Trusts – getting the administration right
If you have a family trust, it is very important that it is run and administered properly. This means not treating the trust’s assets as if they still belong to you, but recognising that ownership of those assets is held by the trustees for the benefit of the trust’s beneficiaries.… Read More
How not to evict a tenant…
The rules that apply when you evict a tenant are tricky. If you get it wrong it can cost you dearly, as this landlord found out.… Read More
Becoming a company director – pause for thought
It is fundamental for anyone asked to accept an appointment as a director that they understand the duties, responsibilities, risks and liabilities involved.… Read More
Debt collecting 101: register a security interest over goods you sell on credit
When selling goods and services on credit you are taking on a huge risk and it is important to do everything you can to get paid.… Read More
Have you been “interrupted”?
The recent Christchurch earthquakes have thrown the spotlight on insurance and many business owners have been caught short with inadequate business interruption insurance.… Read More
How much should you pay at a mortgagee sale?
You should not pay full price when you buy a property at a mortgagee sale. There are major differences that apply to these contracts and the price should reflect that.… Read More
Is my business doomed, or is there a lifeline?
When a business finds itself in trouble the immediate questions which arise are “can the business be saved?”, and from the owner’s perspective, “how much am I going to lose?”… Read More
Is your land title limited as to parcels? Where is your boundary?
In New Zealand we have an expectation that the boundaries of land we own are precisely defined. Generally that is the case.… Read More
Fed up with noisy neighbours?
Having noisy neighbours is a real problem. Read on to find out what steps you can take to put a stop to excessive noise created by your neighbours.… Read More
You should sort out unpaid fines
People with unpaid fines are appearing in Court in this country every week, facing the prospect of jail time if a satisfactory arrangement is not made to pay the fine.… Read More
Thinking of a retirement village?
As you become older, your residential living needs change, and moving may become necessary. There are four general types of residential arrangements that you can consider.… Read More
Death and the trustee
Many thousands of people are executors and/or trustees of their friend’s or family member’s will but what does this mean and what does it involve?… Read More