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Entries from November 2009

Trusts

November 30th, 2009 · No Comments · Uncategorized

What are the essentials of a Trust;
* Settlor
* Assets
* Trust deed document
* Trustees
* Beneficiaries.
The Settlor must be over the age of 20. It can also be a Company or another Trust, and you can have more than one Settlor.
Trustees can be anyone who can own property.  Trustees are given a big responsibility and must ensure [...]

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Trusts

November 23rd, 2009 · No Comments · Uncategorized

Trusts - a Trust deed is a legal document creating a relationship between a person who places assets under the control of a Trust for the benefit of people or for specific reasons. The person placing assets in the trust are known as the Settlor, the control of the assets under the trust are known as the [...]

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Rotorua’s person of the Year

November 19th, 2009 · No Comments · Uncategorized

Congratulations to Steve McGuire on this recent award. To find Rotorua’s Person of the Year, Classic Hits took nominations from the Rotorua Public and then got the stations listeners to vote fo the person who they think made the biggest contribution to the Rotorua community in 2009. Several leading members of the community were nominated, [...]

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Real Estate Agents Act 2008

November 15th, 2009 · No Comments · Uncategorized

The Real Estate Agents Act of 2008 has implications for Real Estate agents and professionals throughout New Zealand - to find out what effect the introduction on the 17th of November of the Real Estate Agents Act has on you - read this!

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Buying a Business

November 12th, 2009 · No Comments · Uncategorized

The last blog on this matter:
If there are licences to operate, or possibly a government consent involved the Agreement should provide provision for the licence to be current and transferred upon settlement so you as the Purchaser can continue to trade.
You should also ensure the Agreement provides provision for the Vendor to remain for a [...]

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