Published November 11, 2016
Justice Minister Amy Adams yesterday released draft legislation for a new Trusts Bill for New Zealand.
The draft Bill is the next stage in the review of trust law in New Zealand and builds on the initial recommendations made by the Law Commission in 2013.
The intent behind the draft Trusts Bill is to make trust law easier to understand and more accessible for settlors, trustees and beneficiaries.
The Minister’s statement explains the proposed improvements include:
You can access a copy of:
Submissions close at 5 pm on 21 December 2016.
Get your Free 127 page Trustee Guide!
21 trust experts share their best strategies to help trustees plan and manage their trusts.
PLUS: We’ll keep in touch with tips & insights on good trustee practice.
© Trustee Support Ltd 2017. All rights reserved.