New Zealand has one of the highest rates of Family Trusts
per capita in the world. But a lot of these Trusts are not being
managed correctly which then impacts on the protection a Trust can
provide, particularly in the event of a relationship break
down/separation.
By Fiona McGeorge - 12 Jul 2018
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Building disputes can be very costly to resolve and cause
both parties a lot of stress. If a dispute arises before
construction is complete, building work is often suspended until
the dispute is resolved. This can cause delays and can put
unfinished work or materials on site at risk of damage. On
residential projects in particular, a homeowner will be very
invested and emotions can run high. Fortunately, there
are things all parties can put in place to help prevent
disputes.
By Meika McHardy - 4 Jul 2018
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Martelli McKegg proudly congratulates its dynamic duo Kiren
Narayanan and Terri Gough for winning the Auckland
regional final of the National Law Foundation young lawyers'
mooting competition.
By Andrew Steele - 3 Jul 2018
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From 1 July this year, we may be required to undertake due
diligence in order to comply with our obligations under the
Anti-Money Laundering and Countering Financing of Terrorism Act
(AML/CFT). The information required
(if any) will differ depending on the nature of your work and
your type of entity. We will need this information
prior to carrying out your instructions.
By Kay Keam - 21 Jun 2018
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It's no secret that New Zealanders love trusts. At its
simplest, a trust is a legal relationship where someone (the
settlor) gives property to another (the trustee) to look after it
and use if for the benefit of another person (the
beneficiary).
By Alden Ho - 21 Jun 2018
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If you are the father of a child, you may think that you
automatically have a say in your child's upbringing (such as
schooling, religion, where they live etc) however that may not be
the case. Legally you only get a say in your child's life if you
are their legal guardian.
By Surendra Bennett - 14 Jun 2018
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One of the lesser known policies of the current government was
the promise to consider the reintroduction of minimum redundancy
compensation for employees affected by restructuring.
By Claire Mansell - 7 Jun 2018
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Short of a registered mortgage or the property being
registered in a party's name as owner, a caveat remains one of the
most powerful tools for a party wanting to protect their security
interest or their proprietary interest in a property.
By Tony Johnson - 30 May 2018
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Recently, the Tenancy
Tribunal ruled that landlords can claim for the profits that a
tenant makes in illegally subleasing their rental premises,
especially for the purposes of an Airbnb rental. In this case, the
landlord discovered that his apartment had been rented out 46 times
over a six month period on Airbnb for approximately $249 per
night.
By Pierce Bedogni - 25 May 2018
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In their advancing years, many people come to rely on the
support, services and affection of others. Often this support is
not from family members. In such instances many people make or
imply promises that they will look after the service provider in
their will. The promises are more often than not made to secure the
benefits supplied, but can be made simply as a reward or 'gesture
of gratitude' for the services supplied.
By Andrew Steele - 18 May 2018
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