Deputy Registrar v Trustees of Okahukura 8M2C2C2B Trust - Okahukura 8M2C2C2B Trust (2015) 337 Aotea MB 101 (337 AOT 101) [pdf, 188 KB]
...concerning the administration of the trust. At the hearing held on 28 April 2014 I raised with Ms Clark the issue of trustee expenses. 9 I was concerned that, notwithstanding the fact that there had been no approval from the Court for trustee meeting fees and expenses, given the size and income level of the trust, the expenses appeared to be excessive. [17] At the conclusion of that hearing I directed the trustees to provide a detailed breakdown of trustee costs and expenses f...