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On a brighter note

by The Professional Trustee Team 10 Sep 15

Here's something interesting … our money is about to get a facelift. Initially introduced into New Zealand's money system in 1999, our bank notes have become a little dull. New bright notes, however, are going to be the norm from October 2015 onwards. The notes will..

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Legal judgement affecting Trusts

by The Professional Trustee Team 10 Sep 15

We all know trust law is a moving beast. The Court of Appeal recently demonstrated this when it released a judgement that had professional trustees using their little grey cells and thinking hard about their clients.  The case involved a fairly traditional marriage, of reasonably..

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Buying and selling property through trusts

by The Professional Trustee Team 08 Sep 15

Most people are aware that from 1 October 2015, residential property (with some exceptions) that is bought and sold within a two-year period will attract tax payable on capital gains made.  This rule will apply to equally to individuals, companies and trusts.  If a property..

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