Cover art for podcast NZ Guide To Financial Freedom

NZ Guide To Financial Freedom

301 EpisodesProduced by Ryan J Melton & Greg MoyleWebsite

Everything you need to know about business, money, and life. https://ryanjmelton.co.nz/

7:22

Quick Fire Finance - Is Your Trust Safe? / Greg Moyle

Very few people want to hear about finance but everyone should because if we collectively upskill as a nation, then all our lives could be considerably better. With that in mind, it’s with great pleasure that I introduce to you the first episode of Quick-Fire Finance. A series where we share as much value as we can muster in the shortest amount of time.  With the first question of the series:

“Being recently retired, with savings invested in a family trust, we’re concerned whether new trust laws coming in next year mean we will have to tell family members what they will inherit when we die.

Everyone isn’t getting the same (or even aware they’re getting nothing or anything in some cases) and we’re worried the new disclosure requirements will affect our relationships with family and friends.

If we have to tell them everything now and provide investment reports, we’re very tempted to leave everything to charity — which would be less stressful but not really what we want to do.

Can you help explain please? We’ve saved very hard during our working lives”

Source: NZ Herald 1 August 2020

Once again for those wanting their question answered on the podcast email me at ryan@oneplan.co.nz, send a voice message below or capitalise on our free online tools and advice:

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