Corelegal

Inter vivos gifts, transfers of property made during one's lifetime, hold significant implications for estate planning. Let's delve into what they entail and how they affect your estate.

When Joan and May, a mother-daughter duo, decided to purchase a property together, they overlooked signing a property sharing agreement due to time constraints. However, unforeseen events unfolded later, leading to legal complexities and disputes.

Before committing to a Contracting Out Agreement, couples sharing properties should prioritize thorough due diligence. This step is crucial for ensuring the agreement's effectiveness and avoiding potential pitfalls down the road.

A Will stands as a crucial document, yet discussing death remains uncomfortable for many. When someone passes without a Will, they are deemed "intestate," posing financial and emotional strains on grieving loved ones.

Being served with court proceedings can be overwhelming and stressful. Seeking early legal advice is crucial to understanding your options and any relevant timeframes.

In light of ongoing economic challenges and the looming prospect of a recession, many New Zealand employers may find themselves contemplating restructures. While redundancies can be a consequence, they need not always be the outcome.

Experiencing a separation can be emotionally challenging, and seeking early legal guidance from a family lawyer can significantly ease the process.

As family dynamics evolve, and relationships become more complex, many individuals face tough decisions when creating their Will.

So, your business is skyrocketing, growing faster than you ever imagined. But with this success comes potential pitfalls if you don't navigate the expansion carefully.

The distribution of assets in a will can sometimes create tension between the desires of the deceased, as expressed in their will, and the need for fairness towards close family members, particularly children.