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I'm feeling pretty pleased that the Media is picking up the idea that having a family trust isn't just a nice "extra' in life but is going to become an "essential". Have a look at this link and you will see the interview I recently..
Read ArticleWallis 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 have, can get'..
Read ArticleThis video post outlines the government's new trust disclosure rules: what they are, and who they apply to. The new rules require trusts to make additional disclosures when filing income tax returns unless the trust meets certain exemptions. Non-exempt trusts need to prepare financial statements..
Read Article30 July 2019 was an important milestone in the land of trusts. That was the date the Trust Act 2019 became law in New Zealand. One of the objectives of this new law is to provide for greater transparency and accountability by trustees to beneficiaries. This..
Read ArticleThe utilisation of trusts for asset protection, estate planning and tax planning purposes has exploded over the last 20 years. I suspect many readers are currently trustees of trusts. I equally suspect that very few readers have read the Trustee Act 1956, which was essentially..
Read ArticleRecessions bring about all sorts of changes. For example, in the legal world people stop purchasing houses, so lawyers often run out of conveyancing work. Conversely, money starts to get tight so people start to sue each other. This of course means extra litigation work..
Read ArticleMost people understand that when a motor vehicle is sold, the owner of the car has to sign the sale papers. These days, the buyer also has to sign the sale papers. The same analogy applies to houses owned by a trust. Vendors and purchasers have to..
Read ArticleOne of our clients recently asked me if they should be renting or striving to buy a home. They weren't too sure if buying a house was such a smart way of increasing their wealth given the recent state of the property market and the way..
Read ArticleWomen and moneyI reckon all women are in the protection business. Just look around. They are born protectors. They look out for their friends and family and are constantly trying to protect those they love. They even look out for friends of friends. Experience has..
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