General Costs
To provide you with an indication as to the costs involved with handling your gifting documentation, our estimated yearly fees
Acknowledgement Of Debt
The transfer of your home (and/or other property) to the Trust essentially involves you personally providing the Trust with funds
Forgiveness Of Debt
As discussed above, while the Trust owes you money for the purchase of your family home (or other property), the
Gift Statement
The Gift Statement was an IRD required document that provided them with the details of your gifting programme. In the
Gifting as from 01 October 2011
On 17 August 2011, Parliament passed legislation that abolishes Gift Duty on GIFTS made after 1 October 2011. This is
Gifting and Debt Structure
DEBT STRUCTURE – A SUBTLE BUT IMPORTANT DIFFERENCEIf you are considering implementing a FAMILY TRUST for your personal residence, it
Lump Sum vs. Progressive Gifting
Under the legislation effective before 1 October 2011, for a New Zealander, if you have provided GIFTS to people or
Gifting and Rest Home Subsidies
WHAT IS THE RELATIONSHIP BETWEEN GIFTING AND REST HOME SUBSIDIES?The Ministry of Social Development which administers rest home subsidy applications