Working with Trusts takes a detailed but highly practical look at issues related to the creation, management and administration of trusts in New Zealand.

The authors draw on their long experience of working with trusts to explain and elaborate on issues which are important for any professional adviser working with or administering trusts.

Working with Trusts deals with the practical issues likely to be encountered in relation to inter vivos trusts. Because of the practical focus, some topics are dealt with at a level of detail not normally included in trust textbooks - eg, in relation to trustee administrative procedures.

Colette Mackenzie BA, LLB, Director, Greg Kelly Law Limited writes for chapters 1–8 and Emma Richards LLB, Special Counsel PwC Legal writes for chapter 9, Trust Taxation.

Contains discursive chapters with commentary relating to general trust principles, including planning, establishing, and changing a trust. It also covers trust taxation issues, model financial statements, and Inland Revenue rulings.

Chapter headings in this product:

• Introduction to Trusts;
• Why Trusts are Created;
• How Trusts are Created;
• Trust Variation and Termination;
• Trustees;
• Beneficiaries;
• Challenges to Trusts;
• Charitable Trusts;
• Trust Taxation;
• Trusts Act 2019;
• Model Financial Statements;
• Inland Revenue Department Rulings;
• Related Legislation;
• Indexes

This work is available in looseleaf, online and as an eReference (in ProView).