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About the book
  • Published: 3 November 2020
  • ISBN: 9780143775300
  • Imprint: Random House NZ
  • Format: Paperback
  • Pages: 240
  • RRP: $32.99

Family Trusts - Revised and Updated

The Must-Have New Zealand Guide

Formats & editions

With a major law change in early 2021, all people who have formed trusts will need to bring the management of their trusts into line with the new legislation. Find out how!

In 2021, The Trusts Act 2019 comes into force. This is the first major trust law reform in New Zealand in 70 years. Many of the key changes are aimed at making trust law more accessible to both lawyers and the public, strengthening the ability of beneficiaries to hold trustees to account.

Anyone involved in a family trust will need to find out about the changes introduced by this new Act. Many will choose to wind up the trust, and those that keep them will need to change how they manage them, so this book is an essential tool.

A family trust offers you the benefits, use and control of your assets. Clear and straight-forward, and aimed at the layperson, Family Trusts includes up-to-date advice by New Zealand's leading financial writer, with real-life examples and answers to commonly asked questions throughout.

This book has sold well over 120,000 copies since it was first published and is an essential book for anyone curious about family trusts or involved with a trust.

‘In my experience, 75 per cent of family trusts in New Zealand are so badly arranged or managed that they could easily be attacked and overturned in court... managing a trust badly is a bit like insuring the contents of your house but then going on holiday and leaving the doors wide open,’ says Martin Hawes.

This is the one book anyone involved with a family trust should own.

  • Pub date: 3 November 2020
  • ISBN: 9780143775300
  • Imprint: Random House NZ
  • Format: Paperback
  • Pages: 240
  • RRP: $32.99

About the Author

Martin Hawes

Martin Hawes is New Zealand’s most widely-known and trusted finance adviser and writer, whose many successful financial and investment books are written for the layperson.

His book Family Trusts has sold well over 100,000 copies. He is a popular media figure, seminar presenter and keynote speaker. An authorised financial adviser, Martin and his partner, Joan Baker, run wealth coaching for individuals and couples.

In addition, he holds a small number of independent, non-executive directorships. Hawes writes a column for the Sunday Star Times and does a weekly piece on Radio Live with Duncan Garner. He has previously written for the National Business Review, The New Zealand Listener, the Accountants' Journal, North & South, The New Zealand Herald and the Herald on Sunday.

His television appearances include presenting the nightly programme Financial Secrets, and as an expert presenter on The School of Home Truths, both of which screened on TV One. See his personal website at www.martinhawes.com.

Hawes’s bestselling books encompass long-term life planning, maximising financial potential in the earning years, and knowing the ins and outs of the various players and products of the finance industry. Down-to-earth advice is illustrated by practical example, in helping Baby Boomers and future generations prepare for financially secure and personally enriched retirement years.

Amanda Morrell, writing for interest.co.nz, praised Hawes’s direct and accessible approach, writing: ‘As a book geared to general audiences, you won't find the usual financial jargon and intimidating equations for wealth creation. Instead, Hawes works with the basics and impresses upon readers the importance of the building blocks as a means to reaching one's goals.’

Hawes’s titles include: Letters to Aston — lessons learned from a lifetime of investment; Investing for Twenty Good Summers; The School of Home Truths; Financial Secrets: The Guide to Everyday Finances; Shares — seven ways to beat the market; Eight Secrets of Investment Success; Five Ways to Save More Money on Your Mortgage; Successful Super — your money life-line to financial freedom; Save Money on Your Mortgage; Property Investment — a strategy for success; Family Trusts — a New Zealand guide; The NZ Investment Guide; and The Money Map.

Martin lives in Queenstown and in his spare time enjoys rock climbing, mountaineering, cycling, fishing and skiing.

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