Anyone who has already done so, or is considering setting up a family or business trust, will find that every page in this book highlights another caution for the unwary as to what could potentially be their own financial can of worms one day should their trust ever be challenged by beneficiaries or Inland Revenue. Trusts-A Kiwi Sham? contains especially valuable information for anyone operating as a trustee for someone else. This concerns a large percentage of the population and is no longer only limited to old and exceptionally wealthy families either. Mark Maxwell has developed an educational approach designed to share his wealth of knowledge about an area that is continuing to grow rapidly and in his opinion, needs to become highly specialised in by professional advisors. You'll enjoy checking your own lists of things to do and talking to your professional financial and legal advisors about with the use of checklists and summaries at the end of each chapter. This book is not only incredibly valuable in terms of understanding the jargon and responsibilities for trusts and trustees, but also for those who wish to review an existing trust and other aspects of their wealth creation and protection strategies.
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