Family Trusts - Revised and Updated
Author: Hawes, Martin
ISBN: 9780143775300
Publisher: RANDOM HOUSE NZ LTD
Year First Published: 2020
Pages: 208
Dimensions: 207mm x 134mm x 18mm
Format: Paperback / softback
Description
With a major law change in early 2021, all people who have formed trusts will need to bring the management of their trusts into line with the new legislation. Find out how!
In 2021, The Trusts Act 2019 comes into force. This is the first major trust law reform in New Zealand in 70 years. Many of the key changes are aimed at making trust law more accessible to both lawyers and the public, strengthening the ability of beneficiaries to hold trustees to account.
Anyone involved in a family trust will need to find out about the changes introduced by this new Act. Many will choose to wind up the trust, and those that keep them will need to change how they manage them, so this book is an essential tool.
A family trust offers you the benefits, use and control of your assets. Clear and straight-forward, and aimed at the layperson, Family Trusts includes up-to-date advice by New Zealand's leading financial writer, with real-life examples and answers to commonly asked questions throughout.
This book has sold well over 120,000 copies since it was first published and is an essential book for anyone curious about family trusts or involved with a trust.
'In my experience, 75 per cent of family trusts in New Zealand are so badly arranged or managed that they could easily be attacked and overturned in court... managing a trust badly is a bit like insuring the contents of your house but then going on holiday and leaving the doors wide open,' says Martin Hawes.
This is the one book anyone involved with a family trust should own.
ISBN: 9780143775300
Publisher: RANDOM HOUSE NZ LTD
Year First Published: 2020
Pages: 208
Dimensions: 207mm x 134mm x 18mm
Format: Paperback / softback
Description
With a major law change in early 2021, all people who have formed trusts will need to bring the management of their trusts into line with the new legislation. Find out how!
In 2021, The Trusts Act 2019 comes into force. This is the first major trust law reform in New Zealand in 70 years. Many of the key changes are aimed at making trust law more accessible to both lawyers and the public, strengthening the ability of beneficiaries to hold trustees to account.
Anyone involved in a family trust will need to find out about the changes introduced by this new Act. Many will choose to wind up the trust, and those that keep them will need to change how they manage them, so this book is an essential tool.
A family trust offers you the benefits, use and control of your assets. Clear and straight-forward, and aimed at the layperson, Family Trusts includes up-to-date advice by New Zealand's leading financial writer, with real-life examples and answers to commonly asked questions throughout.
This book has sold well over 120,000 copies since it was first published and is an essential book for anyone curious about family trusts or involved with a trust.
'In my experience, 75 per cent of family trusts in New Zealand are so badly arranged or managed that they could easily be attacked and overturned in court... managing a trust badly is a bit like insuring the contents of your house but then going on holiday and leaving the doors wide open,' says Martin Hawes.
This is the one book anyone involved with a family trust should own.
