Janet Zuccoa
speaker
217 appearances
1 recordings
1 series
first heard Dec 2025
last heard 21 Dec
Janet Zuccoa’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Dec 2025 with 1.
Appearances
Establishing the trust.
is really a matter of process and can be very easy.
But the terms of the trust deed need to fit the circumstances of what we're dealing with and what we think we're going to be dealing with in the future.
Most trusts that we establish at New Zealand Family Trust Services are discretionary trusts.
And so what that means is that trustees have quite wide powers and beneficiaries are entitled only to be considered.
They're not entitled as a right of anything.
But there's lots of different types of trust, Tim.
Well, that's devious.
Well, even in discretionary trust, beneficiaries can band together to bring the trust to an end.
So all the beneficiaries can band together if they wanted to, and they can use the Trust Act as a mechanism.
They could apply to the courts.
In fact, I was having this conversation with a gentleman earlier this week about that very point.
Well, no.
What they had got themselves involved in is a trust.
Their mother had had the trust, actually.
And they had three individuals, independent trustees.
An independent trustee is someone who's not a beneficiary, again, in layman terms, to explain that.
And so these three professionals were, of course, doing things that the beneficiary, which he was, was not very happy about.
And my advice to that was really try and call a meeting with the trustees to understand what they're doing and why they're doing that and get some communication going.
I think the beneficiary thought that the way they were acting was costing a lot of money.
Showing 81–100 of 217 · page 5 of 11
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