Have you made a Will? Is it current?
Every Kiwi should have a Will if they have more than $15,000 worth of assets. Have you an Enduring Power of Attorney (EPA) for your property? For your personal care and welfare? This enables a named person to look after your affairs if you can’t. Memorandum of Wishes (MOW) - this is essentially a private document that the settlor can advise trustees of their wishes for the trust fund following the settlors death. This is very separate to a persons Will and can be a handwritten note attached to your will. Family Trust—An entity that holds specific assets, like your home a for future generations. Business Trust—An entity that holds business assets and may also help to protect against creditor claims. While we can’t prepare your Will or EPA’s, we can definitely assist you with your MOW and Trusts.
Contact your Manager or Diana for further information.
