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Don’t Bet your House on the Business Feb 07, 2022

Landlords and suppliers can sometimes ask you for a personal guarantee on a contract.

Unfortunately, that could mean that if something goes wrong, you have put your house at risk. Here are a few ways to protect your home and your other personal assets from potential business problems.

Personal...

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Is your Trust relevant and compliant? Jan 31, 2021

With between 300,000 and 500,000 Trusts in New Zealand, they’re clearly a popular way to protect assets.

However, the Trusts Act 2019 came into force on 30 January 2021, bringing key changes to the way Trusts are run and imparts stronger duties upon Trustees.

If you have a Trust,...

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Understanding your Duties as a Trustee Oct 19, 2020

If you’re a Trustee, it’s essential you get up to speed with your duties under the new Trusts Act 2019. While most of these duties were already considered best practice and some were mandated by common law, they’re now codified in law and must be adhered to.

There are four key...

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