Trusts

The new Trusts Act 2019 codifies, clarifies and modernises the existing law of trusts to make it more accessible and to facilitate better understanding and awareness. There are also some significant changes introduced by the new Trusts Act that all trustees, settlors and others involved with trusts need to be […] Read More›

Trust Changes Ahead

November 26, 2019

in Trusts

“Times are a changing” and changes are afoot for Trusts under the new Trust Act 2019 (“the Act”). The new Trusts Act 2019 will come into force on 30 January 2021 and it will impact existing trusts and new trusts. As the New Year will soon be upon us it […] Read More›

The Court of Appeal has recently given some directions which are helpful for trustees and beneficiaries to have more clarity with regard to Memoranda of Wishes which are often prepared for settlors and trustees. The Court has made it very clear that settlors are entitled to express their wishes for […] Read More›

An overseas person is likely to require Overseas Investment Office (OIO) consent to purchase sensitive land in New Zealand. Current news articles often talk about overseas corporations acquiring large dairy farms and foreshore properties in controversial OIO applications. However, many ordinary properties like holiday homes and baches can also fall […] Read More›

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