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I want to set up a family trust and transfer assets into it.
I want to set up a family trust and transfer assets into it. … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,863 satisfied customers
I have a question about a family trust that owned a property
hi, yes, I have a question about a family trust that owned a property that was then sold and the proceeds loaned to the elderly trustee to buy the right to reside in a retirement village apartment. Wh… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,863 satisfied customers
Sherwood, age 89.. I was born in New Zealand but worked
Hello, My name is***** age 89.. I was born in New Zealand but worked outside of New Zealand most of my life and do not know very much about legal affairs in New Zealand. I have four chidren, only one … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,863 satisfied customers
Can I own my shares in the family business in the name of a
Can I own my shares in the family business in the name of a family trust? … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,863 satisfied customers
I am hoping you can give me some advice on distribution of
Hi.I am hoping you can give me some advice on distribution of trust funds. … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,863 satisfied customers
A trustee who borrowed against a trust property for their
A trustee who borrowed against a trust property for their own benefit, who has now passed. The loan taken out by the deceased has not been repaid and was given by a 3rd tier lender who has now transfe… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,863 satisfied customers
I am the settlor and trustee of my family trust. There is
I am the settlor and trustee of my family trust. There is also another trustee. The trust owns a house which my partner and I live in. That is the trust's sole asset. The sole beneficiary of the trust… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,863 satisfied customers
What are there steps required to set up a trust for a
Hi there, what are there steps required to set up a trust for a property? We have been advised by our broker that some lenders prefer that situation as they do not have to scrutinise the individual to… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,863 satisfied customers
Q: Do New Zealand "Whangai" children have a legal right as a
Customer: Q: Do New Zealand "Whangai" children have a legal right as a secondary beneficiary to succeed their deceased parent (in this case father) share of his parents estate? … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,863 satisfied customers
Does New Zealand have unclaimed monies act? If so does a
Does New Zealand have unclaimed monies act? If so does a financial institution or organization have to report unclaimed monies to the government? If so how often?… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,863 satisfied customers
My son is a trustee for our family trust. Can he also be a
My son is a trustee for our family trust. Can he also be a beneficiary? … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,863 satisfied customers
I have a NZ Student loan with the IRD and am now living in
Hi Chris, I have a NZ Student loan with the IRD and am now living in the UK. I am considering filing for bankruptcy in NZ as I am unable to repay the loan and do not see myself returning to NZ to live… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,863 satisfied customers
I am a U.S. citizen that owns a house in Wanaka. I stay here
I am a U.S. citizen that owns a house in Wanaka. I stay here 6 months a year. The house is in a U.S. trust, that will sell the house and disburse the money to charities when I die. I hope that New Zea… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,863 satisfied customers
Im living overseas and since the 12 years I am here I have
Customer: Hi Im living overseas and since the 12 years I am here I have been in financial hardship and unable to neither return to NZ nor to repay the loan. I see that bankruptcy could wipe the loan b… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,863 satisfied customers
My wife and I separated in February 2013. Our Family Trust
My wife and I separated in February 2013. Our Family Trust owned our home where we resided till she left in February. The house is to be sold as part of a relationship property settlement. Myself, wif… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,863 satisfied customers
My husband appoint his sister to be Executrix and Trustee for
My husband appoint his sister to be Executrix and Trustee for his three son's. Since he has died the Son's asked for the Trust to be closed down once the estate was settled etc. We have just recently … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,863 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
31,863 satisfied customers
Our family mirror trusts are registered in New Zealand and
Our family mirror trusts' are registered in New Zealand and own a property, the family home, in Tauranga, NZ, valued today at approx $260,000, first mortgage loan approx $100,000. From pre-2000 there … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,863 satisfied customers

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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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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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