New updated edition from New Zealand's best-selling finance author

FAMILY TRUSTS have never been so popular. The superannuation surcharge and asset testing for rest-home subsidies have whipped up a political storm that has sent people running for cover - the kind of cover offered by family trusts.

For trusts allow you to have the benefit, use and control of your assets without being penalised for owning them. The flexibility of trusts allows their use also for succession planning, control of 'wayward' family members, tax planning, conducting your affairs in confidence, and matrimonial purposes.

People are discovering that trusts are not simply for wealthy, professional or business people - they are for the person in the street, the ordinary wage and salary earner. Trusts are easy to set up, uncomplicated to run and cost very little.

Martin Hawes' helpful and informative book, which is written in plain English and aimed at the layperson rather than the professional, brings together for the first time all the information you need about how family trusts work, their benefits and disadvantages.

Martin Hawes is a director of Wood Rivers Hawes and Company Ltd, a business advisory firm thatconsults on a wide range of business matters, including the formation of trusts, joint editor of Moneyline, a monthly financial newslette At various times he has contributed to National Business Review, the Accountants 'Journal, Estate magazine and Personal Investor. He speaks regularly at seminars throughout Australia and New Zealand on all aspects of business and finance.

Paperback, 2001 4th edition, 111pages, very good condition