A view that current family trust laws have too much red tape. 

The Government's making it easier to sell property held in a family trust in its latest revamp of anti-money laundering policies.   

It means realtors won't need to collect extensive information about a trust's history to make a sale.  

Family Trust Services' managing director, Janet Xuccoa told Heather du Plessis-Allan people have to provide the same information to realtors, lawyers, and accountants. 

She says the changes are a relief to most providers, as the legislation is complex, time-consuming, and repetitive. 

LISTEN ABOVE 

A view that current family trust laws have too much red tape.&nbsp;
The Government's making it easier to sell property held in a family trust in its latest revamp of anti-money laundering policies. &nbsp;&nbsp;
It means realtors won't need to collect extensive information about a trust's history to make a sale. &nbsp;
Family Trust Services' managing director, Janet Xuccoa told Heather du Plessis-Allan people have to provide the same information to realtors, lawyers, and accountants.&nbsp;
She says the changes are a relief to most providers, as the legislation is complex, time-consuming, and repetitive.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

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Janet Xuccoa: Family Trust Services Managing Director on the Govt making it easier to sell property held in a family trust

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/22e71537-a413-4f12-bb83-b3140145737b/transcript

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