Trust Law has changed

Trust Law has changed31 May 2015

....and continues to do so.
This arises from Court decisions (in particular instigated by IRD for tax, relationship partners following separation, and creditors of failed businesses).
In addition there is a current review of the Trustee Act which will have major implications on the administration of Trusts and the duties and personal liability of Trustees.
The likelihood is that your Trust needs an urgent review to ensure:
1. it is still and will continue to be effective to meet the purposes for which it was formed.
2. whether the Trustees or the directors of a company Trustee should be changed.
3. whether any changes should be made to the Trust Deed to address the requirements and challenges of the changes to Trust Law.

Do not delay. See us now before it is too late.