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The
lack of trustee education has been
a major issue within the industry.
Most of the information about trusts
has been designed to get people
to buy trusts rather than how to
manage them correctly.
Our range of informative guides
is designed to help trustees understand
and perform their duties. It is
only through education and action
that trustees will protect themselves
from future, potentially expensive,
challenges.
A challenge can come from the most
likely or unlikely of sources. Challenges
are expected from creditors, Inland
Revenue and WINZ however any challenge
is more likely to actually come
from partners or others close to
you. |
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The
information contained in these
guides does not constitute
legal advice and should not
be relied upon as such. It
is only intended to provide
general information in summary
form on legal issues commonly
encountered and current as
at the time these guides were
first published. The recipient’s
use of this information does
not under any circumstances
whatsoever create any legal
relationship between Integrity
Trust Limited and the recipient.
Although Integrity Trust Limited
goes to considerable lengths
to ensure that this information
is accurate and up-to-date
it gives no warranty or guarantee
that the information is accurate,
complete or current and shall
not be liable whatsoever to
the recipient regarding such
matters. The recipient should
seek expert legal advice in
respect of particular matters. |
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| These
guides are low-res for ease of downloading,
should you require print quality
versions or are a professional who
would like to use these guides for
your clients then please contact
us for more information. |
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| We
all know that having
a plan to achieve a
goal gives us a much
greater chance of success.
Whether you’re
building a house, starting
a business or saving
for retirement, having
a plan makes sense... |
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| Today
most experts agree that
at least 75% of trusts
could be challenged
.A successful challenge
will often mean the
trust is not worth the
paper it is written
on, or worse... |
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| Trusts
have become very popular
in New Zealand with
many thousands having
been established in
recent years. There
is good reason for their
popularity, as they
are one of the best
ways to provide protection... |
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Having
made the decision to
establish a trust, choosing
your trustees is one
of the most important
decisions you will make....
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| Trustees
have many duties attached
to their role. It is
not a role to be taken
on lightly, especially
the role as an independent
trustee for someone
else. Being a trustee
is a fiduciary position.... |
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| There
are a number of core
requirements with any
trust that need to be
considered by all trustees.
While some of these
decisions may not be
relevant to a particular
trust at a given point
in time trustees should... |
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| There
is a lot of talk these
days about trust busting
and sham trusts –
but what exactly does
it mean to have your
trust ‘busted’.
For those seeking to
‘bust your trust’
it is all about trying
to prove that no trust
exists... |
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| A
large number of trusts
established in recent
times have been for
ownership of property,
whether the family home
or investment property.
In most cases these
properties have loans
secured by a mortgage... |
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here to view full text. |
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