GRA Blogs

Articles by The Professional Trustee Team

Family Trusts 101 Book

AUTHOR: The Professional Trustee Team

POSTED: 30 June 2010

I'M TELLING ALL!

After plenty of anxious moments and sleepless nights, I've done it. Yes, I have written a book. "Family Trusts 101" has finally been born.

Trusts are never easy creatures to understand but I think this book should help all New Zealanders comprehend the creation and administration of family trusts. In a way, it's a 'go to' book.

If you've ever been confused or frustrated about how a trust is supposed to operate or if you've ever wanted to know the in's and out's of a trust, then this book is a must read for you.

I've spent many days and months using my little grey cells to bring you a book written in plain English. It's an easy read, packed with great examples which will demonstrate the points I'm making.

You won't need any previous knowledge to understand this book as I've made a massive effort to ensure it won't bamboozle you with legal jargon. So a word of warning should be given. If you are looking for a concise legal text on equitable structures, coupled with judicial dictum and ratio decidendi, then this book is not for you!

If however you want a guide on trusts, which covers the following points, then you should seriously consider buying this book:

Happy reading everyone. How Trusts came to exist; What a Trust can do for you; Steps to take to place your assets into a Trust; What a gifting programme is; How Trustees should act; What a Professional Trustee can and should do for a Trust; Whether you need a Bank account; If financial statements should be prepared for the Trust; And so much more.

I really hope you love reading this book as much as I loved writing it.

Of course, this is the first of many books so any feedback you wish to give me would be much appreciated.

Request a Meeting

The Professional Trustee Team

09 522-7955

info@gra.co.nz

© Gilligan Rowe & Associates LP

Did you like this article? Subscribe to our newsletter to receive tips, updates and useful information to help you protect your assets and grow your net worth. We're expert accountants providing expert advice to clients in NZ and around the world.

Disclaimer: This article is intended to provide only a summary of the issues associated with the topics covered. It does not purport to be comprehensive nor to provide specific advice. No person should act in reliance on any statement contained within this article without first obtaining specific professional advice. If you require any further information or advice on any matter covered within this article, please contact the author.

Comments

Testimonials

Hi Matthew, my name is Mark Soster and I would just like to congratulate you on your wonderful book Property 101. A few weeks ago I had a "financial awakening" and began devouring all the books I could find on the subject, however I keep coming back to yours. After 3 reissues from the library I think it easier now just to buy it. Wonderfully simple yet complex enough to require multiple reads and note taking. It has taken a lot of the fear away with regards to property investment but also tempered me with caution. Without it I would probably have stupidly invested anywhere but Auckland, telling myself it’s too expensive, I now appreciate why would you invest anywhere else? The numbers never lie, in a 20 year plan then Auckland is King for capital gain. As a fan of maths (the only perfect thing on earth?) I can see how each opportunity can be ruthlessly examined on a purely financial level. Anyway, thanks again, I will definitely be contacting your company with regards to coaching and expertise. - Mark Soster - October 2017

We can help

Here's how

Investing in residential property?

Put this at the top of your reading list.

If you're investing in residential property, seeking to maximise your ability to succeed and minimise risk, then this is a 'must read'.

Matthew Gilligan provides a fresh look at residential property investment from an experienced investor’s viewpoint. Written in easy to understand language and including many case studies, Matthew explains the ins and outs of successful property investment.