Now there's always at least 3 sides to a story but if the article in the New Zealand Herald is anything to go by, it would appear a family home and its contents were sold without potential beneficiaries being told.
The facts as reported are something like this:
What does the above story teach us? Easy Peasey. Ensure you personally take steps to let others know what you want to happen with your assets and the assets that may be in your trust. Do this via your Will and a Memorandum of Wishes. Put these documents in place – NOW. Don't leave what happens to others. If you do that, you could well end up not having your wishes followed and hurting those you love and leave behind.
If you need help with these matters, please contact Trustee Services by calling (09) 522 7955 or emailing [email protected].
We had the good fortune of attending the Property School this year and it was worth every cent of our investment. All the sessions were jam packed with useful information and We thoroughly enjoyed every minute of our time here. Matt, Janet and John all have a different style of teaching yet I'm really impressed with the depth of knowledge each of them possesses. What you will learn here is a combination of theories and practical knowledge that you can take advantage of straightaway and apply in the real world. Give them a call today and book for the next session! - JL & XY - December 2017
Investing in residential property?
If you're investing in residential property, seeking to maximise your ability to succeed and minimise risk, then this is a 'must read'.
Matthew Gilligan provides a fresh look at residential property investment from an experienced investor’s viewpoint. Written in easy to understand language and including many case studies, Matthew explains the ins and outs of successful property investment.