New book release - The New Zealand Master Trusts Guide
An “all you can eat” guide for anyone thinking of either setting up or running a family, trading or charitable trust or who stands to benefit under a trust.
Friday, December 15th 2000, 5:12PM
CCH have released a new book The New Zealand Master Trusts Guide - a complete guide to trust set-ups, trust busting, trustee’s duties and beneficiaries rights
An "all you can eat" guide for anyone thinking of either setting up or running a family, trading or charitable trusts, or those who stand to benefit under a trust - the book is compiled to appeal to all people interested in trust issues, taking readers to the next level of information and practical tools regarding trusts in New Zealand.
With a 1000% increase in trading trusts over less than 10 years the New Zealand addiction to family trusts is as strong as ever. However, do trustees really know what they are doing, and are their children the next generation of litigants? Few realise that when they agree to become a trustee the risks they are taking on. As beneficiaries become increasingly aware of their rights, trusts may well become a veritable time bomb vulnerable to attack by government agencies, creditors, and in many instances, their own children.
This book examines the concept of trusts, their role in society and the new wave of trust busting litigation. This is a must read for anyone who is thinking of setting up a trust, who is or has been asked to be a trustee, or who simply wants to know more about the roles and responsibilities of the parties to a trust in New Zealand. A special feature includes a guide includes a clause by clause analysis of a family trust deed to enable those with trusts to cut through the jargon and to help them to understand what the document really means.
