Search results for "Removal of shares from a trust"

Found 309 items matching "Removal of shares from a trust".

MLC Form 25 Confirmation alienation

tick as appropriate The land is not subject to any Trust The alienation is not in breach of any Trust to which the land is subject The alienee is a member of the preferred class of alienee being: Child(ren) or remoter issue of the alienor; or Whanaunga who are associated in accordance with tikanga Māori with the land; or Another owner in the land who is a member of the hapū associated with the land; or A trustee of any of the above three classes of person.

Documents/Forms/MLC-Form-25-Confirmation-alienation.pdf (108 kb)

MLC Form 22 Application for succession2

(iii) Next of Kin – where there is no will the next of kin for the purposes of succession are children of the deceased; if there are no children then brothers and sisters; if neither of these then next of kin are the nearest relatives on the side of the family from whom the land originated. Generally speaking where next of kin die before the person from whom succession is sought their children are entitled to the share they would have received had they survived the deceas...

Documents/Forms/MLC-Form-22-Application-for-succession2F.pdf (371 kb)

Te wehe i ō whenua
Divide your land

Much like an amalgamation, the resulting shareholding is dependent on the: agreement or sufficient degree of support from the owners value of each block and shares (before aggregation), and new shareholding, based on the value of the pre-aggregation shares, in the new aggregation.