Archive | Trusts

An interesting case has recently been handed down from the Courts. This case now provides Parents with the rights to strip their children of inheritances. The judgment goes against what was previously believed good law. To date, we have all thought that parents owe a duty to their children to provide for them in some way [...]

  As the Trustee Services Partner at Gilligan Rowe & Associates, I’m often asked by Trustees what we think is going to happen in the economy, the property market and with interest rates. We answer questions like this all the time as helping people make and protect their money is our business. Matthew Gilligan is [...]

SHOW ME THE MONEY HONEY   women and money I reckon all women are in the protection business.  Just look around.  They are born Protectors.  They look out for their friends and family and are constantly trying to protect those they love.  They even look out for friends of friends.  Experience has shown me that [...]

Money is a jealous mistress       One night last week, in a city away from my home, I found myself at a bit of a loose end.  Not a personality to skulk around, I used the time to see a movie I wanted to enjoy.  ‘Money Never Sleeps’ was my choice.  Not a [...]

I’M TELLING ALL ! After plenty of anxious moments and sleepless nights, I’ve done it. Yes, I have written a Book. “Family Trusts 101” has finally been born. Trusts are never easy creatures to understand but I think this Book should help all New Zealanders comprehend the creation and administration of Family Trusts. In a [...]

Christmas is always a time for celebration but in my book, it’s also a time for reflection and some forward thinking. “What did the year bring and what will the New Year look like?” are often questions that cross my mind as I see one year out and another year roll in. This year, we’ve [...]

Hello Everyone (Free gifting promotion has finished) Well the New Year has well and truly started for us. In Trust Land we’ve conducted hundreds of Annual Trustee Meetings. Out of those ATM’s we found a common issue arose – Gifting. So I thought I’d talk a little about Gifting and hopefully remove all the confusion.  Additionally, [...]

In the last couple of weeks I’ve been honoured to be able to speak at a couple of events, attended exclusively by women. These events focused on issues relevant to women such as maintaining a “work-life balance”.  I of course spoke about the issue of women keeping their eyes on the ball and looking after [...]

Hello Readers I hope you’ve enjoyed your Christmas break and are now fully rested, ready to tackle the New Year. Usually most of us have some spare time at the beginning of a new year and I recommend some of this time being used by Trustees to conduct an Annual Trustee Meeting (“ATM”). An ATM [...]

GREMLINS IN THE TRUST DEED As you can imagine, we see lots of different types of Trust Deeds here at GRA. Despite there being a variety of Deeds around, there are some common provisions we like in all our clients’ Deeds of Trust. One of these provisions relates to decision making. I’ve been talking about [...]