09/09/2026
Trusts can protect assets — but they cannot ring fence assets derived from fraud
A recent High Court case considered whether property held by a family trust could be protected from forfeiture following a significant GST fraud.
The court found that the person responsible for the fraud had an “interest” in the trust property, resulting in $13 million of trust assets being subject to forfeiture.
As the article explains: “While well-drafted trusts remain valuable and legitimate estate planning tools, they cannot be used as a shield for assets that have been acquired through crime…”
Read the full article to find out more thomsonwilson.nz/news-and-articles/2026/trusts-can-protect-assets