Fineprint Issue 78 09.05.19 Malley & Co present the Autumn 2019 issue of Fineprint. Recent High Court Decision Adds Weight to Unequal Sharing of Relationship Property 11.04.19 The Property (Relationships) Act 1976 (“the PRA”) is the main piece of law in New Zealand that deals with the division of relationship property when a relationship ends. The PRA applies if you have been married, in a de facto relationship or in a civil union of three years or more, although in certain circumstances it can apply sooner. In the event the PRA applies the starting point, in the event a relationship ends (be that on separation or death), is that all relationship property is shared equally, although this is subject to a number of exceptions. Changes proposed to the Property (Relationships) Act 1976 11.04.19 The law governing the division of property when a relationship ends is set to change, following a comprehensive review by the Law Commission of the Property (Relationships) Act 1976 (“the PRA”). Law changes include infringement fees for lack of written employment agreements 05.04.19 For some time employers have been required by law to have written employment agreements with all employees. Failure to comply with this requirement sometimes resulted in penalties being imposed by the Employment Relations Authority. No Enduring Power of Attorney 26.03.19 Most people are now aware of the importance of having an enduring power of attorney (EPA). If you are unable to make decisions for yourself at any stage (either temporarily or longer term) it is important there is someone in place to act on your behalf. What happens to you, and your family situation, if you have no EPA? The Bank of Mum and Dad 25.03.19 Contributions by family members to the purchase of a property and how this is recorded can affect property ownership. We discuss how you can help your children and, at the same time, lessen the risks to you as parents. Potpourri of Employment Law Change Ahead 07.03.19 Last year saw many changes in the employment law sphere, with the Labour-led government delivering on promises of reform in this area. Of particular significance are the changes incorporated into the Employment Relations Amendment Act 2018 that was passed late last year. These changes will affect both employers and employees. We summarise some of these below. Countdown for buying or selling your home (and moving) - Are you ready? 07.01.19 Buying and selling your home (and moving) can be a stressful exercise. To help ease some of the anxiety, Malley & Co have prepared checklists explaining what you need to know and plan for.