Joint ownership of shares
Shares are a form of property and so they can be owned jointly, that is more than one person can own the same share or shares.
Shares are a form of property and so they can be owned jointly, that is more than one person can own the same share or shares.
Trusts are complex and require time, effort and knowledge to ensure that they are not only valid on formation but remain valid and fit for purpose.
It's important to have an international estate plan if you are one of the many New Zealanders who have assets in more than one jurisdiction.
Let's review the extent of disclosure to beneficiaries following a recent New Zealand Supreme Court decision. Source: STEP Journal.
Having a Trust in 2021 is nothing like having a trust just some three years ago. Laws affecting trusts have changed significantly.
What happens when an aging trustee loses capacity? The Trusts Act 2019 comes into effect on the 1st February 2021 and aims to simplify this process.
Trusts in New Zealand are facing a big overhaul. A new Act comes into force on 30 January 2021 bringing welcome changes to the laws around trusts.
New Zealand has a love affair with trust structures. Whether they're used for family or business purposes, knowing your documentation is essential.
If you have been nominated as an executor, it is essential to know the legal implications as well as the duties that are involved.