The Duties, Office And Powers Of A Trustee
The New Zealand Law Commission is currently reviewing the law of Trusts in New Zealand. An issues paper released by the Law Commission ...
10 Dec
Publications
10 Dec
Distributions From Discretionary Trusts
August 2011 Modern Discretionary Family Trusts usually provide that the trustees can pay both income and capital to the beneficiarie...
10 Dec
Trust Administration Checklist
This checklist is put together by:
Tony Fortune, a partner specialising in Trust matters at Fortune Manning Michael Humphries, char...
10 Dec
Tax Residency And Tax Treatment Of Your Trust
For New Zealand income tax purposes the income of a Trust is separated into two parts – beneficiary income and trustee income. Trusts c...
10 Dec
Rights Of Beneficiaries
In order to understand the rights of beneficiaries, it is useful to be aware of the duties of trustees.
Duties of trustees
Trustees’ ...
10 Dec
Trust Documents – What Do You Have To Disclose?
If you are a trustee of a Trust, you may receive a request from a beneficiary or other interested person to disclose certain Trust docu...
10 Dec
Managing Your Trust – Trustees Must Act Jointly
Most Discretionary Family Trusts provide that decisions of trustees are to be unanimous. Many commentators agree that providing for una...
10 Dec
Inheritance Trusts
The average Will for a parent will often remain one where a spouse leaves everything to the other with a gift over to children and a pr...
20 Oct
The Importance Of A Letter Of Wishes For A Discretionary Trust
It is usual at the time a Trust is established for the settlor(s) of a Trust to provide the trustees of the Trust with a Letter of Wish...
20 Oct
Choosing The Right Trustee
Many settlors of Trusts derive comfort from the fact that if they choose the wrong trustees then there is power in the Trust Deed to fi...