Blog Archive
Protecting Your Assets with a Section 21 Agreement
For many New Zealanders, entering into a committed relationship also means combining financial lives. However, not everyone intends for all assets and wealth to be treated equally if the relationship later comes to an end. A Section 21 Agreement provides couples with the ability to make their own arrangements about property ownership and division, rather than relying on the default rules set out in law.
READ MOREProbate and Estate Administration in New Zealand: What Happens When Someone Dies?
When a person dies, their assets and debts need to be identified, managed and eventually distributed to the people who are entitled to them.
READ MOREHow to Buy Your First Home in New Zealand: A Step-by-Step Guide
If your incorporated society hasn’t yet discussed the Incorporated Societies Act 2022, now is the time.
READ MORERadhe Nand presents to Manurewa Seniors Network
A few weeks ago, Radhe Nand, Director at Patel Nand Legal, was invited to speak at the Manurewa Seniors Network. His presentation focused on helping attendees understand the importance of planning ahead when it comes to managing personal affairs, assets and future decision-making. The session covered key topics including wills, family trusts and enduring powers of attorney. Below is a summary of the key points discussed.
READ MOREHow to Use Your KiwiSaver in New Zealand: A Guide for First Home Buyers, Retirement, and More
KiwiSaver is a key part of financial planning for many New Zealanders. While it’s primarily designed to help you save for retirement, it can also be used to buy your first home or access funds during hardship. At Patel Nand Legal, we regularly assist clients with KiwiSaver-related matters, especially when property transactions are involved.
READ MOREWhy we require AML documents
Under New Zealand’s Anti-Money Laundering and Countering Financing of Terrorism Act 2009, law firms are legally required to verify the identity of certain clients before providing legal services. This process is known as Customer Due Diligence (CDD).
READ MORE