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  • NZ Property Investor

    TRUSTS: BLUFFING JUST GOT HARDER

    Jul 30, 2020 3 minutes
    MARK WITHERS

    I have been genuinely surprised recently by the number of baby boomers who are seemingly considering winding their trusts up as they move into retirement. Often stating they “don’t need them anymore” or are tired of the administration and the cost of it.

    Admittedly, the new Trusts Act 2019 is a reason to take stock - and soon - but it is not necessarily a reason in and of itself, to wind up your trust.

    How quickly

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