The number of retirement villages is only likely to increase to accommodate our ageing population. Retirement villages are an attractive option because they can offer a good balance between living independently and having access to support and healthcare. Villages comprise independent living options in a townhouse, villa or apartment, and (as needs increase) serviced apartments,… Read More.

If you’re looking forward to spending less time in your business and more on enjoying your life as you head towards retirement, then you’re not alone. Like many of our clients, you’re of the baby-boomer generation who have worked hard for decades to generate income and now want to sell your business or plan the… Read More.

Statutes Amendment Act 2016 The Statutes Amendment Act 2016 amending the Protection of Personal and Property Rights Act 1988 (‘PPPR Act’) received Royal Assent on 16 December 2016. The amendments to the PPPR Act will come into force 90 days following Royal Assent, on 16 March 2017. The Protection of Personal and Property Rights (Enduring… Read More.

[Winter 2014] Although gift duty has been abolished and it is no longer a requirement for gifting documents to be filed with the Inland Revenue Department, it is still necessary to properly record and document any gifts that are made. Unless this is done, if you have been carrying out a gifting programme, any balance… Read More.

[Summer 2015] One of the difficult decisions a family may consider is whether to set up a family trust. This article looks at the advantages and disadvantages of family trusts. What is a Trust? A trust exists whenever one person, a settlor, gives property to another person, a trustee, to hold for the benefit of… Read More.

[Summer 2016] Many people who are nearing, or who have reached retirement, make a lifestyle choice to live in a retirement village. A retirement village offers a good balance between living independently and having access to support if necessary. The Retirement Villages Act 2003 (the Act) was introduced particularly to protect the interests of residents… Read More.

[Autumn 2011] They say, ‘where there’s a will, there’s a way’. But, if there isn’t a Will, there isn’t a way to ensure your property is disposed of in accordance with your wishes when you die. If a person dies without a Will (intestate) the rules under the Administration Act 1969 are imposed. These effectively… Read More.

[Autumn 2014] Often confused as being one and the same, there are some important differences you should be aware of before implementing either a Power of Attorney (‘POA’), or an Enduring Power of Attorney (‘EPA’). EPA There are two types of EPA. Personal Care and Welfare: This allows the Donor (the person giving the EPA)… Read More.