What to do when a Trustee loses capacity: A guide for Family Trusts
A Trustee of my Family Trust has lost capacity – what do I do? Trustees are the people who own the trust assets and manage those assets for the benefit…
Commercial landlords and tenants be aware – compulsory no access clauses are near
No access in emergency clauses have been a hot topic for most landlords and tenants since NZ’s first level 4 lockdown last year. Clause 27.5 of the ADLS Deed of…
Housing tax changes are here
The Government’s recent law changes and policy announcements include some significant tax changes – a few of which we outline below: For residential investment property acquired on or after 27 March…
What happens if you die without a Will?
If you pass away and do not have a Will in place, this is called dying ‘intestate’. In this situation, the Administration Act 1969 comes into play and dictates how…
Fair Pay Agreements and the potential impact on business
One of the employment law reforms proposed by the Government was the introduction of “Fair Pay Agreements” (FPAs). An FPA would set minimum employment terms and conditions for all workers…
Protect your future with an Enduring Power of Attorney
What happens if you do not have Enduring Powers of Attorney? We all know (or should know) that a valid Will is important to have. A Will comes into effect…
Buying and selling property during a Covid-19 Level 4 lockdown
With New Zealand’s return to a COVID-19 Level 4 lockdown, buying and selling property has become more complicated again. The Level 4 rules do not allow for people to physically…
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?…