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Template Comprehensive Whanau Trust Order Final Version 30 June 2020

(b) To set aside cash reserves; to set aside such cash reserves as the Trustees think prudent from the net proceeds for contingencies (even if doing so will result in a distribution not being made to the Beneficiaries) or for capital expenditure or for expansion, provided that in doing so the Trustees: 12 (i) comply with their trustee duties; and (ii) consider that their decision to do any of the above will advance the P...

Documents/Guides-Templates-Factsheets/Template-Comprehensive-Whanau-Trust-Order-Final-Version-30-June-2020.pdf (237 kb)

Discussion on residential utilisation of multiply owned Māori land

01 Jun 2012  |  News

Frustrations have arisen in the utilisation of the land as the estate’s trustees have been unable to make distributions to the beneficiaries (of whom seven are now deceased) without giving some a greater benefit than others. A solution has been found, however, in the formation of whānau trusts for each of the eight children with agreed exclusive use areas both for themselves and also for the other owners of the block.