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Trust Act 2019
The new Trusts Act 2019 (“the Act”) introduces a presumption that the trustees of a trust must make available “basic” trust information to the beneficiaries of a trust. There are several factors that trustees may take into account when deciding to make ...
May 24, 2022
Trusts
Removal and appointment of trustees who have lost capacity
New Zealand’s trust law had the most significant development in over 60 years when the Trusts Act 2019 (the Act) came into force early last year. The Act serves to clarify and improve the accessibility of trust law. This includes setting out how a ...
Apr 21, 2022
Trusts
New Tax Disclosure Obligations for Trustees
8 June 2021 Are you a trustee of a trust? Did you know additional information may need to be provided to the IRD with your next tax return? Trustees should be aware of a new requirement to provide additional information with their tax returns for the ...
Jun 7, 2021
Trusts
The Trusts Act 2019 - how will the new law affect you?
The Trusts Act 2019 (‘the Act’) is the most significant change in New Zealand trust law in over 60 years. Replacing the Trustee Act 1956 and the Perpetuities Act 1964, it creates new obligations for trustees and makes a number of welcome changes to ...
Jan 29, 2020
Trusts
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