Multi-generational households in NZ increased by 49% from 1996 to 2013.
For parents and adult children who own a house together, a Property Sharing Agreement should be put in place. This will ensure that everyone knows where they stand, and avoid misunderstandings that could lead to conflict down the track.
December 13th, 2018
The division of relationship property is regulated by the Property Relationship Act. The purpose of the Act is to set out some rules for the fair division of relationship property at the end of a relationship.
February 21st, 2018
Separate property is all property of a spouse/partner that is not required to be equally shared under the Property (Relationships) Act 1976 (“Act”) when a relationship comes to an end. Generally, inheritance is separate property, however there are exceptions...
May 12th, 2017
Part 8 of the Property (Relationships) Act 1976 (‘the Act’) deals with the division of property where a marriage, civil union or de facto relationship ends (after 1 February 2002) because one (or both) of the parties has died.
February 27th, 2017
Until we are confronted with death, an emergency or illness, few of us are likely to turn our minds to the interplay between the law, and how it affects the way we deal with a loved one’s remains, let alone the choices we make or leave in respect of our own bodies.