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Family Trusts - Revised and Updated

2020-11-03 Business & Economics
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Release : 2020-11-03
Genre : Business & Economics
Kind : eBook
Book Rating : 316/5 ( reviews)

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Book Synopsis Family Trusts - Revised and Updated by : Martin Hawes

Download or read book Family Trusts - Revised and Updated written by Martin Hawes. This book was released on 2020-11-03. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Family Trusts

2015-10-05 Business & Economics
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Release : 2015-10-05
Genre : Business & Economics
Kind : eBook
Book Rating : 263/5 ( reviews)

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Book Synopsis Family Trusts by : Hartley Goldstone

Download or read book Family Trusts written by Hartley Goldstone. This book was released on 2015-10-05. Available in PDF, EPUB and Kindle. Book excerpt: 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.

FAMILY TRUSTS - REVISED AND UPDATED

2020 Estate planning
Download FAMILY TRUSTS - REVISED AND UPDATED PDF Online Free

Author :
Release : 2020
Genre : Estate planning
Kind : eBook
Book Rating : 900/5 ( reviews)

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Book Synopsis FAMILY TRUSTS - REVISED AND UPDATED by : Martin Hawes

Download or read book FAMILY TRUSTS - REVISED AND UPDATED written by Martin Hawes. This book was released on 2020. Available in PDF, EPUB and Kindle. Book excerpt: "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.

Family Trusts

2014-10-06 Business & Economics
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Release : 2014-10-06
Genre : Business & Economics
Kind : eBook
Book Rating : 365/5 ( reviews)

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Book Synopsis Family Trusts by : N. E. Renton

Download or read book Family Trusts written by N. E. Renton. This book was released on 2014-10-06. Available in PDF, EPUB and Kindle. Book excerpt:

Family Trusts

2003-11-01 Estate planning
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Author :
Release : 2003-11-01
Genre : Estate planning
Kind : eBook
Book Rating : 146/5 ( reviews)

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Book Synopsis Family Trusts by : Martin Hawes

Download or read book Family Trusts written by Martin Hawes. This book was released on 2003-11-01. Available in PDF, EPUB and Kindle. Book excerpt: 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.

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