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New Trust Law to Guarantee Transparency in your Trust

Published on 26/11/2020
For centuries, trust law in New Zealand has been taken from many sources, including the Trustee Act 1956, and court decisions. But 2021 will bring trust law reform, whereby trust law will be contained in one statute, the Trusts Act 2019 (“the Act”). The Act, which...

Lessons Learnt in Estate and Succession Planning

Published on 25/11/2019
It is critical that you consider and plan for what happens after you pass away. A death in the family is a stressful event for the remaining family members, and if the deceased person does not have an effective and resilient estate plan in place, the...

Keeping Farming in the Family – a retrospective by Ian Blackman (published in the Dairy Exporter)

Published on 09/01/2019
It has been nearly eight years since I first published my book Keeping Farming in the Family - a guide to farm succession. I wrote the book for the farming community because there was a lack of information in the sector regarding this important topic...

Succession Planning – Trust or Company

Published on 12/10/2016
Read Ian Blackman’s article published in the latest Dairy Exporter regarding the importance of starting your succession plan now and having the right structure Succession Planning – Trust or Company?

The Good, the Bad and the Ugly of Trusts and Legal Structures by Chris Spargo

Published on 04/08/2016
On 22 June, I spoke at the Bay of Plenty Young Fruit Growers competition at Mills Reef Winery. This was our first year sponsoring this event and I enjoyed our involvement of supporting another rural industry that is important to our economy and New Zealand. The...

Planning ahead reaffirms farming future

Published on 01/06/2016
Ian Blackman’s article in the Coast & Country regarding planning for the future...

Farm Succession – The elephant in the room

Published on 10/03/2016
Ian Blackman, along with eight other rural professionals from around the country, was part of a roundtable discussion on succession, instigated by MyMilk. Read the recent Dairy Exporter article on farm succession: The Elephant in the Room For more information go to the farm succession website and download the...

Farmers advised on succession planning

Published on 07/08/2015
Ian Blackman recently spoke to farmers in Gore as part of Beef and Lamb New Zealand’s winter seminars. See the attached article on Radio New Zealand News

Farm Succession Best Done in Company

Published on 07/08/2015
Ian Blackman spoke at a recent Beef + Lamb NZ seminar on farm succession in Gore. Read this article published in the Rural News on 4 August regarding Farm Succession:

We can help you with farm succession

Published on 29/07/2015
An interesting article outlining the need to get the right advice...

Risk Management

Published on 20/07/2015
Have you thought about what would happen to your farm business and family if you die or become incapacitated? Would the farming operation be sustainable without you? Would the business need to be sold to repay your debts? Would there be adequate income to support...

Ian Blackman’s book – Keeping Farming in the Family

Published on 25/02/2014
In December 2011, I wrote a book called “Keeping Farming in the Family – a guide to farm succession”. My motivation for committing a lot of time and effort to this venture was a compelling desire to help farming families understand how farmland in this...

Independent trustees deemed to have the same intention of the other trustees, even if that intention was unknown

Published on 20/02/2014
A topic of continual interest and discussion is the use of the family trusts in New Zealand to undertake business transactions. Such trusts are commonly referred to as trading trusts. A likely outcome of the New Zealand Law Commission’s review of trusts are higher standards to...

Keeping Farming in the Family – A guide to succession planning

Published on 20/01/2013
Over a year has passed since Ian Blackman published his guide to farm succession “Keeping Farming in the Family”. In that time the book has proven to be an indispensable guide for farming families who are interested in creating a workable succession plan. This easy-to-read book...

The Trust Service – Comprehensive Planning

Published on 20/10/2012
BlackmanSpargo has developed a Trust Service which will focus exclusively on trust administration. It is important that trustees' manage the trust properly to ensure compliance with their duties as trustees. This includes meeting with the trustees on a regular basis to review the trust. For trusts with...

Trust Administration and Management

Published on 23/09/2012
Ian speaks about the importance of trust management and administration and planning for the trust, the family and business. Please contact our Trust Service Manager on 07 343 1624 for further information.

Ian Blackman on Farm Succession Planning on Radio New Zealand

Published on 01/09/2012
Ian Blackman was invited to speak about farming succession planning on the radioshow "Nine to Noon" on Radio New Zealand. Please press play and move the dot slightly forward to listen to the recording...

Trust Service

Published on 21/08/2012
You should know that the Government is presently undertaking a full-scale review of the law of trusts. Our firm is closely following the review and we anticipate several law changes. The anticipated law changes are likely to include regulations to ensure that trusts are better...

Trust Administration Best Practice

Published on 21/09/2010
Elise Connor, legal executive and one of our experts on the day-to-day mechanics of trust administration, attended a seminar on trust administration presented by Dean Purdue. Dean, who is based in Gisborne, has been presenting on issues around trust administration and farm succession for many years...

New Book on Succession Planning

Published on 05/09/2010
Ian Blackman has completed the final draft of a book written for farmers on the complex and problematic topic of succession planning.

Succession Planning for Dairy Farmers

Published on 03/02/2010
My experience of succession planning is almost exclusively limited to the rural sector, and particularly the dairy industry. In the rural sector, the term succession planning refers to the process by which farm assets transfer to the next generation...

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