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The Professional Trustee Team

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The Low Down on New Gifting Rules

by The Professional Trustee Team 26 Oct 11

Christmas Grinch versus Santa Claws When it comes to giving, they say it's the thought that counts.  Unfortunately, not many people apply this truism when it comes to gifting to the Family Trust.  I expect lots of New Zealanders will, in the next little while,..

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Money Matters

by The Professional Trustee Team 31 May 11

MONEY MATTERS Wallis Simpson, Mistress of the King of England, was frequently quoted as saying "must have, can get".  Of course her way of getting was to ensure others, such as her Husband and the King, got for her. For most of us however, 'must..

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Gremlins Playing With Your Trust Deed

by The Professional Trustee Team 24 Jun 10

As you can imagine, we see lots of different types of Trust Deeds here at GRA. Despite there being a variety of Deeds around, there are some common provisions we like in all our clients' Deeds of Trust. One of these provisions relates to decision..

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Dad, Where's My Inheritance?

by The Professional Trustee Team 08 Sep 09

An interesting case has recently been handed down from the Courts. This case now provides Parents with the rights to strip their children of inheritances. The judgment goes against what was previously believed good law. To date, we have all thought that parents owe a duty..

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What’s Your Game Plan when YOU die?

by The Professional Trustee Team 20 Aug 09

Last week a friend of mine unexpectedly passed away. His passing left behind many family members and friends in great pain. It also resulted in quite a nightmare when it came down to dealing with his business and his personal assets. Since this is a..

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Thinking about and planning for our death is understandably a subject that most people prefer not to think about. It comes as no surprise to us, because we see it every day, that many people just simply do not plan for what happens to their..

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How To Lose Your House in 3 Easy Steps!

by The Professional Trustee Team 28 Apr 09

Congratulations!  You've scrimped, scraped and struggled. But you've managed it! Yes, you've got your foot on the first rung of the property ladder. Finally, you have a place of your own. Just like a game of snakes and ladders though, you can easily slip down..

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