Trusts are pretty common in New Zealand. They are popular for all sorts of purposes, from minimising income tax, to making sure your family doesn’t lose a roof over its head if your business fails. One purpose that continues to be popular in NZ is to move property out of […] Read More›
Trusts
We are regularly consulted by clients in respect to disputes concerning the operation and/or administration of trusts. While the traditional methods of litigation between trustees and beneficiaries, or between trustees and trustees, has and continues to be available with the costs and time delays associated with court litigation this often […] Read More›
There has been a lot of commentary recently as to whether or not trust structures continue to be relevant in New Zealand given changes to trust law under the new Trusts Act. We have many of our existing trust clients contacting us indicating they have “heard” that they should be […] Read More›
The new Trusts Act 2019 codifies, clarifies and modernises the existing law of trusts to make it more accessible and to facilitate better understanding and awareness. There are also some significant changes introduced by the new Trusts Act that all trustees, settlors and others involved with trusts need to be […] Read More›