Family Office Services
The boutique nature of Covisory allows the team to work closely with you to understand your family’s requirements today and your aspirations for the future.
- We embrace your situation and advise clearly and accordingly.
- Your family affairs don’t come after all other business is dealt with as we see you and the family as our primary focus.
- We recognise that everyone is different. There is no ‘one size fits all’ approach.
- We will tailor a solution to your specific needs and circumstances to protect and maximise your assets, your wealth, to achieve your goals and to ensure tax efficiency.
- We can also help you work through the issues associated with what to do with your wealth. How much should go to your children, charities and the balance.
Our Services include:
Our Services include:
- Personal services such as managing household staff
- Making travel arrangements
- Property Management
Our Services include:
- Management of legal affairs
- Preparation of Wills
- Preparation of Powers of Attorney for Property and Personal Care(POA)
A core element of the Covisory Partners Family Office is to assist our clients to implement their strategic giving programmes. Whether you have a long heritage of giving, or are looking to create a legacy for future generations, we have the expertise to assist you in achieving the best philanthropic outcomes for you and your family.
Within the New Zealand context, there are many ways to make a charitable gift.
- Direct giving
- Bequests
- Assignment of income from assets
- Donation of assets
- Discounted or donated goods or services
- Sponsorship
- Adding someone as the beneficiary of a trust
- Establishing a charitable trust
- Giving to a community foundation.
The approach you select will be based on your own personal needs and your vision of what you want to achieve. We will work with you to ensure you have a good understanding of your reasons for giving and what you are trying to achieve, so you can select the best way for you to go about it.
We take care of the details for you
We offer our clients an innovative service that reflects their unique circumstances and investment needs. Our services cover the establishment, management, and monitoring of philanthropic programmes. We understand philanthropy and we know how to apply philanthropy for the greatest community impact.
Your philanthropic vision
Our aim is to ensure that the creation of a gift programme is a positive and rewarding experience that will enrich yours and your family’s lives as well as the lives of others. One dimension of this is engaging your children with family giving, ensuring that philanthropy becomes a valuable educational tool. We will help you create an enduring impact in all aspects of your philanthropic journey.
Create a Philanthropic Entity
We can advise you on the most appropriate philanthropic entity, given your vision and your needs. Our services include assistance with the formation of a constitution or trust deed and obtaining the appropriate approvals from Inland Revenue.
On-going administration of your trust
We assist our clients with on-going administration matters, including board meeting agendas and minutes, bank account management, preparation of returns and audited financial statements for Inland Revenue, and claims for imputation credit refunds.
Community Foundation Partners
We work with two community foundations. To learn more about the activities of the Auckland Communities Foundation, please visit http://www.aucklandcf.org.nz/ and for Geyser Community Foundation, please visit http://www.geysercf.org.nz.
To start the conversation about your strategic giving, contact our Director Nigel Smith on +64 9 307 1777.
Our Services include:
- Succession Planning
- Managing Generational Succession Issues
- Wealth Protection
- Family Charters and Structures
- Exit Strategies
- Financial and Investment Education
Our Services include:
- Day-to-day accounting and payroll and Creditor payment activities
- Corporate Governance & Statutory Compliance
- Financial Reporting
- Annual Wealth Statements
- Tax Services