Family Trusts - Revised and Updated
Family Trusts - Revised and Updated

Author: Martin Hawes

Publisher: Penguin Random House New Zealand Limited

Published: 2020-11-03

Total Pages: 141

ISBN-13: 0143775316

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In 2021, The Trusts Act 2019 comes into force. This is the first major trust law reform in New Zealand in 70 years. Many of the key changes are aimed at making trust law more accessible to both lawyers and the public, strengthening the ability of beneficiaries to hold trustees to account. Anyone involved in a family trust will need to find out about the changes introduced by this new Act. Many will choose to wind up the trust, and those that keep them will need to change how they manage them, so this book is an essential tool. A family trust offers you the benefits, use and control of your assets. Clear and straight-forward, and aimed at the layperson, Family Trusts includes up-to-date advice by New Zealand's leading financial writer, with real-life examples and answers to commonly asked questions throughout. This book has sold well over 120,000 copies since it was first published and is an essential book for anyone curious about family trusts or involved with a trust. ‘In my experience, 75 per cent of family trusts in New Zealand are so badly arranged or managed that they could easily be attacked and overturned in court... managing a trust badly is a bit like insuring the contents of your house but then going on holiday and leaving the doors wide open,’ says Martin Hawes. This is the one book anyone involved with a family trust should own.

Family Trusts
Family Trusts

Author: Hartley Goldstone

Publisher: John Wiley & Sons

Published: 2015-10-05

Total Pages: 324

ISBN-13: 1119118263

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An insightful and practical guide to family trusts Family Trusts is a step-by-step guide for anyone involved in family trusts: trust creators, trustees, beneficiaries, and advisors. It will help families create and administer a culture that recognizes trusts as a gift of love. Marrying the practical and emotional aspects of family wealth, this book provides a hands-on primer that focuses on fostering positive relationships, and structuring the trust appropriately for the situation and the people involved. It tackles difficult topics with frank and honest discussion, from the first beneficiary meeting to working with addictions, and more. Written by a team of experts in family wealth, this information is becoming increasingly crucial to the successful execution of a trust; you'll learn what type of person makes the best trustee, how to be an excellent beneficiary, and the technical aspects that help you build a better trust from the very beginning. There's been a staggering increase in trustee/beneficiary litigation and hostility, but that doesn't mean it's inevitable. Plenty of trusts are running smoothly, with positive experiences on all sides. This book shows you how to set up your trust to succeed from the start, with step-by-step guidance and expert insight. Express clear and thoughtful intent for the trust Create a healthy and supportive culture Select the right trustee, trust protector, and trust advisor Take the time to prepare before initially meeting the beneficiary Conduct a productive first meeting to set a tone for the relationship Historically, there has been little consideration given to the culture of trusts, and this oversight may be a key driver of the behavior that's becoming more prevalent. Family Trusts explores the nature of these relationships, and shows you how to build a trust that retains the nature and spirit with which it was intended.

Family Trusts - Revised and Updated
Family Trusts - Revised and Updated

Author: Martin Hawes

Publisher: Penguin Random House New Zealand Limited

Published: 2012-05-01

Total Pages: 156

ISBN-13: 1869798082

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Over 100,000 copies sold, and the one book all family trust managers and members should own. Family trusts are as popular today as ever. A family trust offers you the benefits, use and control of your assets and doesn’t penalise you for owning them. Clear and straight-forward, and aimed at the layperson, Family Trusts includes up-to-date advice by New Zealand's leading financial writer , with real-life examples and answers to commonly asked questions throughout. It has sold well over 100,000 copies since it was first published and is an essential book for anyone curious about family trusts, whether they are self-employed, a business owner, a wage and salary earner or retired. ‘In my experience, 75 per cent of family trusts in New Zealand are so badly arranged or managed that they could easily be attacked and overturned in court... managing a trust badly is a bit like insuring the contents of your house but then going on holiday and leaving the doors wide open,’ says Martin Hawes. This seventh revised edition includes a section on effective management of your trust; many people manage their trusts as if the assets in the trust were still their own, and keep poor records of the trust’s transactions. Inadequate management can lead to accusations that the trust is a sham. Drawing on his vast experience, Martin Hawes explains how to keep correct records and minutes, and to manage your trust so that it is resilient in the face of a challenge.

Family Trust
Family Trust

Author: Kathy Wang

Publisher:

Published: 2018-12-13

Total Pages: 400

ISBN-13: 9781789543414

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The BuzzFeed Book Club pick. 'A globe-trotting, whirlwind, tragi-comic family saga ... A joy to read from start to finish'ANDREW SEAN GREER, Pulitzer Prize winning author of Less. Meet Stanley Huang: Father, husband, ex-husband, man of unpredictable temper, aficionado of bargain luxury goods. He's just been diagnosed with cancer, and his family are dealing with the fall-out. Meet Stanley's family: Son Fred, a banker who never has enough money; daughter Kate, juggling a difficult boss and her two small children; ex-wife Linda, suspicious of Stanley's grand gestures; and second wife Mary, giver of foot rubs and ego massages. Meet Stanley's fortune: As the Huangs come to terms with Stanley's approaching death, they are starting to fear that there's a lot less in the pot than they thought. And that's a problem when you're living in one of the wealthiest parts of California... Spanning themes of culture, ambition, love and - most of all - family, this sparkling debut is a sharp, funny and loving portrait of modern Asian-American life. PRAISE FOR FAMILY TRUST: 'A brilliant mashup of Crazy Rich Asiansand Arrested Development... The best kind of family drama' Cristina Alger, author of The Banker's Wife. 'Deftly weaves together rich family drama, biting corporate satire and deeply felt immigrant story ... A sharp, spirited and wholly original take on the American Dream' JILLIAN MEDOFF. 'A wicked and witty send up of Asian-American Silicon Valley elite, a delightful debut that Jane Austen would be proud of' MICAH PERKS.

Understanding Living Trusts
Understanding Living Trusts

Author: Vickie Schumacher

Publisher: Schumacher Publishing

Published: 1990

Total Pages: 230

ISBN-13:

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Written in clear, conversational English, this book can help anyone understand how a living trust avoids the complications, expenses, and delays of probate at times of incapacity and death.

The Living Trust Workbook
The Living Trust Workbook

Author: Robert A. Esperti

Publisher: Penguin Books

Published: 2001

Total Pages: 356

ISBN-13:

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How you and your legal advisors can design, fund, and maintain your living trust plan and secure your family's future.

The Book of New Family Traditions (Revised and Updated)
The Book of New Family Traditions (Revised and Updated)

Author: Meg Cox

Publisher: Running Press Adult

Published: 2012-05-22

Total Pages: 288

ISBN-13: 9780762443185

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Offers instructions or "recipes" for creating new family rituals or traditions, in categories such as "holidays," "family festivities and ceremonies," and "rites of passage."

The Beneficiary Primer
The Beneficiary Primer

Author: Patricia M Angus Esq

Publisher:

Published: 2020-12-17

Total Pages: 106

ISBN-13:

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Have you been named as beneficiary of a family trust? Does it feel overwhelming? Are you looking for some practical information to get up to speed fast? Here's an essential guidebook for you. Written by an expert who has more than 25 years' experience working with families to create, administer, and benefit from trusts, this primer is a "go to" resource for anyone who has been named as a beneficiary. The text incorporates a worksheet throughout that can help you organize information, thoughts, and questions, to set you up for a positive, productive experience. Key concepts are distilled to their essential elements. The tone is encouraging and easy to read while maintaining a sense of the seriousness, and importance, of the beneficiary's role. Also helpful for anyone setting up a trust as part of an estate plan or for a trustee of a family trust.