For New Zealand income tax purposes the income of a Trust is separated into two parts – beneficiary income and…
In order to understand the rights of beneficiaries, it is useful to be aware of the duties of trustees. Duties…
If you are a trustee of a Trust, you may receive a request from a beneficiary or other interested person…
Most Discretionary Family Trusts provide that decisions of trustees are to be unanimous. Many commentators agree that providing for unanimous…
The average Will for a parent will often remain one where a spouse leaves everything to the other with a…
It is usual at the time a Trust is established for the settlor(s) of a Trust to provide the trustees…
Many settlors of Trusts derive comfort from the fact that if they choose the wrong trustees then there is power…
Many Discretionary Trusts are set up by two spouses (“settlors”). They often appoint themselves as trustees along with an independent…
Objective of programme: Endeavor to protect against: relationship property/family protection claims future re-introduction of estate duty or capital tax unknown…
Purpose of Family Trusts The following comments relate generally to Discretionary Family Trusts. They are intended to be by way…
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