Monthly Archives: May 2007

Trusts

The Paperwork is Crucial! Trusts are a popular choice for people who are concerned about protecting their assets for themselves and for their children. However, the formation of a trust by the execution of a trust deed and transfer of assets to the trust is only the start. A successful trust is one that is

By |2022-01-10T15:58:33+13:00May 16th, 2007|

Managing a Subdivision

Subdivision of land can be a complex and expensive process that requires careful planning. Oversights in the process can lead to delays and omissions which will inevitably impact on costs. For this reason a subdivision requires a team effort from those involved. These parties include your surveyor, the local Council, your lawyer, your accountant and

By |2022-01-10T15:56:18+13:00May 16th, 2007|

Reverse Mortgages

For many New Zealanders, the family home is their most valuable asset. For some people this can mean they are asset rich but cash poor. It is such people who are being targeted in marketing campaigns for reverse mortgages. These mortgages are relatively new in New Zealand and can have serious implications for the home

By |2022-01-10T15:55:25+13:00May 16th, 2007|

Economic Disparity – What Does This Mean for You?

Section 15 of the Property Relationships Act 1976 was introduced to address issues of inequality between partners following a breakdown of their relationship. The section empowers the Court, following a division of relationship property, to compensate a spouse/partner if his or her living standards and income will be significantly less than the other party because

By |2022-01-10T15:57:13+13:00May 10th, 2007|
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