Educating clients to protect and preserve their assets.
A Comprehensive Approach
The reasons for, and expectations of, a trust are as varied as the individuals who seek to establish them. What doesn’t change is the need for trustworthy and legally compliant advice.
It is easy to be overwhelmed by the decision to form and run a trust. New Zealand Foreign Trust Services walks you through the decisions and works with you to see your wishes fulfilled.
Throughout the trust’s life, all information is provided in a timely, cost-effective manner – in easy to follow language, backed with impartial advice from our expert team.
During years of experience, we have established a detailed process for effectively structuring and maintaining a successful New Zealand foreign trust.
It’s sufficient to say that our process creates a trust vehicle, which offers a high degree of confidentiality.
If asset protection is the long-term goal, ongoing legal compliance is the mechanism.
The administration + review process
With any trust the administration process is paramount. Indeed, it’s well documented that many trusts suffer when they fall short of what is seen to be absolutely necessary in the administration space.
Having reviewed many trusts over the years we have adopted a robust and proactive administration system to ensure that the trust remains ‘compliant’ throughout the lifetime of the trust.
Just as the administration of your trust is vitally important, so is the annual review process. If a disciplined and holistic review is not undertaken, the trust may lose sight of evolving requirements, or – at worst – risk being deemed non-compliant.
Legal compliance can only be achieved through a combination of careful structuring and diligent record keeping. The annual review will examine records of the trusts’ activities, documents, performance, new assets, inheritances, fund distributions, continuing structural relevance, and future strategy.
The review process is usually synonymous with annual trustee meetings. Both are a great pleasure for us, as this ensures everyone involved in the trust has the opportunity to focus on its success.
If you want maximum benefits from a New Zealand foreign trust, Jonathan Cron on +64 27 432 0875 or email us.
Your privacy and our security procedures uphold our reputation
Trusts can help consolidate widely dispersed assets.
Trusts can significantly mitigate complexities for international estates.
Trusts help keep your private and family assets safe from business risk and other attacks.
Trusts enable you to pass family wealth smoothly from one generation to the next.
“The reasons for, and expectations of, a trust are as varied as the individuals who seek to establish them. What doesn’t change is the need for trustworthy and legally compliant advice for the trust to remain relevant.”
– Penny Cron