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I have question we had created a Family Trust, now we want
Hello good afternoon. I have question we had created a Family Trust, now we want to buy a house in Queensland? Do we need to put it in Personal names or put it into the Trust? … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,528 satisfied customers
My parents have a family trust, they are trustees and
My parents have a family trust, they are trustees and beneficiaries, and my brother and I and our descendants are beneficiaries. They are looking at the trust buying a house as an investment together … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,528 satisfied customers
I am a Kiwi who lives in OZ, have dual citerzenship, I
Hi there I am a Kiwi who lives in OZ, have dual citerzenship, I married in 2009 to a kiwi lady, we lived in NZ 3 1/2 years together, then moved to OZ, lived there together 5 years, wife left Oz, and s… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,528 satisfied customers
I just have one question Pearl. Is there are cost to ask
I just have one question Pearl. Is there are cost to ask that one question? … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,528 satisfied customers
Does a discretionary beneficiary of a family trust who is
Does a discretionary beneficiary of a family trust who is also the daughter have any legal rights when they have been removed by the trustees? … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,528 satisfied customers
My relationship with my wife is again going downhill and I
My relationship with my wife is again going downhill and I am seriously considering to go through divorce Some eight years ago, we both applied for divorce but she did not agree to sell the property w… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,528 satisfied customers
My son worked in Australia for a year before returning to
my son worked in Australia for a year before returning to NZ. the problem. i made him a trustee for my land interests along with his siblings. he is required by law to declare tax ird from Australia. … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,528 satisfied customers
I am a citizen of Belgium and my native language is Dutch so
Dear Sir,I am a citizen of Belgium and my native language is Dutch so I used Google Translate.In 2006, as a bank gift, I transferred money into a portfolio of shares and bonds in name of my three chil… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,528 satisfied customers
Gidday, We have a trust set up in NZ as we owned a house
Gidday, We have a trust set up in NZ as we owned a house over there. We sold the house 12 months ago.. did the 2016 tax return and now want to close the trust down, return the funds back to Australia.… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,528 satisfied customers
I have sold a house in NZ in the name of an inheritance
I have sold a house in NZ in the name of an inheritance trust. I now live I. Australia and am looking at purchasing a house in Australia. Can I purchase in the name of the trust or do I need the money… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,528 satisfied customers
My Mother of 74 has held a family trust (at a guess - approx
Hi there, My Mother of 74 has held a family trust for years (at a guess - approx 12 years at least). My sister and I are both trustees of her trust. She has sold her property in Glenfield Auckland for… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,528 satisfied customers
It is not but friend. She is here in the UK. Her late
Customer: It is not for me but for a friend. She is here in the UK. Her late parents owned a property in NZ which was placed in a discretionary trust during their lifetime. Her mother died first and t… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,528 satisfied customers
My family trust (I am the settlor and trustee) had partial
My family trust (I am the settlor and trustee) had partial 50% ownership of my daughters house (she is a beneficiary of the trust). She recently sold that house and as a result the 50% generated what … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,528 satisfied customers
I am living in Australia currently,with my daughter who was
I am living in Australia currently,with my daughter who was ill and i needed to be closer, she has lived here for 9 years and is well established with family and a successful business with her husband… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,528 satisfied customers
Are the beneficiaries of a NZ Family Trust set up 1991 liable
Are the beneficiaries of a NZ Family Trust set up 1991 liable to pay tax on cash distributions following the winding up of the Trust? Are these distributions considered to be capital?… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,528 satisfied customers
I bought a house in Christchurch in 1992.Now 1) I (non-resident
I bought a house in Christchurch in 1992.Now 1) I (non-resident of NZ) sell the house which my children have been staying (they are NZ residents) , I presume that I do not have to pay NZ property gain… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,528 satisfied customers
My wife and I are tax resident in France and UK nationals.
My wife and I are tax resident in France and UK nationals. We have recently bought a property in New Zealand and will be renting (hopefully) it out when we return to France. We have three children and… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,528 satisfied customers
Hi, we are looking at buying an investment property in NZ.
Hi, we are looking at buying an investment property in NZ. we have an account in NZ but have been based in Australia for 20 years. Are we better off taking the loan out in Australia and consolidating … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,528 satisfied customers

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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