The new Trusts Act 2019 is coming into effect on 30 January 2021. The Act modernises the Trustee Act 1956 and incorporates the case law which has developed over the last 64-odd years. The new Act is also a bit easier to read. If you follow this link you will see what we mean: Trusts Act 2019 - www.legislation.govt.nz.
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It is important to have someone to rely on in difficult and challenging times. More importantly, the person you rely on should be someone you have chosen. Enduring Powers of Attorney (EPOAs) enable you to nominate trusted attorneys to make decisions on your behalf in relation to your property (not including Trust property), and your care and welfare. To be clear, you can appoint any person you choose to be your attorney – in this case “attorney” does not mean “lawyer”.
Mackenzie Elvin Law is proud to be supporting the 2020 Acorn Foundation Wills Month this September. During September, we will be waiving the fee for a simple change to an existing Will for clients who would like to include a bequest, however big or small, to the Acorn Foundation. To find out more about the great work that the Acorn Foundation does for our community visit https://www.acornfoundation.org.nz/
The Government has recently injected another $40 million into the Regional Business Advisory Fund! If you have a small or medium sized business which has been impacted by Covid-19, you may qualify for funding to help pay for advisory services to ensure your business remains viable.
New legislation came into force on 1 July 2020 which changes when a party is allowed to have a lawyer acting for them in the Family Court. These changes undo some of the reforms that took place in 2014. Because of those reforms, there were only limited times when lawyers could act in the first steps in a parenting or guardianship proceeding, including filing applications. In particular, lawyers could not act in respect of applications that were filed “on notice”.
With the restrictions that were put in place due to Covid-19, and the introduction of the Wage Subsidy scheme, all aspects of employment law were tested and touched upon, as employers and employees alike attempted to navigate a new, and potentially uncertain market. Now, even though the restrictions have been lifted, a lot of uncertainty remains, and this article touches on a few key areas that both employers and employees alike need to be considering in the current climate.