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With New Zealand’s over-heated property market, which is seeing $1m+ average house prices in Auckland, it’s harder than ever for new generations to get onto the property ladder. A lot of families are having to be creative, which is seeing more and more children turning to their parents for help.
Meet Art and Matilda, a young couple who are keen to buy their first home together. They have cut back on extravagances and have been saving hard, but don’t quite
We live in a fast paced world, with a focus on today and the very near future. Which is why people rarely think seriously about their Will. We’re invincible and there will be a long term, right? Formalising your last wishes shouldn’t be an afterthought because anything can happen.
Let’s meet William. He’s 29 and loves to travel and surf. He has an amazing surfboard collection, and has been saving for a house. He also has $25,000 in his KiwiSaver
Companies are often formed by equal-share partners with a shared vision for their business. But when serious disagreements arise, such as over the future strategic direction of the company, that initial confidence and optimism quickly turns sour, resulting in a Mexican standoff. In legal circles this is known as a “deadlock”.
What is a deadlock?
Deadlocks arise where shareholders have equal voting rights and the right to appoint an equal number of directors to the board of a company. (A
There are risks associated with the different ways you structure your business. Knowing the best option for you, along with the ways to protect your business name from being used by other companies or entities is the topic of this post.
What is a Company Name?
Company names are names of businesses registered at the Companies Office pursuant to Part 4 of the Companies Act 1993 (“the Companies Act”). If you wish to limit the liability of the business’