Page 4 Advertisements Column 1

Auckland Star, Volume LXVII, Issue 65, 17 March 1936, Page 4

jpive reasons . why a private Trustee may prove unsatisfactory While ft may be considered a compliment to a lifelong g ik friend to name him as a trustee, the compliment is a doubtful one. It throws a heavy burden of legal oblimjflf *> at ' ons u P° n th® trustee, which, unless met with a full KmSIHHI knowledge of the law, may innocently result in a breach t ' ie trust * Moreover, the appointment of a private trustee may prove ineffective for one or more of the 1. If he remains out of New Zealand for over 12 months a new appointment is necessary; 2. He may refuse to act;* 3. He may be incapable of acting; t4. He may be unfit to act; S. He may predecease the Testator. In the event of any one of these contingencies, the estate may be burdened with considerable expense in appointing a new trustee, wno may be unacquainted with the details of the estate and a stranger to the beneficiaries. — & guides It is better, it is safer, to appoint the Guardian Trust and ensure perpetua fidelity to the terms of your Will, strict accountability by directors: all its acts, and adequate financial resources to nurse assets Mr. s. Austin Carr JOf needed. Consult your Solicitor to-day and appoint the Sir George Elliot Guardian Trust as Executor and Trustee. This may be done by a Mr", k. B. Myers simple codicil, the details of which we will gladly explain. Mr. E. R. N. Russell „ Mr. P. H. Upton Tlk ~ Mr. W. R. Wilson - 11 - " GUARDIAN ■ TRUST head Office: AMr\ South British Insurance AND EXECUTORS COMPANY OF NEW ZEALAND iTn Building, Shortland St., L 1 Um Auckland. (Incorporated by Special Act of Parliament, 1883) Branches and Agencies N.Z.Govt. Securities. throughout the Dominion. Over £1,000,000 new business last year. • G 4-246