Articles

Welcome to the Sharp Tudhope Lawyers' blog. Here you will find  topical information and advice relating to a wide range of areas of law, written by our legal experts.

DUE DILIGENCE - WHAT IS IT AND WHY DOES IT MATTER?

For many people, due diligence is not a common phrase but it is something that every purchaser should consider if you are buying a commercial investment, residential property or business.
Written by Brooke Courtney at 00:00

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SOLD! BUT WILL MY PROPERTY PROFIT BE TAXED?

Buying and selling property has generated substantial income for many New Zealanders – especially in today’s booming housing market. If you buy residential property with the intention of selling and making a profit, that profit has always been taxable.
Written by Brooke Courtney at 15:00
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ARE YOU AN INDEPENDENT TRUSTEE? FOUR KEY THINGS YOU NEED TO KNOW!

Trustee Liability Many people forget that a trust is not a legal entity in its own right like a company - the trustees are the legal entity/owners of the trust property for the benefit of the beneficiaries. As such, trustees are personally liable for all liabilities incurred for the trust, including debts to third parties. This personal liability is subject to:
Written by Brooke Courtney at 11:00
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IS YOUR INHERITANCE PROTECTED?

Many people say “we don’t need a Contracting Out Agreement because we don’t own anything!” Assets like Kiwisaver or life insurance are often overlooked; and many people during the course of their lives receive an inheritance, which is worth protecting. Under the law, if you receive an inheritance while married or in a de facto relationship, it is your property and you are not legally bound to share it with your spouse or partner. Of course, in many cases, people choose to do so regardless. In other cases, your inheritance can become relationship property without you even realising it.
Written by Brooke Courtney, Karen Gravatt at 13:00

FIRST HOME BUYERS - KIWISAVER CHANGES YOU SHOULD KNOW ABOUT

Most first home buyers will be aware that you can withdraw Kiwisaver funds to apply towards your first home purchase. You should also be aware that changes on 1 April 2015 mean that you can get even more!
Written by Brooke Courtney at 15:00

YOUR GUIDE TO SUBDIVIDING

If you are planning to subdivide land, there are a number of complex and overlapping requirements you need to be aware of. Click the heading above to read more.
Written by Brooke Courtney at 09:00

THE TEN COMMANDMENTS FOR TRUSTEES

Are you a trustee of a trust or will? Are you aware of your duties under the law and the relevant trust document? If not, click the heading above to read more.
Written by Brooke Courtney at 09:00
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