MLC succession english
Unless exemptions apply, they are treated in the same way as Māori land interests. Whānau trusts A whānau trust can be set up at the time of succession.
Unless exemptions apply, they are treated in the same way as Māori land interests. Whānau trusts A whānau trust can be set up at the time of succession.
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.
Mā ngā trusts o ngā Rōpū Kaitiaki whānau e pooti mō te taha o ngā kaiwhiwhi takuhe 16 o ērā hea.
Documents/Guides-Templates-Factsheets/MLC-incorporations-tereo.pdf (949 kb)
This trust can include all of an individual’s assets. • 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)
This trust can include all of an individual’s assets. • 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)
This trust can include all of an individual’s assets. • 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)
Disputes can delay whānau connecting to and using whenua. Whānau who agree to enter mediation to resolve disputes can do so out of court, pay no filing fee and can practice the tikanga of your whānau and hapū in that mediation.
Shares held in a pūtea or whānau trust If Māori incorporation shares are held in a pūtea or whānau trust, the names of the trustees 14 can be entered on the share register as the owner of those shares.
Shares held in a pūtea or whānau trust If Māori incorporation shares are held in a pūtea or whānau trust, the names of the trustees 14 can be entered on the share register as the owner of those shares.
Documents/Guides-Templates-Factsheets/MLC-incorporations-english.pdf (856 kb)
A trust formed around common tipuna that allows the whānau to bring together their Māori land interests for the benefit of the whānau being the descendants of the common tipuna.
Documents/Guides-Templates-Factsheets/MOJ0217.7E-SEP21-Succession-Factsheet.pdf (355 kb)