New Trusts legislation – Jan 2021
What Trustees need to know The legislation The new Trust Act modernises trust law and makes significant changes to the way trusts are currently administered in New Zealand. The Act aims toRead More…
What Trustees need to know The legislation The new Trust Act modernises trust law and makes significant changes to the way trusts are currently administered in New Zealand. The Act aims toRead More…
Most parents, at some stage in their lives, consider what provisions they would like to make for their children on their death, therefore some thought should be given in order to establish that there is some protection around those funds to ensure that they are not lost.
Everyone seems to have a family trust nowadays – do you have one (or if you have) how do you know if it’s still relevant and appropriate for your individual situation? The answer depends on your circumstances. Trusts are generally set up to protect assets and look after dependent people. They can have a valuable role to play, but they are not suitable for everyone.
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