Forestry Rights Registration Act 1983, which means the first wave of cropping relating to those rights is well underway.
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Plan ahead. Trustees sometimes need to sign documents in a hurry. An example is bank mortgage documents which may need to be signed so that the trust can borrow to cover expenditure.
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https://gifforddevine.co.nz/wp-content/uploads/2017/06/gifford-LETTERS.jpg196208caddie~teamhttps://gifforddevine.co.nz/wp-content/uploads/2025/10/Gifford-Devine-Hastings-Logo.jpgcaddie~team2011-03-25 15:23:472022-03-09 01:09:38Leasing the Farm
Limitation laws prevent certain legal claims being brought against a person or company after a defined period of time. They provide a defence against old claims and give certainty in relation to legal liability for past events.
When a Trustee Loses Capacity
With New Zealand’s ageing population, more and more people are losing mental capacity as they grow older. When this happens to a trustee of a trust, it can make trust administration difficult or, in some cases, almost impossible.
Powers of Attorney
A power of attorney allows you to appoint someone (the attorney) to look after your affairs. It’s a common mistake for company directors to think their personal attorneys can look after a company’s affairs in their absence.
Finance Conditions for Sale & Purchase Agreements
With the standard ADLS/REINZ Agreement for Sale & Purchase containing a ‘subject to finance’ condition, a purchaser must do all things reasonably necessary to arrange finance on or before the finance date.
Forestry Rights
Forestry Rights were created by the Forestry Rights Registration Act 1983, which means the first wave of cropping relating to those rights is well underway.
Signing on Behalf of Trustees
Plan ahead. Trustees sometimes need to sign documents in a hurry. An example is bank mortgage documents which may need to be signed so that the trust can borrow to cover expenditure.
A reminder: buyers beware of GST zero-rating
The TGRM effectively creates a GST-zero position as between GST registered parties in certain land transactions.
Family Trusts and the Family Protection Act 1955
Under the Family Protection Act 1955 (FPA), parents have a moral duty to provide in their Wills for their children’s maintenance and support.
The ‘Solicitor’s Approval’ Clause
Have you ever signed an Agreement for Sale & Purchase without first giving it to your lawyer to consider?
Leasing the Farm
Leasing a farm, an orchard or cropping land is becoming more common and has attractions for both the land owner and the tenant farmer.
Limitation Act 2010
Limitation laws prevent certain legal claims being brought against a person or company after a defined period of time. They provide a defence against old claims and give certainty in relation to legal liability for past events.