Relationship Property and Trusts: A Messy Marriage
In two recent Supreme Court decisions in Clayton v Clayton the law relating to relationship property and Trusts have been clarified. Mr and Mrs Clayton were married for many years, had two daughters together, and later divorced. The assets were primarily held in a number of Trusts. A number of different challenges were made to the Trusts, […]
What you need to know about creating a will
Where there’s a will, there’s a way for you to be sure that your affairs are managed the way you want them to be. Everyone should have one and it’s easier than you think… Why do you need one? When you die, a will provides invaluable certainty and practical guidance during an emotional time. It […]
Here’s 6 things you should consider before you take the plunge…
For many of us, buying a property is the single biggest purchase we will ever make, so it pays to make sure you have the expert help you need to do it properly. Here’s 6 things you should consider before you take the plunge… Do your homework Owning your own corner of the world can […]
Buying or selling a house? One thing you should know
If you’re buying or selling residential property, we’re required to provide the IRD with an IRD number. Why? This is part of their new bright-line test. Income tax will be imposed on any gain from residential land bought or sold within two years – that’s land with or without a dwelling on it. Any excepctions? […]