Protecting your assets with a family trust

Protecting your assets with a family trust

Paula Lines from The Law Shop explains that this risk can be enough to put some people off having their own business and that this is where setting up a trust can be useful. “If a trust owns your family home, and there is no debt back to you, the house is likely to be...
Keys steps to starting your own business

Keys steps to starting your own business

If you’re starting a business this year, there will be a lot to think about. Are you starting from scratch, or do you want to buy an existing business or a franchise? Buying a business gives you a known name, some structure, and a client base. Starting a brand-new...
The Best Start for a Business Partnership

The Best Start for a Business Partnership

Paula Lines, director at The Law Shop, explains that creating the partnership or shareholders agreement and setting up the proper structure for the partnership are the two most important steps in the process. She says it’s about understanding the mechanics of how your...
Protecting NZ from “dirty” money

Protecting NZ from “dirty” money

The AML/CFT Act applies to banks, casinos, financial institutions and some trust and company service providers. If you’ve tried to open a bank account or get a loan in recent years, you’ve been asked to provide certain identification and proof of address as well as...