How Does A Family Trust Work?
Setting up a family trust has long been a reliable way to help protect assets. It is so common in New Zealand that we are believed to have one of the highest numbers of trusts per capital in the world,...
Common Types of Trusts in New Zealand and their Benefits
Trusts are set up to protect your assets and provide for succession planning for future generations. They are created by a settlor, who transfers the ownership of the property or asset to the trustees, who legally hold onto it on...
Setting Up A Family Trust: What You Need To Know
A trust is a legal arrangement that protects a property and other assets while you are alive and ensures it is available for the people you want to benefit after your death. When you set one up, your assets no...
Removing an incapacitated trustee
It’s legally awkward as well as personally sad when your fellow trustee develops dementia and no longer has capacity to make decisions. What happens, for example, when you want or need to sell the family home which is owned by...