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.
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.
Interest based trusts Tarati whānau (utu tāpae $68) Whānau trust (filing fee $68) A whānau trust combines the interests of a whānau (family) into a single trust.
• 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)
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.
I have advised the owners: (a) That an occupation order may pass by succession; YES NO; and (b) that an occupation order may be for a definite term or until a specified event; YES NO; and (c) of the term for which the order is sought; YES NO 6. The names and addresses of the occupiers of any houses on the land are: Full Name Address Full Name Address Full Name Address Full Name Address Full Name Address 7.
For more information visit www.māorilandcourt.govt.nz FORM 23 Rule 12.3 TICK THE APPROPRIATE CHECKBOX: The beneficiaries entitled to succeed have agreed to constitute a Whānau Trust and vest the interests of the deceased into the proposed trustees.
Documents/Forms/MLC-Form-23-Application-Whanau-Trust.pdf (149 kb)
You will also need to provide: a copy of their death certificate or other evidence of death an original or certified copy of the will written confirmation from any spouse or partner who wishes to surrender a lifetime right (if applicable) consents agreeing to include succession by whāngai (if applicable) a completed Whānau Trust application, draft trust order, written consent from trustees, and minutes from the hui agreeing to constitute a Whānau Trust (if...