GRA Blogs

Articles by The Professional Trustee Team

The Professional Trustee Team

Trust Shake Up


Trustees have now been given fair warning – meet your legal liabilities and run the Trust under your stewardship as you should or risk liability and your Trust being deemed a sham. 

We've been advising our clients on this for years but the Commissioner has recently come out and said the same thing in black and white.  Those responsibilities Trustees must meet are all noted in easy to understand language in the book called Family Trusts 101 written by myself.  Such responsibilities include completing annual financial statements, resolutions and deeds.  To view the article noted in the Sunday Star times click here.  Additionally, just call us and we'll talk you through your own affairs.



The Professional Trustee Team
© Gilligan Rowe & Associates LP

Did you like this article? Subscribe to our newsletter to receive tips, updates and useful information to help you protect your assets and grow your net worth. We're expert accountants providing expert advice to clients in NZ and around the world.

Disclaimer: This article is intended to provide only a summary of the issues associated with the topics covered. It does not purport to be comprehensive nor to provide specific advice. No person should act in reliance on any statement contained within this article without first obtaining specific professional advice. If you require any further information or advice on any matter covered within this article, please contact the author.
Testimonials
Thanks Seema once again excellent service from GRA! You're my favourite accountants :-) I recommend you guys whenever I have the opportunity. Well done of giving excellent service right throughout your organisation. - Leigh Fourie - December 2017

Would you like to receive . .

. . tips, updates and useful information to help
protect your assets and grow your net worth?

Gilligan Rowe and Associates is a chartered accounting firm specialising in property, asset planning, legal structures, taxation and compliance.

We help new, small and medium property investors become long-term successful investors through our education programmes and property portfolio planning advice. With our deep knowledge and experience, we have assisted hundreds of clients build wealth through property investment.

Learn More
TOP