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Trusts used to hide assets from children or spouses targeted in new law shake-up

Jane Phare
By
Senior journalist, NZ Herald·NZ Herald·
12 mins to read


The days of hiding assets in trusts to stop children inheriting or ex-spouses from claiming relationship property are numbered as a result of changes proposed by the Law Commission. Jane Phare reports on what's in store for New Zealand's inheritance laws.

Trusts may be rendered useless in terms of keeping property out of the hands of spouses and children if recommendations by the Law Commission are adopted by the Government.

Parents who dislike their children, or are estranged from them

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