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Janet Xuccoa: Family Trust Services Managing Director on the Govt making it easier to sell property held in a family trust

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Manage episode 493353696 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

A view that current family trust laws have too much red tape.

The Government's making it easier to sell property held in a family trust in its latest revamp of anti-money laundering policies.

It means realtors won't need to collect extensive information about a trust's history to make a sale.

Family Trust Services' managing director, Janet Xuccoa told Heather du Plessis-Allan people have to provide the same information to realtors, lawyers, and accountants.

She says the changes are a relief to most providers, as the legislation is complex, time-consuming, and repetitive.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7398 episodes

Artwork
iconShare
 
Manage episode 493353696 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

A view that current family trust laws have too much red tape.

The Government's making it easier to sell property held in a family trust in its latest revamp of anti-money laundering policies.

It means realtors won't need to collect extensive information about a trust's history to make a sale.

Family Trust Services' managing director, Janet Xuccoa told Heather du Plessis-Allan people have to provide the same information to realtors, lawyers, and accountants.

She says the changes are a relief to most providers, as the legislation is complex, time-consuming, and repetitive.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7398 episodes

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