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Winding up trusts

Winding up a trust means bringing a trust to an end.

Trusts can be wound up with the assistance of the court (Bell v Thomson)

References

  • Bell v Thomson [2014] NZHC 724

Discussion

2 thoughts on “Winding up trusts

  1. Can a family Trust be replaced by another Trust?

    Posted by Don & Doreen Coles | February 20, 2018, 7:02 pm
    • The starting point is to review the terms of the trust to establish whether it is permissible to transfee trust assets to another trust by way of distribution or pursuant to a power of resettlement. Legal advice is recommended.

      Posted by vickiammundsen | February 20, 2018, 8:30 pm

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