Working with Trusts takes a detailed but highly practical look at issues related to the creation, management and administration of trusts in New Zealand. It deals with the practical issues likely to be encountered in relation to inter vivos trusts.

Lawyers, accountants, investment advisers, sharebrokers, farm management consultants and valuers are all groups of advisers who need to deal with trusts at varying frequencies and at differing levels in relation to their structuring and administration. To meet the needs of these groups, the text strikes a balance between the need to be comprehensive and the need to be understood by an audience comprised of advisers from various disciplines.

Detail has been omitted where it is felt unlikely to be of practical benefit to the intended audience. Conversely, because of the practical focus, some topics are dealt with at a level of detail not normally included in trust textbooks; for example, 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. The product also includes model financial statements and Inland Revenue rulings.

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;
• Trust Disputes;
• 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).

Citation

This product may be cited as follows:

• Online: Colette Mackenzie and Emma Richards Working with Trusts (online ed, Thomson Reuters).
• ProView: Colette Mackenzie and Emma Richards Working with Trusts (eBook ed, Thomson Reuters).