New Zealand, in all probability, has more Family Trusts per head of population than any other jurisdiction in the world. Forming a Family Trust to own assets has its advantages, but it is important you understand the implications of doing so.
There is no such document as a “standard Trust” and you need to be aware of your rights and responsibilities as a Trustee. The Trust Deed must be prepared to reflect your personal circumstances and tailored to suit your wishes. We have significant experience in advising on the appropriateness of asset ownership by a Family Trust and the form the Trust Deed should take.