Our specialist
Trusts team provides experience in trading trusts, foreign trusts,
family trusts, trusts created by will, charitable trusts, trust
migration and trust administration. We are involved in advice on all
aspects of trust law, in the establishment of private trust companies
and in the administration of trusts.
One of our strengths
is advising clients about the use of trading trusts as
business structures, particularly for overseas clients, and
the establishment of corporate trustees for such trusts.
In the foreign
trust area, we advise overseas clients regarding the establishment
of trusts with New Zealand
resident trustees, the use of New Zealand
as a tax haven and the proposed new disclosure rules
which will affect foreign trusts. Where an overseas jurisdiction has
suitable companies legislation, we give advice relative to the
migration of trusts to and from New Zealand
and we are able to provide advice on inbound and outbound trust
planning for individuals moving to and from New Zealand.
We have
extensive experience in the use of family trusts as part of estate
planning - where the trust structure is used to protect
assets against creditors and to preserve assets for the benefit of
present and future family members.
The Charities
Act 2005 is the most recent piece of legislation that governs how
trusts are formed and administered. Our trust team has a
thorough understanding of this Act and can apply this knowledge to
benefit our clients.