How to use family trust to protect your assets in New Zealand?
Posted by: Prosperity Finance
Family Trust for Asset Protection
Here’s the recording for this webinar on family trust
In New Zealand, family trust is a popular way of protecting your valuable assets. If you are thinking about setting up a family trust, and wondering what exact family trust is and do you really need one, then you have come to the right place.
Samuel Ames, a senior solicitor from Turner Hopkins, joined us to share his insights into the family trusts. Here’s an example of what he covered:
(1) What is a family trust?
(2) Who should have a family trust and how can it benefit me?
(3) What is involved in maintaining a trust? – What are the relevant costs, time, and also by whom to maintain your trust? The role of trustees and advisers in this process.
(4) What are the common pitfalls with family trusts?Read further: Trust legislation changes – Are you ready?