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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.
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.
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.
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.
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.
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
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.
Before you submit an application to the Court, make sure you have had a kōrero with your whānau. Kaitiaki whenua (land guardianship) is about the collective and the wellbeing of whenua, whānau and whakapapa.
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.
My parent / grandparent / whanaunga are on the list but have passed away, what do I do?
You or another whānau member can make an application for succession.