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Changes to family trust laws a "welcome relief" to providers

Author
Newstalk ZB,
Publish Date
Wed, 9 Jul 2025, 7:44am
 (Getty Images)
(Getty Images)

Changes to family trust laws a "welcome relief" to providers

Author
Newstalk ZB,
Publish Date
Wed, 9 Jul 2025, 7:44am

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. 

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