Page 4 Advertisements Column 1

Auckland Star, Volume LXVII, Issue 117, 19 May 1936, Page 4

Cost is Small and the saving greatl WHY does administration by the Guardian Trust cost less than that of a private trustee?" asked a business man recently. There are many ways In which the Guardian Trust effects savings for an estate. For instance, our fees are defined by Law, are known in advance, and are considerably less than those allowed to a private trustee. Risk of loss through illness, absence abroad, or the interference of the private individual's own business with the affairs of the estate is entirely eliminated. Again, when a private trustee dies, as is inevitable, the estate is burdened with the expense of transfer to a new trustee who may be a stranger to the beneficiaries and unacquainted with the intricacies of the estate. The Guardian Trust Is permanent and not subject to the contingencies that beset the individual, and is held accountable by law for all its acts. Due to abundant financial resources, the Guardian Trust is abie to give a bond to the Stamp Duties Department for death duty at no additional cost, whereas a r^^..iCOSTS private trustee would be obliged oc cctatc to pay for obtaining sureties if jpEgy* - \Jr to I Alt suGh a course were necessary. ADMINISTRATION a confidential discussion with l|jj The maximum charge the ou . r Manager W' ll re y ea | many §pp"ZfiWf WH Jl Guardian Trust can make is other ways in which the J|§i? IW~^r only HALF as much as a Priv- appointment of the Guardian Hg| M \ "1 ate Trustee may be allowed Trust is a definite benefit to W' \ char/e W onanesta«" n aTuedat de P e " dents ' , Rin S for an F £5,000 earning 4% per appointment to-day, or write f W^C%i annum from debentures and for comprehensive brochure. L shares, etc. — and with a Life | J interest to the widow who & i lives twenty years after Tes- B»-.i «VrY - • I MlMilaMft - tator's death, is only £I 1 -S-0 HP 0 per annum — far less a sum =SS GUARDIAN TRUST come commission Including .. ■ k rur >.iiT«r,r . „ the whole administration AND EXECUTORS COMPANY OF NEW ZEALAND LTD. charges and the cost of keep- , r ~ „ . , Ing the estate accounts, and (Incorporated by Spec,at Act oj Parliament, 1883) auditing, etc. Capital £100,000 invest'd in N.Z. Govt. Securities. Additional liability of Shareholders £100,000. Assets under administration exceed £1 3,000,000. Over £1,000,000 new business last year. HHAD OFFICE! South British Insurance Building, Shortland Street, Auckland, Branches and Agencies throughout the Dominion. G7-246