Buying property together? Understanding ownership options
Joint Tenants vs Tenants in Common So, you’ve found the dream home, or at least one you can afford, and you’re buying it with someone else. Whether it’s your partner,…
Moving in or moving on? Plan ahead!
Have you and your partner entered into a Relationship Property Agreement? You might be surprised to find that your separate property may not be as secure from your partner as…
Trust Law Update – The Case of the Missing Beneficiary
The recent case of The Estate of Thomas Winston Hodgson highlights changes under the new Trusts Act and what the Court will deem ‘reasonable measures’ when trying to find missing…
Sick leave entitlements are increasing – are you ready?
On 24 May 2021, the Holidays (Increasing Sick Leave) Amendment Act 2021 (“the Act”) received the Royal Assent. It comes into force on 24 July 2021. What does this mean?…
Changes To Employment Law Are Here – With More To Come
Employers need to be aware of what changes are here and what lies ahead, particularly in relation to employees’ leave and the report of the Holidays Act Working Group. Holidays…
New Purchase Price Allocation Rules – What You Need To Know
As of 1 April 2021, new rules will govern the allocation of the purchase price for a business sale and purchase. For context, the current rules allow vendors and purchasers…
Trusts Act 2019 Is Now In Force
As at 30 January 2021, the Trusts Act 2019 is in force. This long awaited Act brings the law up to date in replacing the Trustee Act 1956. The new…
Flood Prone Notices And The Plan Change 27 Correspondence From Tauranga City Council
Many Tauranga residents have recently received a letter from Tauranga City Council informing them of Plan Change 27 and advising that their property is one impacted by the proposed Plan…
Seven Employment Law Changes Looming – Will They Affect You?
The Labour government has signalled that we should expect to see some of the campaign promises to reform employment law implemented during this term. So, what were these promises, and…
Directors’ Duties And Robbing Peter To Pay Paul
With the current economic climate of Covid-19, company Directors may question their business solvency and whether to continue trading in such circumstances. The recent Supreme Court decision of Madsen-Ries v…