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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.
Examples of what could be considered ‘simple’ trust matters
include:
• forming a whānau trust for a single owner’s interests or
shares; or
• terminating a kaitiaki trust for a minor when the person
reaches 20 years of age; or
• appointing a trustee to a whānau trust.
This is the case for the largest
and most successful trusts and incorporations, such as the Tuaropaki Trust and
Mangatu Incorporation, right down to the smallest papakainga trusts.
AP-20240000003186 45/93 Josie Wade, Henry Francis
(counsel acting)
CJ 2024/29 - Penetana Matiu Heta
also known as Ben Matthews and a
succession order made at 18 Kaitaia
MB 354-356 on 3/4/1995 -
Application to the Chief Judge
AP-20240000003200 45/93 Karamea Insley CJ 2024/25 - Awanui Haparapara No.
1 Māori Reservation block and an
order appointing trustees made at 2
Conference MB 23-25 on 18/4/1996
- Application to the Chief Judge
AP-20240000003255 45/93 Wairere Ormsby CJ 2024/27 -...
AP-20240000003186 45/93 Josie Wade, Henry Francis
(counsel acting)
CJ 2024/29 - Penetana Matiu Heta
also known as Ben Matthews and a
succession order made at 18 Kaitaia
MB 354-356 on 3/4/1995 -
Application to the Chief Judge
AP-20240000003200 45/93 Karamea Insley CJ 2024/25 - Awanui Haparapara No.
1 Māori Reservation block and an
order appointing trustees made at 2
Conference MB 23-25 on 18/4/1996
- Application to the Chief Judge
AP-20240000003255 45/93 Wairere Ormsby CJ 2024/2...
It is also called a trust order.
A trust order sets out the general purpose of the trust and
well as the responsibilities, rights, obligations, and
limitations of the trustees.
Governance entities In the context in which I work, we have a range of governance entities, from trusts to incorporations, but no matter what the governance structure is - whether it is an ahu whenua trust, a whānau trust, a whenua tōpū trust, a pūtea trust, a kaitiaki trust, or an incorporation - key governance skills and capabilities are required.
