 | ||||
| Home | Titles | Authors | Orders | Contact us |
 |
Family Trusts: A New Zealand Guide - New Revised Edition ISBN: 9781877361982 Release: July 2008 Subject: Business/Finance Format: Paperback RRP: NZ$29.99 |
How to Manage Family Trusts and Protect
them from Attack
Family Trusts: A New Zealand Guide is the ideal book
for anyone who wants to know:
• what are family trusts?
• how do they work?
• how do you set one up and when?
• how do you fortify it against attack?
‘I once did a talkback... As soon as we started talking
the switchboard lit up with incoming calls – the
scheduled 15 minutes became 45 and we could have
gone on much longer. Such was and is the public
interest in family trusts.’
A family trust offers you the benefits, use and control of your assets and doesn’t penalise you for owning them.
Martin Hawes’s definitive guide has been completely revised and updated, and brings together everything you need to know about family trusts. Clear and straight-forward, and aimed at the layperson, Family Trusts includes up-to-date advice, with real-life examples and answers to commonly asked questions throughout. This is an essential book for anyone curious about family trusts who is self-employed, a business owner, a wage and salary earner, or retired.
‘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.’
This, the sixth revised edition, includes a new chapter on effective management of family trusts. Many people manage their trusts as if the assets in the trust were still their own, and keep poor records of the trust’s transactions. Inadequate management can lead to accusations that the trust is a sham. Drawing on his vast experience, Martin Hawes explains how to keep correct records and minutes, and to manage your trust so that it is resilient in the face of a challenge.
|
Reviewers Comments...
‘Despite the complex material (Family Trusts) is written with the layperson in mind and is straightforward and easy to understand.’ - My Generation, 2008
|
