New Year life admin: today’s small tasks, tomorrow’s big problems

Have you ever had to organise a family holiday? It requires A-grade planning and coordination. The destination must suit everyone’s interests, with accommodation and transport options researched and reserved; passports and travel insurance kept up to date; flights, excursions, airport transfers and medications checked and paid for to ensure a smooth trip.

Yet, how many people show this level of commitment to their life admin?

Admittedly, checking your paperwork and legal documents to ensure they are up to date is not the most exciting task, but planning for the future is one of the most responsible actions you can take for yourself, your family, and your business. Outdated or inaccurate documents can lead to significant, long-term complications, both financially and emotionally.

• Outdated wills, trusts, or powers of attorney may not reflect your current wishes, causing family disputes or legal challenges over inheritance or decision-making authority.

• If life changes like marriage, divorce, or the birth of children aren't reflected in your documents, assets may go to unintended individuals, leaving loved ones unprotected.

• Without up-to-date tax planning, your estate could face unnecessary tax burdens or penalties, reducing the value passed on to beneficiaries.

• Inaccurate documents can lead to lengthy litigation, contested wills, and failed succession planning for businesses, resulting in high stress and significant legal fees.

Changes in laws or personal circumstances can render documents legally unenforceable, leaving you without crucial protections or powers in place when they’re needed most. As a Christchurch law firm, Weston Ward and Lascelles provide legal services to make sure your needs are met with care, clarity, and professionalism. Whether you're preparing for the inevitable or simply securing your financial and legal affairs, having the right documents in place is essential to ensuring peace of mind. Working with a legal advisor can make all the difference. 



1. Will power: where there’s a Will there’s a way

One of the most important documents for anyone to have is a valid will. A will outlines how your assets will be distributed after your death, who will act as your executor, and any specific wishes you have for your estate. Without a will, your estate may be subjected to the complexities of intestate laws which might not align with your preferences, and can result in delays, higher costs, and potential family disputes.

It's recommended to review your will every few years or after any major life changes, so it reflects your current wishes. Significant events such as getting married, dissolution, or separated, having a child or grandchild, moving house, or the death of an executor or beneficiary are key moments to revisit your will.

Even if your circumstances haven’t changed, it’s important for estate planning lawyers to review your will periodically, as values, priorities, and relationships evolve over time, but so do tax rules. Consulting with a family trust lawyer ensures your will aligns with current tax regulations.

2. Power of Attorney – planning for the unexpected

It's an uncomfortable topic, but if something unexpected happens, someone you trust must have the legal authority to manage your property and finances. This includes making decisions about selling your house, accessing bank accounts, managing investments, paying bills, and overseeing any businesses you own.

A Power of Attorney (PoA) allows someone you trust to make decisions on your behalf should you become incapacitated or unable to make decisions for yourself. There are two main types of PoA in New Zealand: an enduring power of attorney for property, and an enduring power of attorney for personal care and welfare.

3. Trust issues – securing your legacy

Whether you’re protecting family wealth, managing business assets, or planning for future generations, a trust provides flexibility and security that few other estate planning tools can match. Setting up a trust requires careful legal guidance to ensure it complies with current legislation and operates smoothly.

By setting up a New Zealand trust, assets can be secured from potential legal disputes and ensure your beneficiaries receive what you intended. Family trusts are particularly valuable for individuals with complex estates or those who wish to maintain privacy in their financial affairs. If you have established a trust to manage your property, business, or other assets, it’s crucial to ensure all trust documents are updated and in order. 

4. Understanding Relationship Property Law – breaking up without breaking down

The holiday season is here, accompanied by an increase in failed relationships. If your relationship is decidedly on the rocks, its crucial you understand relationship property law and what your rights and obligations are to ensure a fair outcome for both parties. Relationship property law NZ governs how property, debts, and assets are shared between partners, so any decision made can significantly impact your financial future.

Whether you’re entering into a relationship but want to secure your assets with a prenuptial agreement or are ending one, understanding how assets will be divided is key to protecting your interests. Weston Ward and Lascelles offer expert advice in relationship property law in Christchurch, ensuring your rights are upheld and assets fairly distributed.

5. Mind your business – securing your company’s future

For business owners, protecting your business assets and ensuring legal safeguards is just as crucial as personal estate planning. It's vital to document your business’s legal structure, ownership details, and potential risks. This involves regularly reviewing shareholder agreements, partnership contracts, succession plans, and operational procedures. As your business grows and evolves, seeking legal advice ensures these documents stay up-to-date, reducing risks and helping to secure long-term stability.

Navigate the events of life with the best legal advice in Christchurch

Taking steps now to get your affairs in order is one of the best gifts you can give yourself for 2025. By working with a reputable and experienced law firm, you can navigate the complexities of New Zealand’s laws and protect yourself from all eventualities. For those interested in securing their future, book an appointment with Weston Ward and Lascelles. Contact us today to schedule your first consultation and get started on putting your affairs in order, call 03 379 1740 or click here.