OTHER SERVICES

While we specialise in all property-related legal matters, we also have lawyers on hand with expertise in the following areas:

Purchase and Sale of Businesses

Buying or selling a business can be an incredibly exciting prospect.  However, it can be fraught with some anxiety and uncertainty and there are a lot of details to consider. Involving your lawyer (and accountant) as early as possible in the process will streamline the process and help avoid issues and problems arising later.

Please contact us to discuss your requirements or if you have any preliminary questions.

Subdivision

Having a good surveyor and a good lawyer makes the process of subdivision a lot less stressful and can also save time and money. If you would like to discuss your particular circumstances with us, please don’t hesitate to contact us.

Trusts

Family trusts continue to be a very popular means of protecting assets in New Zealand. In fact, New Zealand has one of the highest number of family trusts per capita of any country in the world.

It need not be an expensive process however whether it is worthwhile for you to set up a trust will depend on your particular circumstances. Please feel free to contact us directly to discuss your options.

Wills

Although preparing a Will is low on most people’s activity wish list, it is an important document to sort out.  If you do not have a current, up to date Will we recommend that you make one as soon as possible.  A Will can often be inexpensively prepared in conjunction with completing another type of transaction such as a house purchase.

Relationship Property matters

You may have heard about the laws which govern the division of assets in the event of relationship break up.  The general rule at law is that all assets owned by the couple (even if they were acquired before the relationship) will be divided equally between the parties.  This applies to both married and de facto couples.

Couples can choose to opt out of this law during their relationship, and can stipulate their own terms of how property will be divided in the event their relationship breaks down in the future.  Whether you consider this to be a good idea or possibly unromantic, social structures have changed over the years when it comes to relationships and families. In this day and age, there are many different reasons why it may be appropriate for couples to opt for clarity in terms of their respective assets, particularly in the event of purchasing property. This can be achieved by entering into what is known as a contracting-out agreement (the modern name for what used to be called a pre-nuptial agreement).

Please note, there are very strict legal requirements around such agreements which require both parties to seek independent legal advice before entering into a contracting-out agreement.  Otherwise the agreement will not be enforceable or legally binding.  We can help you with this.

If you would like to discuss your relationship property requirements, please do not hesitate to contact us.

DISCLAIMER: This information is given as a guide only. All information in this website is to author’s knowledge true and accurate. No liability is assumed by the authors, or publishers, for any losses suffered by any person relying directly or indirectly upon the information contained in this website. It is recommended that you consult a representative of The Property Practice Ltd before acting upon this information.