Understanding your trust Tag

In 2011  The gift duty for dispositions of property under the Estate and Gift Duties Act 1968 was abolished, thus removing the threshold of how much could be gifted in any  year and the requirement to lodge paperwork with the IRD.   Unfortunately, at around the...

Your Guide to Trusts What are the new rules relating to Family Trusts? The Trusts Act 2019, which came into force on 30 January 2021, is the first major Trust law reform in New Zealand in 70 years.  Many of the key changes are aimed at making...