The Law Commission's final recommendations for changes to the Property (Relationships) Act 1976.
The new Trusts Act 2019 will come into effect on 30 January 2021. Much of the Act updates or restates law that exists already, either in statute or in case law. There are, however, a number of changes about which trustees and settlors should be aware.
Grandparents often want to give some financial assistance to their grandchildren and great-grandchildren. There can be a number of good reasons for making specific provision for grandchildren in your will or through a family trust.
Increasing numbers of elderly New Zealanders are going into residential care and seeking the government’s residential care subsidy.
Employing staff is never a simple process. Finding people with the right skills and personality to fit into your team can be challenging.
Restraint of trade clauses are common in the sale and purchase of a business and in some employment agreements.
Eminem - importance of IP indemnities in agreements / Mainzeal directors' appeal denied / Federated Farmers wants tougher labelling on plant-based products / New regulations impose licensing regime for insolvency practitioners.
There has been a great deal of discussion recently as to whether or not family trusts are still relevant in today's legal climate.
New Zealand’s Emissions Trading Scheme (ETS) was established by the Climate Change Response Act 2002. The ETS was created as the vehicle for New Zealand to meet its obligations for the reduction of greenhouse gas (GHG) emissions under the Kyoto Protocol.
The damage from governance failure can be profound, and can attract significant unwelcome media and public scrutiny. Focusing on the learnings from these cases is how we can get some real benefit and continuous improvement in corporate governance.
Having an executor of your will is like having a manager of your affairs (your estate) after your death. Your executor is named in your will; it is his or her role to carry out the terms of your will.
There are plenty of war stories about recordkeeping blunders. Think of offices crammed with paper, ‘lost’ documents, fireplace filing systems and online voids.
Companies Office helping amalgamation customers ‘get it right first time’, Tax Working Group – capital gains tax scrubbed, Claiming legitimate business expenses
Following publicity in 2018 that some property managers were using the ‘KFC test’ to vet prospective tenants, landlords’ protection of their tenants’ privacy has come under scrutiny by the Privacy Commissioner.
Subdivisions are more common than you think. A subdivision can range from the carving up of hundreds of acres of rural land for housing, developing land in a prime commercial area, selling half your quarter-acre section or simply wanting to extend your boundary a few metres.
Building report conditions and AML one year on
You have identified an employee who plays an important role in your business. You want to reward their efforts and offer an incentive that keeps them invested in growth of... >
Did you know, as an owner or occupier of land, you are not responsible for damage to your neighbour's land caused by "natural agencies".
The wider economy was looked after with increases in funding to KiwiRail, the establishment of a new venture capital fund, investment in science and research, and so on
When the PPSR was established in 1999, most businesses were quick to catch on that it was a good idea to register security over goods that were sold under a line of credit. What wasn’t so easily recognised is that the register was designed to also capture leases of goods that are indefinite or extend past one year.
Directors have personal liability for company debt in liquidation / Electronic signatures – uses and risks / The Tax Working Group: recommendations coming soon
In 2016, a series of legislative changes were introduced to protect employees, largely in response to "zero-hour" contracts.
If you or your company is owed money by another company, and that company fails or refuses to pay the debt, one option available to you might be to serve a statutory demand on the debtor under section 289 of the Companies Act 1993.
It’s essential that the sale and purchase agreement contains the correct wording, particulars and information in respect of the GST position of the parties to the agreement.
The purchase of your first home may be more in reach than you think.
Unit Titles Act 2010: are you complying? Healthy Homes Standards: what you need to know, Damage to your rental: who foots the bill?
From 1 April 2019, employees who are affected by family violence may request 10 days of paid leave each year, and a short-term variation of their working arrangements for up to two months at a time.
As of 6 May 2019, several changes to New Zealand employment law have come into effect.
The Clean Slate Act or clean slate scheme, became law almost 15 years ago. The rationale behind the legislation was to enable people who had certain convictions to put their past behind them...
The law governing the division of property when a relationship ends is, after more than 40 years, set to change following the Law Commission’s comprehensive review...
The Insurance & Financial Services Ombudsman office (IFSO) was established in 1995 to help consumers who were in dispute with their insurers or financial services providers.
The much-anticipated final report of the Tax Working Group (TWG) was released on 21 February and, unsurprisingly, recommended the introduction of a broad-based, realised capital gains tax (CGT) regime.
Every year for the past 12 years, the Race4Life Charitable Trust has organised a track day at Hampton Downs for palliative care patients who live in Auckland and Waikato
What the future may hold for separating couples with a trust
It’s a time-consuming and expensive process if you don’t have an EPA
Helping your children – with care