News & Insights

Estate Planning can have more twists and turns than a bobsledders training run, but without knowing the course ahead, those on the ride are likely to fall off and get hurt. In the 2nd part of this series, we explore some of the head-scratchers in planning for a desired, fair and equitable distribution of assets to beneficiaries on the passing of a loved one. Be sure to revisit part one of this series if not done so already, which you can find at this same site, and deals with some of the operational matters upfront.

We all know the phrase “there are three things that are certain in life – death, taxes, and chocolate fish don’t swim”. So, why are there limited instruction manuals about how to deal with the plethora of issues that arise after the death of a loved one? It’s certainly not an uplifting topic, but awareness around the unexpected housekeeping and estate planning in advance is always welcomed by those left in charge.

In line with the recent changes made to the Trust Act (2019) that came into force on 30 January 2021, the Inland Revenue Department has now published their operational statement (22/02) that sets out the reporting requirements for domestic trusts.

It was a full house for the last Business Excellence Network (BEN) Breakfast of the year on Tuesday 14 November.

Bellingham Wallace was very proud to help celebrate outstanding business success and community philanthropy on Thursday 9 November at the annual North Harbour Business Hall of Fame event held at The Spencer Hotel.