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Trusts and Protection of Assets

By setting up a family trust, you no longer personally own the asset.  This may be useful for various reasons:
  • You may own a business and want to protect your family home.
  • Have specific money set aside for special reasons, such as your children or grandchildren's education.
  • Ensure your children, not their partners, keep their inheritances.
  • Protect assets from relationship property claims
  • Avoid family protection claims against your estate

However a trust is not for everyone and depends on your circumstances.  There are costs associated with forming a trust and ongoing administration.  Speak to one of our lawyers if this is an appropriate option for you.


Email: info@baylegal.co.nz
Phone:  06 870 3770
Fax:  06 870 3774

Bay Legal Limited
​301 Queen Street East
PO Box 11083
HASTINGS 4156
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  • Home
  • People
    • Lawyers
    • Support Staff
  • Areas of Law
    • Family Law
    • Family Legal Advice Service (FLAS)
    • Legal Aid
    • Relationship Property
    • Residential Property
    • Limited Licence
    • Trusts and Protection of Assets
    • Wills and Estates
  • About
    • Terms of Trade
  • Contact