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We have a small family trust and would like to close it
We have a small family trust and would like to close it down. can you please let me know a list of things we should be sure to do to close it down. The legal jurisdication is nz. It would be helpful t… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
32,036 satisfied customers
I am one of 4 beneficiaries to a property but can not attain
I am one of 4 beneficiaries to a property but can not attain this until my share until I reach the age of 30 as stated in the will, I'm currently 23 - can this be broken? … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
32,036 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
32,036 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
32,036 satisfied customers
I'd like to set up a Trust. I have 2 Trustees and I need to
Hi Pearl. I'd like to set up a Trust. I have 2 Trustees and I need to know what information I need to have about them when I set up a Trust, which I'm going to do through a Lawyer. Also do the benefic… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
32,036 satisfied customers
Thankyou for your time and expertise... Is it ok for a
Thankyou for your time and expertise... Is it ok for a Trustee to purchase a mobile home with money held in trust for three beneficiaries? To then sell the mobile home and 'tie' the money up in a prop… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
32,036 satisfied customers
I am the major beneficiary of my mothers estate - 4/5 share
I am the major beneficiary of my mothers estate - 4/5 share of her free hold house - 56% of the value of the estate. I was the primary caregiver and EPO and cared for my mother full time in the last f… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
32,036 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
32,036 satisfied customers
I am the tenant of a trust and have been last 12 years
I am the tenant of a trust and have been for the last 12 years The lease was reviewed after 6 years and the term set by the trust were agreed to. Clause 31 states that the trust can offer the lease of… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
32,036 satisfied customers
My late father passed away suddenly years ago. He left two
My late father passed away suddenly years ago. He left two companies of which my mum owns half and the other half is in shares for his children, with my mother being a life tenant. She is financially … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
32,036 satisfied customers
I have a situation where my son has shared care of my grand
I have a situation where my son has shared care of my grand children but is separated from their mother and now living with another both who will not and are determined not to work, using the welfare … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
32,036 satisfied customers
Can you sell a family farm in a family trust to a family member
Can you sell a family farm in a family trust to a family member without the other family members knowledge?… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
32,036 satisfied customers
In my mums will it says, My executor and trustee shall have
In my mum's will it says, "My executor and trustee shall have all the powers of trustees contained in the Trustee Act 1956 and its amendments and I DECLARE that the powers of maintenance, education an… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
32,036 satisfied customers
A grandparent left grandchildren shares in a company in his
A grandparent left grandchildren shares in a company in his will except that the shares were not to be given to the children until they were 21 years of age. Since his death, another family member has… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
32,036 satisfied customers
Years ago my Grandmother just prior to her death said she wished
Years ago my Grandmother just prior to her death said she wished each of her 5 great grandchildren to have $5000.00 from her estate for educational use or for a nest egg such as travel etc., when they… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
32,036 satisfied customers
I am the surviving settlor of a Family Trust.Both my 2 daughters
I am the surviving settlor of a Family Trust.Both my 2 daughters present problems in my finalising my "Will/Trust "instructions. The elder daughter is in a "gay" relationship & her partner has 3 child… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
32,036 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
32,036 satisfied customers
HELLO TINA, CAN YOU PLEASE ADVISE ME ON THE FOLLOWING; MY
HELLO TINA, CAN YOU PLEASE ADVISE ME ON THE FOLLOWING; MY 2 SONS HAVE PURCHASED A PROPERTY, IN A TRUST WHICH CONSISTS OF MY 2 SONS AND I AS TRUSTEES. ONE OF MY SONS IS MARRIED WITH CHILDREN AND THE OT… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
32,036 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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