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Become a fan of Quay Law on Facebook and be eligible for a FREE 1/2 hour Trust checkup....
A trust is a form of transport, much like a container truck. The driver and co-driver are the Trustees, who are charged with ensuring the safe transportation of the container contents...
Based on current records, New Zealand has one of the highest numbers of trusts per head of population in comparison to other countries....
Whilst the review of trust law within New Zealand is in progress....
Legal article by Ian Mellet (Auckland lawyer and principal of Quay Law Barrister and Solicitor)...
A trustee must manage the trust and its assets properly, investing with diligence and prudence. ...
Trusts have become an increasingly popular way of structuring one’s affairs. It is important for those intending to use a trust to be clear on the legal relationships and obligations involved....
Assets must be in a trust for a period before they are fully protected from asset testing and creditors. ...
Economic Downturns are disconcerting but take charge of the planning that you can do. A well thought out Estate Planning exercise is well worth the investment....