When people think about important legal documents, a Will is usually the first thing that comes to mind. However, there is another legal document that is just as important, but which is often overlooked. That document is an Enduring Power of Attorney. What is an Enduring Power of Attorney? An
Author: Kelly Henderson, Senior Registered Legal Executive – Bramwell Bate Lawyers For many Hawke’s Bay families, the topic of first-home ownership has become a regular point of conversation around the dinner table. Parents are increasingly watching their adult children, who are often young professionals, navigate a housing market that remains
Although a scary concept for some, Artificial Intelligence (or AI) is well entrenched in today’s society. From chatbots on websites, to facial recognition in airports and even self- driving vehicles, AI is changing the way we live. Generative AI (or Gen AI) is a subcategory of AI that uses algorithms
It’s no secret that Kiwi’s have long loved trusts. It is estimated that there are currently between 300,000 and 500,000 trusts in New Zealand. But why the obsession? And is there still the same love for trusts that there once was? Trusts have always been a useful tool for asset
The Fair Trading Amendment Act 2021 comes into force in August 2022 and this will place new obligations on businesses while providing new protections for consumers and small businesses. The key change is that “standard form small trade contracts” will now be subject to the unfair contract principle. To understand
If there is a silver lining when talking about the global COVID-19 pandemic, it has to be the return to our shores of thousands of highly skilled Kiwis. For years, New Zealand has been a casualty of what has been termed ‘brain drain’, as highly qualified New Zealanders left in
By Anna Bernie The COVID-19 pandemic has created a great deal of economic uncertainty both globally and in New Zealand. During the lockdown in April and May 2020 we were all questioning how the housing market would be impacted. Contrary to the expectations of some commentators, the NZ housing market
It’s great to see Hawke’s Bay’s economy steaming ahead and to notice lots of positive signs that our business environment is thriving.As your business improves and demand increases you may be thinking about expanding by hiring new staff. Before you start making offers however there have been a number of
It is important for every business to have formal Terms of Trade. When comparing large businesses to small, it’s fair to say the larger the business the more likely it will have written Terms of Trade. While there may be some who have operated for a substantial amount of time
