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Category Archives: Family & Relationships Law
Business Agreements: Say What You Mean and Mean What You Say
A timely article in the blog of Californian lawyers Albertson & Davidson on lawyers as “insurance” for business. Drafting agreements is specialist work, and easy to get wrong the longer and more complex they get. The only real panacea is … Continue reading
Sham Trusts in New Zealand
This is a topic that worries many New Zealanders under financial stress, and the more they have treated their family trust as an extension of their personal bank account, or have simply not been able to keep up with the … Continue reading
Gift Duty – Creditors vs Insolvent Gifters
As a follow-up to the “Gift till you drop?” post, I would like to recommend the recent NZ Lawyer article by barrister Josh McBride of Dryden Chambers in Auckland. Josh’s article covers possible avenues of attack by creditors against insolvent … Continue reading
Posted in Business Law, Family & Relationships Law, Property Law, Trusts & Estates Law
Tagged Auckland Lawyer, Carter Atmore, Gift Duty, insolvency, nz law, trusts
1 Comment
GIFT TILL YOU DROP?
Many of you will be familiar with the yearly forgiveness of part of the debt owed by a family trust to you. For a long time now this has been carried out at the rate of $27,000 per year per … Continue reading