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Trust Meeting Minutes Template for New Zealand

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Key Requirements PROMPT example:

Trust Meeting Minutes

"I need Trust Meeting Minutes for a family trust meeting scheduled for March 15, 2025, where we'll be discussing investment portfolio reallocation and approving quarterly distributions to beneficiaries."

Document background
Trust Meeting Minutes are essential governance documents required for proper trust administration in New Zealand. These minutes provide a contemporaneous record of trust meetings, capturing key decisions and discussions by trustees in accordance with the Trusts Act 2019 and related legislation. The document should be prepared for all formal trust meetings and must include details such as attendance, quorum confirmation, resolutions passed, and actions approved by the trustees. Trust Meeting Minutes serve multiple purposes: they demonstrate compliance with trustee duties, provide evidence of decision-making processes, protect trustees by documenting their deliberations, and create an audit trail for beneficiaries and regulatory authorities. They are particularly important in the context of trust disputes, tax audits, or when demonstrating proper trust governance.
Suggested Sections

1. Meeting Details: Date, time, and location of the meeting

2. Attendance: List of trustees present, apologies, and other attendees (e.g., advisors, minute taker)

3. Quorum: Confirmation that the required number of trustees are present for valid decision-making

4. Previous Minutes: Confirmation and approval of previous meeting minutes

5. Matters Arising: Discussion of any ongoing matters from previous meetings

6. Financial Report: Review of trust's financial position and any relevant financial decisions

7. Trustee Decisions and Resolutions: Formal recording of decisions made and resolutions passed

8. Next Meeting: Date and time of the next scheduled meeting

9. Closure: Time of meeting closure and signature of chairperson

Optional Sections

1. Distribution Decisions: Used when decisions about distributions to beneficiaries are made

2. Investment Decisions: Required when discussing or approving changes to trust investments

3. Property Matters: Included when discussing trust property transactions or management

4. Compliance Matters: Used when addressing specific regulatory or tax compliance issues

5. Trustee Appointments/Resignations: Required when changes to trustees are discussed or approved

6. Professional Advice: When external professional advice is received and considered

7. Conflict of Interest Declarations: When trustees need to declare any conflicts of interest

Suggested Schedules

1. Financial Statements: Detailed financial reports discussed during the meeting

2. Investment Portfolio Review: Detailed analysis of trust investments and performance

3. Distribution Schedule: Details of approved distributions to beneficiaries

4. Professional Reports: Any external reports or advice presented at the meeting

5. Supporting Documents: Any additional documents referenced in the minutes or relevant to decisions made

6. Attendance Register: Signed attendance record of all present at the meeting

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

























Clauses




















Relevant Industries

Legal Services

Financial Services

Wealth Management

Property Management

Family Office

Professional Services

Banking

Investment Management

Real Estate

Charitable Organizations

Relevant Teams

Legal

Compliance

Finance

Administration

Governance

Risk Management

Wealth Management

Operations

Corporate Secretariat

Trust Services

Relevant Roles

Trustee

Trust Administrator

Legal Counsel

Company Secretary

Trust Manager

Compliance Officer

Financial Controller

Trust Accountant

Wealth Manager

Risk Manager

Trust Officer

Operations Manager

Board Secretary

Governance Manager

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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