Few acts in our lifetime require more trust than giving another person the right to legally act on our behalf. And, there can be few more onerous responsibilities than taking on that significant duty.
It’s been around eight years in the making – and, after an in-depth review by some of the country’s leading legal luminaries, 2017 looks to be the year the much-anticipated overhaul of trust law will finally make it to Parliament in Bill form.
I think it’s early enough that “resolution” has yet to become a dirty word … so if I could choose for every single adult one vow for the coming year, very high on my list would be getting your affairs in order.
As we begin to look at 2016, the year that was, Clayton v Clayton will go down in the history books as one of the most significant legal happenings of the year - and one of the most defining cases in New Zealand relationship property and trust law history.
As they say, prevention tends to be better than the cure, so let’s take a look at one of the most pragmatic preventative legal measures you can take to safeguard your future – robust asset protection.
