Most Kiwis think a trust will protect their assets in a break-up.But that’s not always true. In fact, without a relationship property agreement (a prenup), even your trust could be challenged in court.
In this episode, we break down the real risks of not having a prenup – including how one Kiwi lost his house, despite putting it in a trust – and explain how to put a contracting out agreement in place.
You’ll learn:
How NZ’s relationship property law really works – and when the 50/50 split kicks in
Why a trust doesn’t always protect your property after a breakup
How much prenups cost, and the life events that should trigger a review
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