The land interests would then go directly back to those beneficiaries of the estate who contributed shares to the whānau trust. ‘Māori Land Trusts’ includes a section on whānau trusts.
Documents/Guides-Templates-Factsheets/MLC-succession-english.pdf (1.2 mb)
The land interests would then go directly back to those beneficiaries of the estate who contributed shares to the whānau trust. ‘Māori Land Trusts’ includes a section on whānau trusts.
• Whānau trust This is a whānau-oriented trust. It allows the whānau to bring together their Māori land interests for the benefit of the whānau and their descendants.
Documents/Guides-Templates-Factsheets/MOJ0217.1E-Maori-Land-Trusts-May19-v2-WEB.pdf (166 kb)
• Whānau trust This is a whānau-oriented trust. It allows the whānau to bring together their Māori land interests for the benefit of the whānau and their descendants.
Uploads/MOJ0217.1E-Maori-Land-Trusts-May19-v2-WEB.pdf (166 kb)
• Whānau trust This is a whānau-oriented trust. It allows the whānau to bring together their Māori land interests for the benefit of the whānau and their descendants.
Uploads/MOJ0217-v2.1E-Maori-Land-Trusts-May19-v2-WEB.pdf (166 kb)
Before 6 February 2021 A beneficiary of a whānau trust is not able to apply for an occupation order to use trust land for housing purposes.
Ko tēnei te tiaki whenua motuhake mō te whānau. E whakahuihui ana tēnei tikanga i ngā hea o te whānau i roto i tētahi whenua Māori hei painga mō te whānau me ngā uri kei te heke mai.
Documents/Guides-Templates-Factsheets/MLC-maori-land-trusts-tereo.pdf (754 kb)
With shares held by individuals becoming increasingly fractionated but shares held in whānau trusts being relatively stable, I foresee a time when these whānau trusts will be major shareholders in trusts and incorporations.
Since 1 July 1993, shares in a Māori incorporation are deemed to be interests in Māori land and unless there’s an exemption, they’re treated the same as Māori land interests. Whānau trusts A whānau trust can be set up at the time of succession.
Documents/Guides-Templates-Factsheets/MOJ0217.7E-SEP21-Succession-Factsheet.pdf (362 kb)
Māori Land Trusts includes a section on whānau and pūtea trusts.
