Asset protection - Ways to protect your valued assets

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If it’s important, it needs protecting. How many of us could afford to replace our home, car or other hard-earned possessions if something happened to them? We’d need insurance cover to make it through. And there’s no point building wealth over the long run only to lose it all when we really need it. Family members who depend on us may need protecting in case we die or are unable to work because of illness. It’s also important to let our loved ones know what we want to happen with our money and property when we die or are unable to make decisions for ourselves.

Insurance

Insurance is an important part of managing money matters. It’s a way to protect ourselves and our families against an unexpected financial loss. This might come about if something that’s precious to us is damaged or stolen. But it could also come from no longer being able to provide for our families because of illness or death. Having the right insurance in place can help bring peace of mind.

Insurance guide

Insurance types guide

Wills and insurance cover need reviewing whenever we have big life changes, like the birth of a child or separation.

Enduring powers of attorney

An enduring power of attorney (EPA) is a legal document giving someone the power to act for us if, at some stage in the future, we lose the ability to make decisions ourselves. There are two types of EPA – one for money and property and the other for personal care and welfare.

Without an EPA, no one else can deal with property or financial affairs on your behalf.

Enduring powers of attorney guide

Wills

A will formally sets out how our money and property should be dealt with after death. Most of us would probably rather not think about it, but we all need a will, no matter how old we are. Dying without a will can cause a lot of unnecessary stress and cost for the people we leave behind.

Wills guide

Family trusts

The aim of a family trust is to provide future benefits for close family members or to protect family assets. For example, many people in business use family trusts to protect their home in case their business fails.

Trusts aren’t for everyone – they can be costly and complicated. Get advice from a specialist trust lawyer or a professional trustee company.

Family trusts guide

GUIDE

Wills

Why do we need a will? People mainly use them to write down family members they want to provide for…

GUIDE

Enduring powers of attorney

An enduring power of attorney (EPA) is a legal document giving someone the power to act for us if we…

GUIDE

Redundancy

The uncertainty that comes with losing a job or redundancy is a challenge, but leaving one role always opens up…

GUIDE

Losing a partner

Losing a partner is no time to have to deal with money issues. Yet there is quite a lot to…

GUIDE

Insuring ourselves

When we’re fit and healthy, it’s hard to imagine life changing. But what would happen if we couldn’t earn an…

GUIDE

Insurance types

Life is full of risks of things that could happen – the house burning down, the car being stolen, illness…

6 steps to get your money Sorted

Start your emergency fund

Get your KiwiSaver on track

Tackle your debt

Cover your people, money, stuff

Work out your retirement number

Set your goals, then reach them!

Guides

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Asset protection - Ways to protect your valued assets

Insurance

Enduring powers of attorney

Wills

Family trusts

You may also like...

Wills

Enduring powers of attorney

Redundancy

Losing a partner

Insuring ourselves

Insurance types

6 steps to get your money Sorted

Start your emergency fund

Get your KiwiSaver on track

Tackle your debt

Cover your people, money, stuff

Work out your retirement number

Set your goals, then reach them!

Guides

Hei tēnei Matariki, kia toitū te anga ki te pae tawhiti – Fast-forward 1000 years this Matariki

Your financial superpower: long-term thinking

7 tips for practising safe debt

Ola fuafua lelei – it’s Samoan Language Week!

When it comes to KiwiSaver, any free money is good money

Overcome that overspending today

KiwiSaver default changes – what it all means for you

Burnout is a real money buzzkill

About

Learning

Resources

Even more...

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Asset protection - Ways to protect your valued assets

Insurance

Enduring powers of attorney

Wills

Family trusts

You may also like...

Wills

Enduring powers of attorney

Redundancy

Losing a partner

Insuring ourselves

Insurance types