and thread Out ofEurope

ON THE LIGHT-ER SIDE...

SWITCHED ON: When it comes to illuminatingrooms, French designer, Erwan Boulloud, looks as much on the far side as he does the bright side oflife.

What’s the point in havingsplendid furniture ifwe can’t show it off? With his lightingrange, Monsieur Boulloud takes one ofthe most functional home fittings –lighting–and turns it into a spectacle all on its own. Primarily includingtable and suspension lamps, the fittings in this range are no shrinkingviolets. Instead, they practically demand to be focal points rather than just highlightingother pieces.

Please note that Erwan Boulloud’s pieces cannot be found in New Zealand stores but they can be ordered or commissioned by contactingthe company online at erwanboulloud.com.

Warwick Fabrics – Moorea

FREE DRAPE MAKING AND 20% OFF ROMAN BLIND MAKING ON WARWICK FABRICS DURING AUGUST Conditions apply 30% OFF ASPECT BLINDS FOR THE MONTH OF AUGUST Conditions apply

22 Queen St, Pukekohe - 09 2389326 www.kevenscurtains.co.nz

ADVERTISE IN THE NEXT

design

Your building & renovation magazine

FRANKLIN build 2019-2020

BE IN EARLY

New Builds Renovation Interiors Outdoors Good Reads

A Times Media publication Franklin expands • new subdivisions • infrastructure update • land grab battles • recreational options

Design and Build Franklin — 2019-2020 — 1 Cover: Light-filled, luxurious ambience – designed and built by DW Homes, 135 Manukau Road, Pukekohe

The region’s prime building and renovation magazine Design and Build Franklin 2019.indd 1 24/10/2019 4:28:39 PM

SHAREMARKETS LOOK BEYOND COVID-19

Followinga steep decline in share prices in February and March, triggered by concerns over the Covid-19 pandemic, sharemarkets have experienced a sharp recovery.

Most, includingthe S&P and the NZX 50 Index, are now showing positive returns over 12 months. While some sectors such as energy remain below their pre-Covid-19 share price levels, others such as technology and healthcare have reached new heights.

Markets are lookingbeyond the immediate impact ofCovid-19 and are perhaps givingdue consideration to other important factors. One consideration is the unprecedented measures beingtaken by governments to stimulate and support their economies. While the lockdowns and other disruptions are temporary, there is a riskthat businesses close permanently if the pandemic persists.

Globally, governments have moved quickly to inject trillions ofdollars in the form ofwage subsidies, business loans and infrastructure investments. These measures are designed to support employment and to help ensure that businesses are in a position to bounce-backquickly once countries reopen their economies. Interest rates are another important factor influencing sharemarkets. Central banks around the world have cut interest rates to record low levels.

This has ensured the global financial system has continued to function and provides further support to the economic recovery. Paltry returns on bank deposits can also have the effect ofmakingshares more attractive by comparison, in spite ofa weaker economic outlook.

The Covid-19 pandemic may also accelerate fundamental economic changes that were already underway. These changes include the use ofIT in business, automation in manufacturing and more sustainable travel and agriculture. Businesses leading these changes will benefit and in some cases their share prices are reflectingthis positive outlook.

All ofthese factors have contributed to the sharemarket recovery, supportingthe view that investingin quality companies with robust earnings and strong growth prospects provides investors with the best potential

returns over the long-term. Fora no obligation discussion, contact David Morgan, Esha Puggal orMarkSteele on 09 368 0170 or0800 367 227, orvisit theiroffices on the cornerofTi Rakau and Huntington Dr, Botany.

This column is general in nature, has been prepared in good faith based on information obtained from sources believed to be reliable and accurate, and should not be regarded as personalised investment advice. Fees and charges will apply ifyou elect to have a continuingrelationship with Forsyth Barr. Disclosure Statements for Forsyth Barr Authorised Financial Advisers are available on request and free ofcharge.

Local focus, global view

If you are considering your current investment arrangements and want professional local service, backed by leading international and New Zealand research, market data and investment experience call David Morgan, Mark Steele and Esha Puggal on (09) 368 0170 or visit their office on the corner of Ti Rakau and Huntington Drives, Botany, Auckland.

Disclosure Statements for Forsyth Barr Authorised Financial Advisers are available on request and free of charge.

AKE6141-03 © Forsyth Barr Limited December 2019

LINING UP RENOVATION DUCKS!

Smith &Sons Pukekohe owners, LANE and MELISSAvan den Brinkexplain the process of settingouton a home renovation.

It’s been another busy month and, as things return to normal under alert level one, we’re findingmany people are keen to do something to enhance their homes but don’t taken place, we can move into the bankwhen securingfinance.

know where to start.

That’s where we come in. We have an entire process designed to help. The first question we askis, “What doesn’t workfor you and what are you tryingto achieve?”

This is really important as we want council approves the plans we can

to ensure we are on the same page as our clients and don’t suggest options which differ from their desired outcome. For example, we don’t want to suggest ‘goingout’ to create space when ‘goingup’ to gain a master bedroom with a view, is what the client really wants.

Oursecond question is, “How much do you want to invest?” This is a really important chat to have, straight offthe bat, with yourbuilder even ifit makes you a little nervous. Addressingthis question helps set parameters when planningto make within the budget you can afford.

While talkinginvestment and budget, you need to decide whether to seekfinance forthe workor use yourown funds. Iffinance is preferred, be sure to have an early discussion with yourbank.

Once all these discussions have design phase and from there, we can provide estimates based on a design which gives you the right solution foryourhome. This is also a good document to take to the

The planningphase is where you have all the fun while yourfinal drawings are beingprepared, if required, forcouncil. We help you make product selections and you also meet with the builders and a dedicated project manager, who will be workingon yourhome. Once yourdreams come true but also

move forward!

Finally, a health and safety meeting so we can keep you and yourfamily safe while we’re on site. Then, it’s all go –the builders will be ready to start.

So, ifyou’re lookingfor a renovation solution for your home, give us a call 09 947 9533 –Smith & Sons Franklin.

THINKING OF RENOVATING? WE MAKE IT EASY WITH OUR THREE SIMPLE STEPS...

Let’s start the conversation Call Smith & Sons Franklin on 0800 764 846 or visit smithandsons.co.nz 19 Manukau Road, Pukekohe

TRUSTEES AND MENTAL CAPACITY

Wynyard Wood solicitor, SHERYL ALI, provides advice on the new Trusts Act 2019 as it applies to ageing trustees.

Establishinga trust to protect assets has been commonplace in New Zealand. The increase in the number oftrusts created has resulted in a corresponding increase in the number ofpeople trust deed with the power to add

actingin the role oftrustees.

As our population ages, issues, such as dementia, may impact all the remainingtrustees;

on these trusts ifthey have a trustee whose mental capacity has diminished.

Under the current law, the process –Aproperty manager appointed

ofremovinga trustee who has lost capacity is a complexone which has often resulted in an expensive and time-consumingapplication to the Court. However, the new law (called the Trusts Act 2019), which comes into effect on the February 1, 2021 aims to simplify this process.

Loss ofmental capacity is determined after a formal medical assessment has taken place. The new law now makes it compulsory to remove trustees ifthey lose their capacity to perform the functions of unavoidable.

a trustee. The removal takes effect 20 workingdays after the notice is received by the trustee.

method ofremoval, then that method may be chosen instead of the newly provided process. When the person who has lost mental capacity is the person who has the power to add and remove trustees within the trust deed then the new law gives that power to:

Any other person defined in the and remove trustees;

Ifthere are no other persons defined or ifthat person is unwillingor unable to act, then to

Ifthere are no persons defined in the trust deed and no remaining trustees who can act, then the followingmay act instead: –Any person holdingan enduring power ofattorney in relation to property for a person who is mentally incapable; or under the Protection ofPersonal Property Rights Act 1988; or –Aliquidator ifthe remaining trustee is a corporate trustee under liquidation.

Ifnone ofthese alternatives are available, then an application to the Court will, unfortunately, be Ifa trust deed provides a different

Ifyou have questions or concerns about your trust, contact Sheryl Ali sheryl@wynyardwood.co.nz.

NEWER ZEAL AND IN NEXTWORLD

(BILLPOTTER— PersonalPowerCoach. Thought Leader. GlobalSpeaker. Billhasalreadymade personal presentationsin 57 countries... so far. http://www. speakers.co.nz/our-speakers/all-speakers/bill-potter/ https://www.youtube.com/watch?v=ToRhF22nARM Google’ insists it is Switzerland.

PART 2

It is a pity that the next General Election is loomingin September. While we are workingon creating a Newer Zealand, we will experience the ‘same old, same old’ blah blah we have endured at every ‘election’ since July 14, 1853 with 37 MPs. Those were ‘dem days’. The ‘luckiest’ country according bungy jump. It’s time for the next

Girls hadn’t been invented yet, so naturally only boys could vote. But, Kiwi girls were made ofsterner stuff, Team! They informed the world that since nobody was doingmuch about this, we would!

So, in 1896, we became the first nation to give girls the become leaders, but are not yet

vote! Sorry, Greece. You did not ‘invent’ democracy, because Greekgirls had to wait until 1952! Abit latish, don’t ya think?

So, in today’s narrative, the slogan could have been... ‘Girl votes matter!’. And, they did. So much so, that the leaders of our two main political parties in 2020 are girls, with a first name beginningwith the, letter ‘J’. A And then, which is the world’s ‘luckiest’ country? I only askthis, because I know the answer. Heh. Heh. ‘Uncle Sorry Switzerland. You are in a part ofthe world which will never ‘get its act together’! Yes Team, it is...

l’il ole New Zealand. Sigh. And, we are about to develop a Newer Zealand, as well. Yesss!

to the Covid-19 scale, is Us! So we, ‘Team 5 Million’, have a duty to ourselves, to help prepare ‘our place’ for a dynamic future. We conquered Everest, split the atom, created democracy, the disposable syringe and the phase, Team. Let’s do it!

I have created my new, international ‘after Covid-19’ Course, LeaderSpeak © . It is for achievers who want to bit like ‘Sesame Street’ really...

sufficiently confident to lead or to present well. I introduced the ‘2020-2030 : The Tumultuous Decade’ challenge, in early 2019. Now, it’s here!

So, let’s talk. Now is good. Bill. www.duitdammit@gmail.com

TRUSTS & AGING TRUSTEES

wynyardwood.co.nz/aging-trustees

What happens when a trustee loses capacity? Under the current Trust Act 1956, removing a trustee who has lost capacity is complex. It can end up being costly and time-consuming. The Trusts Act 2019, which comes into effect on the 1st February 2021, aims to simplify this process. If you have questions or concerns about your trust, contact our friendly team today.

Country livinghas never been better for Sandra Langton. After 16 years on her 1.5 acre Karaka property she never thought a retirement move would be as good. “How mistaken was I?” she laughs. “I was amongthe first to move into Karaka Lifestyle Estate in December last year. From the first day my stand-alone home was perfect. Astunningsummer, and a well organised programme, meant socialisingwith other residents was easy and, not only could I use the pool whenever I wished, so could my grandchildren when they came to visit or stay. “What’s more, I didn’t even need to call it a day on rural surrounds. The estate here is situated midst wide open fields with lovely walkways nearby; existingfacilities and activities offer plenty ofdiversity and there is much more in the pipeline.” Happy with her new life balance, which included (and still does) interests such as the Franklin Food & Wine Club, Pukekohe U3A membership and volunteeringat the Auckland Botanic Gardens, Sandra says combiningvillage life with other activities suits to a tee. However, just three months into her new lifestyle, the country went into the Covid-19 lockdown yet it barely impacted on Sandra and other residents. “We couldn’t have been in a better place,” she says. “We were virtually in our own bubble. I extended my garden, set up a clubhouse library with the help ofother residents and enjoyed the ‘neighbourly isolation’. Time passed quickly.” Reflectingon her decision to buy at Karaka Estate, Sandra says she was influenced by many attributes but, in particular, the prospect of receivingcapital gain on her home, when, and if, it was sold, was key to her purchase decision. “Eventually, I want my children and grandchildren to benefit from my estate and knowingmy capital gain in the property is protected, safeguards that legacy.” DOUG AND LOIS HARPER couldn’t agree more. It was the capital gains element which first caught their attention when they saw Karaka Lifestyle Estate advertised in SOUTH magazine. “We knew how much could be potentially lost from a unit resale in other villages and this seemed almost too good to be true but it was true! Once we came and saw what was on offer we didn’t even thinkabout lookingelsewhere. From the outset, we could see this was a very special place.” What’s more, the Harpers’ were delighted when their first choice ofvilla became available. “We couldn’t wait to move in and did so duringalert level three with not a moment’s regret at leavingbehind out large, five-bedroom home in The Gardens,” says Lois, However, Dougadmits wonderingifhe might be bored after givingup workas an electrician and movingto a smaller home. “But life is never dull here. There’s always somethingto do and I still

Sandra Langton (left), with Lois and Doug Harper – enjoying life at Karaka

KARAKA LIFESTYLE ESTATE Living life to the full

Karaka Lifestyle Estate has raised the bar on retirement living in more ways than one. In particular, residents (or chosen beneficiaries) receive the capital gain when homes are sold, a feature which has motivated many seniors to purchase a property in this unique, resort-style village.

Lifestyle Estate keep up my golf. We really enjoy the social gatherings on a Friday night but also know we won’t give offence ifwe’re not here for one reason or another.”

Like Sandra, Dougand Lois cannot imagine changingthe life they now know –“The management team is wonderful and so are the residents. We’re never short ofsomethingto do or somethingto talkabout.”

CHRISTINA FAIRHURST

has joined the Karaka Lifestyle Estate as the new sales manager, bringing with her more than 25 years corporate experience and a strong connection to working with people from diverse backgrounds. She warmly welcomes enquiries and invites seniors to contact her to arrange viewing of the estate and to meet residents.

Open Monday to Friday 9am–4pm Weekends by appointment Where Karaka Lifestyle Estate 329 Bremner Rd, Drury

Construction is occurring on the site, so for your safety please contact us to book a visiting time.

Freephone: 09 294 8663 | Mobile phone: 027 208 9515 Email: christina@karakaestate.co.nz | www.karakaestate.co.nz