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...
The Environment With the economic downturn and many businesses still struggling to make ends meet, inevitably some businesses are still at risk of failing. In this environment, it is important for farmers to understand the risks associated with paying large deposits for goods or services. The Rationale So...
Ian Blackman and Chris Spargo were invited to present a paper on succession planning to the Beef and Lamb seminar at Te Kuiti. Over 50 people attended. As a result, the media has picked up the success of this seminar and reported on it. The article can...
The national statistics on safety in the workplace on farms are nothing short of appalling. It is a sobering fact that the number of deaths on farms in the last two years was greater than the loss of lives in the PikeRiver mining disaster. In the...
Employers can offer employment on a trial period of up to 90 days. During this trial period if an employee is dismissed, that employee cannot bring a personal grievance in respect of the dismissal. It is important that employers fully understand their obligations, to ensure that...
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...
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...
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. https://www.youtube.com/watch?v=yf0xBHf3pCA...
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. ...
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...