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This page contains topical legal news items. For more information on legal items of interest, see the Legal Information section of this website.

Gifts to Family

Gifts to Family

...Gift Duty has been abolished. However, depending on your circumstances, a Gift may not be effective against creditors,relationship partners or ...

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Rest home fees

Rest home fees

...Your Trust may not protect your house from being sold to pay for residential care fees if you go into rest home care. WINZ has tightened the ...

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Trust law has changed

Trust law has changed

...and continues to do so.This arises from Court decisions (in particular instigated by IRD for tax, relationship partners following separation, ...

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Tax on house sales

Tax on house sales

...If you sell a house within 10 years of purchase then you may be liable for Income Tax on the profit on the sale.This is known as the Bright Line ...

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AML

AML

Why we need to ask you for ID and other information before commencing work for you...

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Lawyers selling real estate

Lawyers selling real estate

...Lawyers are authorised to sell Real Estate under the Real Estate Agents Act.We have been selling houses for our clients since 2011. We use a ...

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Good advice

  • Do not sign any contract without seeing us first.
  • Lawyers know more about agreements than anyone else.
  • Spending money on due diligence is cheaper than finding out problems after you sign.
  • Be careful as to GST in property and business transactions.
  • If signing can wait until the next day then sleep on it. Things can often look different the next day.
  • You should not accept legal advice as to a contract or property from anyone but a Lawyer.
  • If in doubt ask a Lawyer or Legal Executive at Murdoch Price.

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