Enterprise Angels - Investment for growth

Trusts and Overseas Beneficiaries

Tuesday, February 19, 2019

If you have a Trust and overseas beneficiaries there are some important issues you need to be aware of if you plan on allocating them income or a capital distribution.

With new AML/CFT Legislation that came into effect on 1st July, Enterprise Angels on behalf of EA Nominee Ltd and EA GP Ltd must undertake Customer Due Diligence on all investing entities including individuals, Companies, Partnerships, Societies and of course Trusts.

In working through devising our new Client Agreements to capture all necessary information, we discovered that there are situations where  allocations from a Trust may be taxed when it is not income. 

We strongly recommend that you talk to your lawyer and/or accountant to ascertain if your legal entity is in fact the best option for investments, especially if you have children living overseas, or are part of a blended family.  

Or, come along to this seminar presented by our valued Corporate Partner - Crowe Horwath - on this topic prior to each of our February member meetings in Tauranga and Hamilton.

As an added bonus, each EA Member attendee will be welcome to a free 30 minute consultation with Crowe Horwath to  discuss your current Trust issues.

Spaces will be limited to 20 in each location.



Tuesday 19th February 4-5pm
presented by Michelle Malcom 


Wednesday 20th February 4-5pm
presented by Angela  Hodges and Nicole Rockliffe

Cost Free



Our Corporate Members