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Family Trusts: The Must-Have New Zealand Guide - How to Manage and Protect Your Family Trust

Family Trusts: The Must-Have New Zealand Guide - How to Manage and Protect Your Family Trust (Trade Paperback / Paperback, 2012 ed.)

By Hawes, Martin

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Family trusts are as popular today as ever. A family trust offers you the benefits, use and control of your assets and doesn't penalise you for owning them. Clear and straight-forward, and aimed at the layperson, Family Trusts includes up-to-date advice, with real-life examples a...nd answers to commonly asked questions throughout. It has sold well over 100,000 copies since it was first published and is an essential book for anyone curious about family trusts, whether they are 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,' says Hawes. This seventh revised edition includes a section on effective management of your trust; 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.
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ISBN 9781869798079
Published NZ 4 May 2012
Publisher Random House
Format Trade Paperback/Paperback, 2012 ed.
9 In-stock at publisher; ships 7-14 working days

Full details for this title

ISBN-13 9781869798079
Stock Available
Status In-stock at publisher; ships 7-14 working days
Publisher Random House
Imprint Random House New Zealand Ltd
Published 4 May 2012
Publication Country New Zealand New Zealand
Format Trade Paperback/Paperback, 2012 ed.
Edition 2012 ed.
Author(s) By Hawes, Martin
Category Business & Management
Personal Finance
Law For The Lay Person
NZ, Maori & Pasifika
New Zealand
New Zealand & Related
Number of Pages 276
Dimensions Width: 162mm
Height: 235mm
Spine: 17mm
Dewey Code 346.93059
Weight 310g
Interest Age General Audience
Reading Age General Audience
NBS Text Money & Consumer Issues
ONIX Text General/trade