Archive for September, 2011

Purchase of Property

Wednesday, September 7th, 2011

For most New Zealanders, the purchase of their home is their biggest investment in their life. To make sure that the property you buy is worth what you pay for it, we always recommend your agreement to purchase (or contract) is subject to a number of conditions so you can research the property before you [...]

Wills

Wednesday, September 7th, 2011

You may have had thoughts about whether or not you need to have a will. Under New Zealand law, if you are 18 years or over and you own anything, that will become your estate when you die. If you do not have a written will, the law will make assumptions about who is to [...]

Gift Duty

Wednesday, September 7th, 2011

There has been quite a lot of publicity given to the upcoming abolition of gift duty. Formal assent has now been given, and the abolition will take effect from 1 October 2011. This means that anyone who has a family trust, and who has a loan to the trustees of the trust needs to consider [...]