Discussion on Whānau Trusts
01 Feb 2013 | NewsSupport was given for the formation of a whānau trust. An application to constitute a whānau trust was filed in 2004 and eventually heard in February of 2005.
Support was given for the formation of a whānau trust. An application to constitute a whānau trust was filed in 2004 and eventually heard in February of 2005.
It can help to mend fractured relationships and address some of the maemae associated with whānau relationships. A mediator will be there to support everyone, including you and your whānau, and to provide an impartial view when addressing issues.
The respective whānau trusts are coordinated through an ahu whenua trust for the management of the whole block and in dealings with third parties such as the Rotorua District Council.
Traditional whenua boundaries of hapū and whānau were changed and not all members were granted ownership.
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.
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.
The practice note demystifies what can appear a complex subject, and support both whānau and lenders to improve access to finance for development activity on whenua Māori.
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.
However, the trustees must have the power to grant licences to occupy in their trust order. The trust order may also limit who may apply and impose any conditions.
Documents/Guides-Templates-Factsheets/MOJ0217.5E-OCT21-Title-Improvement.pdf (357 kb)