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I am reading the family trust document again and need
I am reading the family trust document again and need clarification of a section. " During the Trust Period the Trustees may with respect to all or any part or parts of the net income of the Trust Fun… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,876 satisfied customers
Need advice around family trust. Have been asked to sign a
have been asked to sign a vesting form to transfer shares of land to family trust, … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,876 satisfied customers
Do you work Sundays??? If so here is the question.I have
Do you work Sundays??? If so here is the question.I have reviewed the trust deed and it was set up to make provision for and primarily intended to benefit the people named as primary beneficiaries. It… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,876 satisfied customers
When a family trust is set up is it expected that family
When a family trust is set up is it expected that family will benefit on the demise of the main beneficiary/ settlor? ie the memorandum of wishes will leave most if not all of the assets to the family… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,876 satisfied customers
If a property is put into a trust at time of purchase, with
If a property is put into a trust at time of purchase, with that money being put into a lawyers trust fund account by my parents then the lawyer purchased the property with the help of an unrelated pe… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,876 satisfied customers
Have a NZ trust. No assets remaining. Wish to terminate it.
Have a NZ trust. No assets remaining. Wish to terminate it. But first I need to remove one trustee, Duncan Cotterill (DC), because they want to charge for the termination, but are happy to be removed … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,876 satisfied customers
Can a person who is both a settlor and trustee of a trust
Can a person who is both a settlor and trustee of a trust resign leaving just one settlor and trustee, and if so what is the process to do this? … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,876 satisfied customers
Again Chris the Lawyer, I have reactivated my account,
Hello again Chris the Lawyer, I have reactivated my account, with another round of questions for you, still on the same general topic - i.e. what to do long term with my assets. I understand that once… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,876 satisfied customers
intervivos trust, how do beneficiaries get to know that
For an intervivos trust, how do beneficiaries get to know that they are, indeed, beneficiaries? Perhaps there are obligations on the trustee to inform individuals that they are beneficiaries and what … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,876 satisfied customers
If a trustee in a family trust becomes bankrupt should they
If a trustee in a family trust becomes bankrupt should they consider restructuring the family trust so that the trust may continue independently? If so how should this occur and which businesses or or… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,876 satisfied customers
Hi. I am a trustee of my family trust. The other trustee is
Hi. I am a trustee of my family trust. The other trustee is a professional trustee, Charted Accountant. He became difficult to get hold of, would not answer phone calls, does not reply on emails etc. … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,876 satisfied customers
Hi. I am a trustee of my family trust. The other trustee is
Hi. I am a trustee of my family trust. The other trustee is a professional trustee, Charted Accountant. He became difficult to get hold of, would not answer phone calls, does not reply on emails etc. … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,876 satisfied customers
We been together for 26 years, we have children and were living
We been together for 26 years, we have children and were living here in New Zealand for nearly 20 years, we have children aged, 22, 21' and 16, they all living with us and 1 grandson. My husband had 5… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,876 satisfied customers
Hi. I have a family trust which basically covers a freehold
Hi. I have a family trust which basically covers a freehold house. I am the sole beneficiary and I have previously had family members as the trustees and now they no longer want to do the job. I have … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,876 satisfied customers
My ex-partner and I set up a family trust where he and myself
My ex-partner and I set up a family trust where he and myself are settlors and trustees (my sister is also a trustee). He and I are both discretionary beneficiaries as is our daughter. She is also the… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,876 satisfied customers
My ex partner died seven years ago, he left a trust for our
My ex partner died seven years ago, he left a trust for our daughter with our accountant replacing him as trustee and his lawyer as the other trustee. In that time he has not legally appointed the oth… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,876 satisfied customers
I wish to change my Lawyer. My Lawyer is also a Trustee for
I wish to change my Lawyer. My Lawyer is also a Trustee for my Family Trust How do I start the process of changing Lawyers and also removing this Lawyer as a Trustee Thanking you for your kind attenti… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,876 satisfied customers
My mother passed away this year and left the family home and
My mother passed away this year and left the family home and some land assets. These were transferred into a Maori Whanua Trust. the house is valued at around $900,000. My brother agreed in the trust … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,876 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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