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Christmas is always a time for celebration but in my book, it's also a time for reflection and some forward thinking. "What did the year bring and what will the New Year look like?" are often questions that cross my mind as I see one..

An Auckland family trust accountant is not surprised by moves to wind up the trusts of two fraudulent accounts, but says it is a rare move. JT Law's Jamie Grant has applied to the Wellington High Court to liquidate the TPS Asset Trust and TPS..

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..

Welcome to Just a minute with Janet. This is part 2 of a three-part series where I discuss, dare I say it "Divorce". If you are going through a divorce or think you might be this three part series is a must watch. I hope..

Well the New Year has well and truly started for us. In Trust Land we've conducted hundreds of Annual Trustee Meetings. Out of those ATMs we found a common issue arose – gifting. So I thought I'd talk a little about gifting and hopefully remove..

This week I had an interesting conversation with two individuals who had received some really poor advice from their advisors. This advice has cost them dearly in terms of the assets they are about to lose. But the rot doesn't stop there, as the loss..

Everyone tells you to put your assets into trust and they even tell you what benefits a trust will bestow upon you, but very rarely does anyone take the time to explain what a trust actually is. Well this blog post is going to do..

On Monday Revenue Minister Peter Dunn confirmed that the government intends to abolish gift duty. Earlier this year the Minister had signalled that a review was being undertaken as to whether or not the gift duty regime should be repealed or amended.  Subsequently that review has..

One of the largest value assets most people hold is their home.  Trusts are no exception to this. Frequently, the biggest asset a trust holds is the family home and bach the beneficiaries live in. Trustees have lots of legal duties they must satisfy and one..