Hello Everyone
I’m feeling pretty pleased that the Media is picking up the idea that having a Family Trust isn’t just a nice “extra’ in life but is going to become an “essential”. Have a look at this link and you will see the interview I recently gave.
Here is the link: http://www.stuff.co.nz/business/money/4613958/How-to-set-up-a-family-trust.
Remember the motto, if you don’t own something it can’t be taken from you. In other words, if you don’t own the house, it can’t be taken into account for means testing purposes which I think is very likely when looking at future superannuation payouts. The latest Budget and the tax changes being implements all lead me to this view. The solution of course is to get smart and come to our next GRA seminar on 23 February (click here) where I’ll canvass some of the views I have. Looking forward to seeing you there.
Professional Trustee Services
Gilligan Rowe + Associates LP
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Learn more about Janet
Email: jx@gra.co.nz
Ph: +64 9 522 7955P.S. Did you like this article? Go ahead and sign up to our free newsletter and receive tips, updates and useful information to help you protect your assets and grow your net worth. GRA are accountants who provide expert accountant advice both in NZ and offshore.
P.P.S. Check out our sister website, www.familytrusts.co.nz for more family trust information.
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