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What is all the buzz about? 

With the swelling popularity of family trusts in New Zealand as a way of protecting your home, you may be asking yourself, "Why all the buzz about family trusts - haven't they been around forever?" Yes and no. While family trusts have always been available to the privileged few, new technology has made these trusts accessible to all online - at a fraction of the price. Never have Kiwis had an opportunity to fully protect their homes for inter-generational transfer at such a reasonable cost, and there's never been a better time to set up an online family trust.

No one knows the future

In a perfect world, there would be no need for a family trust because your hard-earned assets would go exactly where you wanted them to go and would pay for exactly what you wanted them to pay for - but no one lives in a perfect world. Let's say, just for example, you get hit by a bus tomorrow morning. It probably won't happen, but let's just suppose. If you are the main breadwinner in your household and you are injured, you could lose many of your principal assets and holdings to creditors and nervous lenders. But when your home is protected by a family trust, it is no longer yours. That way, you never have to worry about unwanted claims or creditors raiding your property.

Better to be safe than sorry

That's real relief for homeowners who fear their financial plans could be derailed by any of the following:

• An unwanted claim by the former spouse of a family member who has decided to seek his or her piece of the pie.
• A judgment against your business from a lawsuit alleging liability for negligence.
• Your financial future goes up in smoke when the taxman comes after unintentional tax debt.

Don't delay - Start your Trust today

A family home trust will safeguard your home, because you know longer own it - the trustees do. With the development of online trusts, setting up a family home trust costs about one-third of what it used to cost because, quite frankly, you don't have to pay for all the bricks and mortar. You just have to pay for the services you need. With a reputable website endorsed by industry experts you can now help yourself and protect your home and other assets.

Join www.trustus.co.nz today, they can also add wills and transfer life insurance assets into the family home trust, thus tailoring to your family's needs and creating a stronger asset protection plan for you.

Its in your hands.