Here is a copy of our latest newsletter.
This issue includes a look at The Government Communications Security Bureau Act 2003 (GCSB Act 2003), an overview of why you need a shareholders agreement when going into business, an examination of the Employment Relations Amendment bill and estate planning. To download this newsletter as a PDF, please click here.
The Wills Act 2007 sets out what you need to do to make a valid Will. The requirements are not complicated, but they are strict. Amongst other things, your Will must be dated, and be signed by the will-maker in the presence of two witnesses, who must also sign the Will. Each party must initial each page. Your witnesses must not benefit from the Will. What many people do not realise is that a perfectly valid Will is rendered invalid if you get married or enter into a civil union, unless the Will specifically states that it is made in contemplation of that marriage or civil union (Section 16, Wills Act 2007). Similarly, if a Will is made during a marriage or civil union and then the relationship is legally dissolved, some parts of your Will may then be invalid (Section19, Wills Act 2007).
Queen City Law has the expertise to recommend and put in place the best plan for each client. We will advise on the appropriate legal structures to be adopted where clients wish to protect their personal interests from their business risks and to preserve their assets for retirement or for their children.If you have questions about your will and estate planning don’t hesitate to contact the team at Queen City Law.