Trusts can be an excellent way of protecting and preserving family wealth for future generations.
For many years now, they’ve been very popular in New Zealand. To put this in numbers, it’s estimated that between 300,000 and 500,000 exist.
One thing to remember, though, is that as Trusts come in many forms, making sure their structure is appropriate and they’re managed correctly is essential to their success.
A Will is a legal document that gives instruction for the distribution of your assets after you’re gone.
But how do you determine if you need one and if it's worth having?
Enduring Powers of Attorney
Life can have all sorts of things in store for you. Whether it's overseas travel, serious illness, or wanting someone else to take care of things when you're older - Enduring Powers of Attorney (EPAs) can help.
Estate Administration is the process of carrying out the wishes you lay out in your Will by making sure your estate is distributed effectively and to the right people.
As with everything in life, depending on your circumstances, this can either be very straightforward or complicated and require professional assistance.