The gifting programme
Tuesday, 23 February 2010
Well the new year has well and truly started for us. In Trust Land we’ve conducted hundreds of ATM’s which I discussed in my last article.
|
Importance of ATM'S
Tuesday, 12 January 2010
Usually most of us have some spare time at the beginning of a new year and I recommend some of this time being used by Trustees to conduct an Annual Trustee Meeting.
|
Christmas message from the professional trustee
Thursday, 17 December 2009
Christmas is always a time for celebration but in my book, it’s also a time for reflection and some forward thinking.
|
Two is better than one
Thursday, 10 December 2009
It’s no secret that many smart people have two trusts - one each. Each Trust will hold its own assets and frequently a half share in the family home. Why have two Trusts rather than one?
|
Money flies out the window and love flies out the door
Friday, 06 November 2009
Recessions bring about all sorts of changes. For example, in the legal beagle world, frequently people stop purchasing houses, so lawyers run out of conveyancing work.
|
Where's my money dad?
Tuesday, 06 October 2009
An interesting case has recently been handed down from the Courts. This case now provides parents with the rights to strip their children of inheritances. The judgment goes against what was previously believed to be good law.
|
The survivor's pain
Monday, 14 September 2009
Last week a friend of mine made one final, tragic and fatal decision. His choice left behind many family members and friends in great pain.
|
Asset protection
Wednesday, 12 August 2009
Well it’s been an interesting time in our Courts lately and one of the latest cases just goes to prove what I’ve been saying for the last few years – An ounce of prevention is worth a pound of cure !!!
|
Using Trusts to protect assets
Wednesday, 15 July 2009
In the last two issues, we have been looking at how easily you can slip down and even fall off when getting your foot on the property ladder. We discuss the third and last in the series of steps describing how you can lose your home.
|
Trust - the solution
Wednesday, 17 June 2009
Getting your foot on the property ladder is just like a game of snakes and ladders, you can easily slip down and even fall off that ladder. In the last issue we mentioned and talked about the first step out of a series describing how you can lose your home in 3 easy steps. This time we look at the second step.
|
Steps to losing your home
Monday, 11 May 2009
This month I’ve had three readers contact me about losing their homes. So that all readers avoid the disasters these poor people are facing, I’ve put together some suggestions.
|
To break free or not
Tuesday, 07 April 2009
A couple of months back we canvassed the question of whether the Trustees of a Family Trust should break their existing mortgage term to take advantage of a lower mortgage interest rate that was on offer.
|
Trust protection
Wednesday, 18 March 2009
Last month Gilligan Rowe and Associates Ltd, (through our trustee company Cornwall Trustees Ltd) was awarded the prestigious ‘2008 New Zealand Corporate Trustee of the Year’ award by the New Zealand Trustees Association.
|
Check the figures before breaking
Tuesday, 17 February 2009
Recently I received a couple of questions from a reader who was in a difficult dilemma. This Trustee was faced with the problem of having purchased a property on behalf of the Trust a couple of years ago, borrowing money to buy the property with a current interest rate on the existing loan of 10.25% p.a. Due to current prevailing economic conditions, the property had decreased in value.
|
More Headlines »
|
