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Author: Martin Hawes
Publisher: Penguin Random House New Zealand Limited
ISBN: 0143775316
Category : Business & Economics
Languages : en
Pages : 141
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Book Description
In 2021, The Trusts Act 2019 comes into force. This is the first major trust law reform in New Zealand in 70 years. Many of the key changes are aimed at making trust law more accessible to both lawyers and the public, strengthening the ability of beneficiaries to hold trustees to account. Anyone involved in a family trust will need to find out about the changes introduced by this new Act. Many will choose to wind up the trust, and those that keep them will need to change how they manage them, so this book is an essential tool. A family trust offers you the benefits, use and control of your assets. Clear and straight-forward, and aimed at the layperson, Family Trusts includes up-to-date advice by New Zealand's leading financial writer, with real-life examples and answers to commonly asked questions throughout. This book has sold well over 120,000 copies since it was first published and is an essential book for anyone curious about family trusts or involved with a trust. ‘In my experience, 75 per cent of family trusts in New Zealand are so badly arranged or managed that they could easily be attacked and overturned in court... managing a trust badly is a bit like insuring the contents of your house but then going on holiday and leaving the doors wide open,’ says Martin Hawes. This is the one book anyone involved with a family trust should own.
Author: Martin Hawes
Publisher: Penguin Random House New Zealand Limited
ISBN: 0143775316
Category : Business & Economics
Languages : en
Pages : 141
Get Book
Book Description
In 2021, The Trusts Act 2019 comes into force. This is the first major trust law reform in New Zealand in 70 years. Many of the key changes are aimed at making trust law more accessible to both lawyers and the public, strengthening the ability of beneficiaries to hold trustees to account. Anyone involved in a family trust will need to find out about the changes introduced by this new Act. Many will choose to wind up the trust, and those that keep them will need to change how they manage them, so this book is an essential tool. A family trust offers you the benefits, use and control of your assets. Clear and straight-forward, and aimed at the layperson, Family Trusts includes up-to-date advice by New Zealand's leading financial writer, with real-life examples and answers to commonly asked questions throughout. This book has sold well over 120,000 copies since it was first published and is an essential book for anyone curious about family trusts or involved with a trust. ‘In my experience, 75 per cent of family trusts in New Zealand are so badly arranged or managed that they could easily be attacked and overturned in court... managing a trust badly is a bit like insuring the contents of your house but then going on holiday and leaving the doors wide open,’ says Martin Hawes. This is the one book anyone involved with a family trust should own.
Author: Martin Hawes
Publisher:
ISBN: 9780369353900
Category : Estate planning
Languages : en
Pages : 184
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Book Description
"In 2021, The Trusts Act 2019 comes into force. This is the first major trust law reform in New Zealand in 70 years. Many of the key changes are aimed at making trust law more accessible to both lawyers and the public, strengthening the ability of beneficiaries to hold trustees to account. Anyone involved in a family trust will need to find out about the changes introduced by this new Act. Many will choose to wind up the trust, and those that keep them will need to change how they manage them, so this book is an essential tool"--Publisher information.
Author: Hartley Goldstone
Publisher: John Wiley & Sons
ISBN: 1119118263
Category : Business & Economics
Languages : en
Pages : 324
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Book Description
An insightful and practical guide to family trusts Family Trusts is a step-by-step guide for anyone involved in family trusts: trust creators, trustees, beneficiaries, and advisors. It will help families create and administer a culture that recognizes trusts as a gift of love. Marrying the practical and emotional aspects of family wealth, this book provides a hands-on primer that focuses on fostering positive relationships, and structuring the trust appropriately for the situation and the people involved. It tackles difficult topics with frank and honest discussion, from the first beneficiary meeting to working with addictions, and more. Written by a team of experts in family wealth, this information is becoming increasingly crucial to the successful execution of a trust; you'll learn what type of person makes the best trustee, how to be an excellent beneficiary, and the technical aspects that help you build a better trust from the very beginning. There's been a staggering increase in trustee/beneficiary litigation and hostility, but that doesn't mean it's inevitable. Plenty of trusts are running smoothly, with positive experiences on all sides. This book shows you how to set up your trust to succeed from the start, with step-by-step guidance and expert insight. Express clear and thoughtful intent for the trust Create a healthy and supportive culture Select the right trustee, trust protector, and trust advisor Take the time to prepare before initially meeting the beneficiary Conduct a productive first meeting to set a tone for the relationship Historically, there has been little consideration given to the culture of trusts, and this oversight may be a key driver of the behavior that's becoming more prevalent. Family Trusts explores the nature of these relationships, and shows you how to build a trust that retains the nature and spirit with which it was intended.
Author: Martin Hawes
Publisher: Longacre Press
ISBN: 9781877251146
Category : Estate planning
Languages : en
Pages : 120
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Book Description
Family Trusts: A New Zealand Guide is the perfect book for anyone wanting to know:bull; what are family trusts?bull; how do they work?bull; how do I go about setting one up?Family trusts are as popular today as ever. They allow you to have the benefit, use and control of your assets without being penalised for owning them.But beware: there are traps for the unwary. Martin Hawes's helpful and informative guide brings together all the information you need to know about how family trusts work, their benefits and disadvantages. Written in plain English and aimed at the layperson rather than the professional, it includes up-to-date advice about superannuation, estate and taxation planning and is particularly useful for owners of small and medium-size businesses, wage and salary earners, and those who are retired.This, the fifth revised edition of the book, includes a chapter on the Property Relationship Act, and discusses ways that trusts may impact on ownership of assets within a relationship.
Author: Martin Hawes
Publisher: Penguin Random House New Zealand Limited
ISBN: 1869798082
Category : Business & Economics
Languages : en
Pages : 151
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Book Description
Over 100,000 copies sold, and the one book all family trust managers and members should own. Family trusts are as popular today as ever. A family trust offers you the benefits, use and control of your assets and doesn’t penalise you for owning them. Clear and straight-forward, and aimed at the layperson, Family Trusts includes up-to-date advice by New Zealand's leading financial writer , with real-life examples and answers to commonly asked questions throughout. It has sold well over 100,000 copies since it was first published and is an essential book for anyone curious about family trusts, whether they are self-employed, a business owner, a wage and salary earner or retired. ‘In my experience, 75 per cent of family trusts in New Zealand are so badly arranged or managed that they could easily be attacked and overturned in court... managing a trust badly is a bit like insuring the contents of your house but then going on holiday and leaving the doors wide open,’ says Martin Hawes. This seventh revised edition includes a section on effective management of your trust; many people manage their trusts as if the assets in the trust were still their own, and keep poor records of the trust’s transactions. Inadequate management can lead to accusations that the trust is a sham. Drawing on his vast experience, Martin Hawes explains how to keep correct records and minutes, and to manage your trust so that it is resilient in the face of a challenge.
Author: Jonathan Cron
Publisher: Penguin Books
ISBN: 9780143204305
Category : Estate planning
Languages : en
Pages : 256
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Book Description
A family trust can give you all of thebenefits ofpersonally owningyour assets, while protecting those assets for your future use and for future generations. Settingup a family trust is simple and relatively inexpensive, but it is important to understandhow they work and how theyshould be run. People set up family trusts for many different reasons: - To protect family assets from legal action or claims by creditors - To share the tax burden among family members - To protect family assets in the case of a relationship breakdown -To protect assets that will be passed on to future generations. This definitive guide, by one of New Zealand's foremost practitioners in family trusts, brings together everything you need to know. Clear and straightforward, itincludes up-to-date advice, with many real-life examples that will help you to determine if a family trust is right for you.
Author: N. E. Renton
Publisher: John Wiley & Sons
ISBN: 0730310337
Category : Business & Economics
Languages : en
Pages : 298
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Book Description
Demystify family trust planning with this easy-to-read guide Family trusts can be quite complex and difficult to set up correctly, and many people don't realise just how beneficial a trust can be. Even for families of average income, trusts deserve a second look. Family Trusts: A Plain English Guide for Australian Families of Average Means, 5th Edition is a comprehensive guide to the advantages and disadvantages, investment nuances, taxation regulations, and social security rules surrounding trusts. This book, by author Nick Renton, and newly updated by Rod Caldwell, provides the information you need to make an informed decision and ask the right questions of your financial and legal advisors. The book details all aspects of both setting up and running a family trust, including discretionary versus unitised trusts, trust deeds, and the roles and responsibilities of settlors and trustees. You'll learn how trusts can be used to benefit philanthropic foundations, and how to manage a trust intended for the financial care of a child with an intellectual disability. This Fifth Edition has been fully updated for the 2014 – 2015 tax year, and amended to parallel the May 2014 budget. The new material details topics like: Rates and trustee qualifications Hybrid trusts and non-resident beneficiaries Borrowing by trustees, and trustee meeting minutes Protecting assets against creditors, bankruptcy, and divorce The book also includes real-life case studies that provide examples of proper handling and help illustrate important concepts. Additionally, alternatives are discussed for situations where a family trust may not be the best structure to use. If you're an average person wishing to ensure your family's financial well-being, Family Trusts: A Plain English Guide for Australian Families of Average means, 5th Edition is the most complete guide on the market.
Author: Kathy Wang
Publisher: Bloomsbury Publishing
ISBN: 1789543428
Category : Fiction
Languages : en
Pages : 348
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Book Description
'A globe-trotting, whirlwind, tragi-comic family saga... A joy' ANDREW SEAN GREER. Meet Stanley Huang: Father, husband, ex-husband, man of unpredictable temper, aficionado of bargain luxury goods. He's just been diagnosed with cancer, and his family are dealing with the fall-out. Meet Stanley's family: Son Fred, a banker who never has enough money; daughter Kate, juggling a difficult boss and her two small children; ex-wife Linda, suspicious of Stanley's grand gestures; and second wife Mary, giver of foot rubs and ego massages. Meet Stanley's fortune: As the Huangs come to terms with Stanley's approaching death, they are starting to fear that there's a lot less in the pot than they thought. And that's a problem when you're living in one of the wealthiest parts of California... Spanning themes of culture, ambition, love and – most of all – family, this sparkling debut is a sharp, funny and loving portrait of modern Asian-American life. PRAISE FOR FAMILY TRUST: 'Silky in satire, the writing is biting, bristling, intelligent' Irish Times. 'A brilliant mashup of Crazy Rich Asians and Arrested Development... The best kind of family drama' Cristina Alger, author of The Banker's Wife. 'Deftly weaves together rich family drama, biting corporate satire and deeply felt immigrant story... A sharp, spirited and wholly original take on the American Dream' Jillian Medoff. 'A wicked and witty send up of Asian-American Silicon Valley elite, a delightful debut that Jane Austen would be proud of' Micah Perks.
Author: Rob Rikoon
Publisher: John Wiley & Sons
ISBN: 9780471321156
Category : Business & Economics
Languages : en
Pages : 392
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Book Description
Managing Family Trusts is an uncompromising, nuts-and-bolts guide to the world of family trusts. Written by a seasoned expert with many years of firsthand experience in the field, it describes how financial professionals can help beneficiaries loosen the grip of unresponsive or inefficient trustees, assert their rights as inheritors, and assume greater responsibility for their own financial lives. Managing Family Trusts provides a complete set of tools to all those concerned with the business of building better, more satisfying fiduciary arrangements and presents a rare insider's view of how this world operates and details its unique challenges and rewards.
Author: Robert A. Esperti
Publisher: Penguin Books
ISBN:
Category : Business & Economics
Languages : en
Pages : 356
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Book Description
How you and your legal advisors can design, fund, and maintain your living trust plan and secure your family's future.
