News Story

Trust eSpeaking

1st October 2019
Trust eSpeaking

Photo:

Scroll below for the latest & previous editions of NZ Law's Trust eSpeaking publication. Current Issue:

Trust eSpeaking - Issue 29, Spring 2019

Inside:
  • Trusts Act 2019: The new Trusts Act 2019 will come into effect on 30 January 2021.
  • Grandparent wills: Grandparents often want to give some financial assistance to their grandchildren and great-grandchildren
  • Residential care subsidy thresholds, trusts and gifting

 

With any queries arising, please do not hesitate to Contact Us 

 

NZ Law logo

NZ LAW Limited is an association of independent legal practices with member firms located throughout New Zealand. There are 55-member firms practising in over 70 locations, Woodward Chrisp is one.  NZ LAW member firms have agreed to co-operate together to develop a national working relationship. Membership enables firms to access one another’s skills, information and ideas whilst maintaining client confidentiality.

In addition to the Commercial eSpeaking and Fineprint publications which we also feature in our news link, NZ LAW publish Property Speaking and Rural eSpeaking.  Their website has a useful ‘find a law firm’ link and a variety of interesting articles. 

DISCLAIMER: All the information published in Trust eSpeaking is true and accurate to the best of the authors’ knowledge. It should not be a substitute for legal advice. No liability is assumed by the authors or publisher for losses suffered by any person or organisation relying directly or indirectly on this article. Views expressed are those of individual authors, and do not necessarily reflect the view of this firm. Articles appearing in Trust eSpeaking may be reproduced with prior approval from the editor and credit given to the source.  Copyright, NZ LAW Limited, 2019. Editor: Adrienne Olsen. E-mail: adrienne@adroite.co.nz. Ph: 029 286 3650 or 04 496 5513
Previous issues:

Trust eSpeaking - Issue 28, Autumn 2019

Inside:
  • Accessing the assets of a trust: What the future may hold for separating couples with a trust 
  • No enduring power of attorney? It's a time-consuming and expensive process if you don't have an EPA
  • The bank of mum and dad: Helping your children - with care

Trust eSpeaking - Issue 27, Spring 2018

Inside:
  • Do I still need a trust? It's good practice to review its purpose
  • How do I bring my trust to an end? The process
  • Validating imperfect wills. What can be done?

 

Trust eSpeaking - Issue 26, Autumn 2018

Inside:
  • Option A or Option B ? …. that is the question: When your spouse or partner dies you will need to make a very important decision between your entitlements under their will and potential claims against their estate.
  • When Grandma comes to live with us: As parents age, it's important to think about the legal difficulites that can arise when one member of the family has assumed responsibility.
  • Trustees' personal liability for litigation costs: It can be an unpleasant surprise. Trustees and executors are not always entitled to reimbursement for their litigation costs.

 

Trust eSpeaking - Issue 25, Spring 2017

Inside:
  • Trusts Bill – dealing with practical issues of the long-awaited Trusts Bill, introduced to Parliament on 1 August 2017.
  • Retiring as a Trustee? There’s a process that should avoid any problems down the line.
  • Ageing Trustees - know when to walk away.

 

Trust eSpeaking - Issue 24, Autumn 2017

Inside:
  • Trusts Bill: Some key proposals.
  • Will your business survive if you don’t? Planning is key.
  • Looking after your inheritance: Keep it protected.

 

Trust eSpeaking - Issue 23, Spring 2016

Inside:
  • Beneficiaries' entitlement to trust information: A frustration for trustees
  • Trusts under attack by former spouses and partners: Trustees need to be cautious
  • Foreign trusts: Tightening up the rules

 

Trust eSpeaking - Issue 22, Autumn 2016

Inside:
  • Increase in Claims on Estates: How you can help avoid a claim on your own estate
  • Your Will: Who pays for your funeral?
  • Parallel Trusts: Could be the best option for you

 

Trust eSpeaking - Issue 21, Spring 2015

Inside:
  • Should you change your trustees? Always good to review
  • Worthy causes: Will your charitable donations reach the right people?
  • Trusts Update: A trust will need to have an IRD number to buy and sell residential property from 1 October 2015 - Companies acting as corporate trustees: 28 October is a critical date - Complying trusts

 

Trust eSpeaking - Issue 20, Summer 2015

Inside:
  • Protecting Your Digital Assets
  • Duties of an Attorney under an Enduring Power of Attorney
  • FATCA and New Zealand Trusts: The US Foreign Account Tax Compliance Act (FATCA) has been in force in New Zealand since June 2014.

 

Trust eSpeaking - Issue 19, Spring 2014

Inside:
  • Dying without a Will? Messy, expensive and time-consuming
  • Common Intention Constructive Trusts: The new weapon of trust law?
  • Importance of an 'Independent Trustee': Reduces risk 

 

Trust eSpeaking – Issue 18, Summer-Autumn 2014

Inside:
  • Risks for Trustees: Health and safety, and other laws, can affect trustees
  • When a Trustee Loses Capacity: Removing and replacing incapacitated trustees
  • Looking into the Election Crystal Ball: A change in government may have implications for your trust 

 

Trust eSpeaking - Issue 17, Spring 2013

Inside:
  • Reading of the Will: Busting some of the myths regarding Wills.
  • Can Marriage Equality Affect a Couple’s Wills?  Check your Will hasn’t been revoked when you marry.
  • Protecting Grandpa’s Beachfront Holiday Home: Keeping it for future generations.

 

Trust eSpeaking – Issue 16, Autumn 2013

Inside:
  • Trust and Avoidance of Rest Home Fees: all quite tricky
  • Right to Decide About Funeral and Burial: still some uncertainties
  • Law Commission's Key Proposals for New Trust Legislation