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
Publications
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...
20 Oct
Getting The Power Of Appointment Right
Many Discretionary Trusts are set up by two spouses (“settlors”). They often appoint themselves as trustees along with an independent t...
20 Oct
Key Steps In Establishing An Asset Protection Programme Using A Family Trust
Objective of programme: Endeavor to protect against: relationship property/family protection claims
future re-introduc...
20 Oct
Trust Overview
Purpose of Family Trusts
The following comments relate generally to Discretionary Family Trusts. They are intended to be by way of int...
20 Oct
Abolition of Gift Duty and Your Trust
Gift duty is no longer payable for gifts made after 1 October 2011. As a consequence, the $27,000 per annum duty free gift limit will ...
20 Oct
Law Commission Review Of The Law Of Trusts
The Law Commission is currently undertaking a full-scale review of the law of Trusts. The review is a major undertaking and will take ...
20 Oct
Residential Care Subsidies
A Case For Life Interest Wills
It is becoming increasingly difficult to place yourself in a position of being entitled to a residentia...