- Track your orders
- Save your details for express checkout
Use this window to add all the registrants you wish to register on behalf of. If you want to attend the course also, ensure you add yourself as one of the registrants. Make sure you press "Save" after adding each new registrant.
This book is only available in PDF format
Authors: Greg Kelly, Kimberly Lawrence
Published: 17 September 2019
Pages: 22
Trusts have changed a lot over the last few decades. The drafting of trust deeds has changed, the powers vested in trustees have typically become more expansive, and there is significantly more case law about the discretionary trust than there was in the past. This means that in countries like New Zealand, where trusts are often used for wealth planning, asset protection, and farming, the trusts of yesteryear are not always best suited to the present day economic and political environment, legal landscape, or needs of the beneficiaries.
When a trust is no longer suitable, the trustees may wish to make amendments so that it is more suitable for changes in circumstances, they may wish to resettle the trust assets on a newer and more modern trust, or they may simply want to bring a trust to an end. All of these things are routine for trust lawyers and legal executives, but they also come with surprisingly common pitfalls. Everyone dealing with trust administration, and particularly those drafting the documentation, should be aware of the problems that can arise when it comes time to vary, resettle, or bring a trust to an end.
Greg Kelly Principal, Grey Kelly Law Wellington |
Kimberly Lawrence Associate, Greg Kelly Law Wellington |