Tuaropaki Trust Trustees - Tuaropaki Trust (2008) 87 Taupo MB 104 (87 TPO 104) [pdf, 165 KB]
...to trustees are proper and to that end I adjourned the matter to chambers for a decision and invited counsel to file any further documents that he wished, to deal with the concerns that I had expressed. Counsel took that opportunity and filed an affidavit by Mr Wetera and a further memorandum. 87 Taupo MB 105 [3] The principles involved in fixing trustees fees are well known. The basic principle is that trustees work as a matter of honour and are not entitled to be paid unless all...