LAWYERS, ARE YOUR CLIENTS PREPARED FOR THE TRUSTS ACT 2019?
The new Trusts Act 2019 comes into force on January 30, 2021. We have developed a comprehensive and streamlined Trust Review Package which gives lawyers and trust advisers the tools needed to initiate and guide their clients through the process of determining whether your clients’ trusts are relevant and fit for purpose by deadline.
You may find a lot of clients decide to wind up their trusts as a result of initiating our process — we have created a convenient Winding Up Package that makes the process easy and efficient to execute.
WHAT IS INCLUDED?
Trust Review Package
- Suggested timing and workflow, with flow charts
- Client communication, from initial contact educating them on the changes to the law
- Do I Still Need a Trust? checklist that will determine how to proceed
- 35-page Trust Review Report template — including a summary of the changes to the law, library of variations you can select from and step-by-step review process
- Notes and suggestions
Winding Up Package
- Suggested workflow
- Deed of Capital Distribution, Indemnity and Appointment of Early Vesting Day
- Trustee resolutions
- Templated letters to the clients, independent trustee, beneficiaries, accountant, the bank, and the IRD
- Director and shareholder resolutions
- Waivers of independent legal advice
- Certificates of solvency
- Other necessary forms and documents including Solvency Certificates, Trustee Resolutions, Company Resolutions and Waivers
- Reporting letter and invoice to the client
Both packages are available as a white-labeled version or as templates through Actionstep. All materials have been created and completed by experienced Trust lawyers. The Deed of Capital Distribution, Indemnity and Appointment of Early Vesting Day and Trust Review Report have been independently reviewed by leading New Zealand trust lawyers.
Investment: You can own both the Trust Review Package and the Winding up Package for only $5,500 +GST.
To purchase or make further enquiries please contact Wendy Hampton at [email protected] or 021 413 126.
