The Low Down on New Gifting Rules

The Low Down on New Gifting Rules Christmas Grinch verses Santa Claws When it comes to giving, they say it’s the thought that counts.  Unfortunately, not many people apply this truism when it comes to gifting to the Family Trust.  I expect lots of New Zealanders will, in the next little while, rush in where angels fear to tread and make gifts to their Trusts.  They will forgive all debt owing to them and will feel happy that the new law permits them to bring their protracted gifting programmes to an end.  Very little thought will be spared on what[...]

Read the full article here: The Low Down on New Gifting Rules

About Janet Xuccoa

Janet is a Partner at Gilligan Rowe & Associates. She leads the Trustee Services division at GRA which assists Trustees and Directors to comply with their duties, ensuring Trusts and Companies are operated efficiently and lawfully. Through the expertise Janet possesses, she is able to help clients develop and maintain effective structures to purchase property, conduct business activities and protect their assets, often through a family trust. She holds an accounting degree and a law degree and has practiced in the area of Trusts through different law and accounting firms for many years. Visit: www.gra.co.nz

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