The land interests would then go directly back to those beneficiaries of the estate who contributed shares to the whānau trust. ‘Māori Land Trusts’ includes a section on whānau trusts.
Documents/Guides-Templates-Factsheets/MLC-succession-english.pdf (1.2 mb)
The land interests would then go directly back to those beneficiaries of the estate who contributed shares to the whānau trust. ‘Māori Land Trusts’ includes a section on whānau trusts.
Decide on voting threshold for a poll vote (for voting by shareholding) 14.4 This is the standard treatment of whānau trusts that put their shares into ahu whenua trusts.
Documents/Guides-Templates-Factsheets/Ahu-Whenua-Trust-Order-Template-18082025.pdf (444 kb)
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.
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.
Documents/Guides-Templates-Factsheets/Factsheet-Legislative-changes-affecting-trusts.pdf (303 kb)
Māori Land Trusts includes a section on whānau and pūtea trusts.
Māori Land Trusts includes a section on whānau and pūtea trusts.
Documents/Guides-Templates-Factsheets/MLC-incorporations-english.pdf (856 kb)
If those entitled do wish to vest the deceased’s interests into a whānau trust please complete and attach application form 23.
Documents/Forms/MLC-Form-21-Application-for-succession2F.pdf (510 kb)
Trustees of whānau trusts vote on behalf of the beneficiaries18 of those shares.
Documents/Guides-Templates-Factsheets/MOJ0217.8E-SEP21-Maori-Incorporations-Factsheet.pdf (370 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.
