The importance of Wills and Enduring Powers of Attorney

The importance of Wills and Enduring Powers of Attorney

Having enduring powers of attorney and a will in place is important for every adult whatever their age. A will is a legal document that lets you decide how you want your property, care for your dependants (partner, children etc.) and your body to be dealt with after you die. EPAs allow you to appoint a trusted person(s) to make decisions on your behalf regarding your property and health when you are unable to do so yourself, during your lifetime.

Read More

An overview of Domestic Violence Leave

An overview of Domestic Violence Leave

As of 1 April 2019, the Domestic Violence – Victims' Protection Act 2018 came into force and is applicable for employers and employees all around New Zealand. Similar to an employee’s rights to take bereavement or sick leave in a 12-month working period, the Act allows employees who are victims of domestic violence to take up to 10 days leave a year in order to deal with and attend to the effects of domestic violence abuse that they have faced.

Read More

Under what circumstances should you form a Trust

Under what circumstances should you form a Trust

There are a number of circumstances under which you should consider forming a trust. Some of the common purposes of a trust, and the structures utilised, will be discussed in this article. A trust is managed by trustees who are appointed by the creator of the trust (called the settlor(s)). Trustees manage the assets and debts of the trust for the beneficiaries specified by the settlor(s).

Read More

Different way titles are held – Crosslease, fee simple, stratum in freehold, leasehold

Different way titles are held – Crosslease, fee simple, stratum in freehold, leasehold

A title is a way to record the land and properties information, such as lot numbers, how big the section is, whether there are any covenants, easements or caveats registered against the title etc. There are several ways that titles can be held for land. Please note that the types of titles include, but are not limited to crosslease, fee simple, stratum in freehold, stratum in leasehold, and leasehold.

Read More

How to give a tenant notice and what to do if a tenant misses their rent

How to give a tenant notice and what to do if a tenant misses their rent

There are two types of tenancy agreements which a landlord and tenant can enter into: periodic or fixed term tenancy. Both have different notice periods required. Unpaid and late payment of rent is a breach of the tenancy agreement and the Residential Tenancies Act. It is always best to first contact the tenant, and notify them that a rent payment has been missed.

Read More

Rural Leases

Rural Leases

A rural lease is a legally binding document which governs the relationship between the landlord and the tenant for the use of rural land. Often rural leases are entered into as a gentleman’s agreement with a handshake to seal the deal. This works fine until something goes wrong and/or there is a disagreement between the landlord and the tenant. It is always best to discuss and put in place a written lease when both parties are on good terms rather than in the middle of a dispute.

Read More

Relationship Property

Relationship Property

The division of relationship property is regulated by the Property (Relationship) Act, the intention of which is to recognise fair division of the relationship property at the end of a relationship. There is a presumption of equal 50/50 division, unless this can be disputed or there are certain mitigating factors. Factors such as the length of the relationship, any dependent children and economic advantage and disadvantage may be considered.

Read More