Labour would target hundreds of millions of dollars worth of income rich people shelter in trusts as a key part of its “tax switch” package unveiled this week....

The family trust is under siege as never before. Creditors, lawyers, government agencies and, yes, other family members ...

The abolition of gift duty, which could prove a gift for the rich, will come just months after a backdoor form of gift duty was introduced for the poor, an anti-poverty action group says....

Prenuptial contracts, which are already in decline, look set to disappear when the National Party does away with gift duty, a move seen by many as one of the biggest changes in property rights in New Zealand history....