What are the risks in buying at a mortgagee’s sale? How much should you pay?
The depressed property market is resulting in a sharp rise in mortgagee’s sales. Prices paid at these sales are often surprisingly low. Is that justified?
What's New?
Keep up to date with what's happening in New Zealand law, and what's fresh at Webb Ross
Financial Service Providers & Financial Advisors Shake Up
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There have been fundamental changes to the way financial services are provided as a result of the Financial Advisors Act 2008 and Financial Service Providers (Registration & Dispute Resolution) Act 2008, both of which will be fully in force by July 2011.
Google and Piracy
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Apparently some people think Google should do more to combat piracy.
“What entitlement do you have? – beneficiary rights”
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You may be the beneficiary under a trust set up by your parents or by a wife, husband or partner – what does that entitle you to?
In short not much, if you are a discretionary beneficiary.
Employee share schemes – part 2
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As discussed in my last blog about this topic (http://webbross.co.nz/blog/?p=143), employee participation in employee share schemes may better incentivise key employees in times where cash flow is tight and raising their pay is not an option. There are also various legal and tax considerations that need to be addressed before such a scheme is established.