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Related New Zealand Law Questions
If a person lives in Australia parents die in Nz do they
If a person lives in Australia parents die in Nz do they have to pay to sort money distribution out or does the estate … read more
Chris The Lawyer
Chris The Lawyer
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Master's Degree
31,392 satisfied customers
Can you answer questions relating to Trust and what is
Can you answer questions relating to Trust and what is considered capital? … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,392 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
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Master's Degree
31,392 satisfied customers
Is it hard or expensive to dissolve a family trust in NZ?
Is it hard or expensive to dissolve a family trust in NZ? … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,392 satisfied customers
We have a trust setup in New Zealand when we owned a rental
Good afternoon, We have a trust setup in New Zealand when we owned a rental property over there. We sold the house last year and have done the Tax Return for 2016. We owe no tax and simply want to shu… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,392 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
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Master's Degree
31,392 satisfied customers
Our children are beneficiaries of our NZ family trust, are
Our children are beneficiaries of our NZ family trust, are we able to distribute funds to them to pay school fees in AU (they are 10, 11yrs)? … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,392 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
31,392 satisfied customers
I am the settlor of a family trust. My last trustee resigned
I am the settlor of a family trust. My last trustee resigned by notice in writing last year. I have not replaced him. The trust has only one asset and is becoming too much trouble to persevere with. I… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,392 satisfied customers
I am a primary beneficiary of a discretionary NZ trust along
I am a primary beneficiary of a discretionary NZ trust along with my sister. The tustees are requesting that we identify any other nieces / nephews other than ourselves before they will consider windi… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,392 satisfied customers
I am a US/NZ citizen as are my wife and children. My parents
I am a US/NZ citizen as are my wife and children. My parents set up mirror family trusts for themselves and their children. They have died so the trust is settling. I want to protect my inheritance. I… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,392 satisfied customers
Trust Income distributed to beneficiaries Question.Our
Hi, Complying Trust Income distributed to beneficiaries Question. Our Trust received a large dividend which was declared 31/03/12 The company that declared the dividend paid out a certain amount durin… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,392 satisfied customers
Greetings, Background: I am both Trustee & co-beneficiary
Greetings, Background: I am both Trustee & co-beneficiary of an irrevocable USA Family Trust established by my parents in (Co-Trustees) in March of 1971. Mom died shortly afterward, Father resigned & … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,392 satisfied customers
Tax and Trusts. Good afternoon. What is the best tax solution
Tax and Trusts. Good afternoon. What is the best tax solution for a beneficiary of a NZ trust? Have all the income distributed to his name or as much as possible retained within the trust? Does it ult… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,392 satisfied customers
Hi, my question is about whether or not I should be a trustee
Hi, my question is about whether or not I should be a trustee of a friend's trust? My friend Mary 64 yrs old, lived in NZ, NZ citizen. She sold her property last week. The property was under her famil… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,392 satisfied customers
I am a NZ citizen, living in Singapore, looking to move my
I am a NZ citizen, living in Singapore, looking to move my assets into the most tax effective entity/vehicle before moving back to live in NZ in the next few years. A foreign trust looks to hold some … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,392 satisfied customers
Should I have a family trust We are 55 and 56 yrs old with
Should I have a family trust? We are 55 and 56 yrs old with 3 children 20 - 26. Own a farm worth 4 million. I want to know that anything I gift to my children will stay with them and not be divided wi… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,392 satisfied customers
Hi We are the capital beneficiaries of 2 estates which have
Hi We are the capital beneficiaries of 2 estates which have been administered by the Guardian Trust and have now been wound up due to the death of the income beneficiary. One estate has been administe… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,392 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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