Page 4 Advertisements Column 1

Auckland Star, Volume LXVII, Issue 243, 13 October 1936, Page 4

nphe Cost is Small and the saving great! does administration by the Guardian Trust cost less V v 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 able to give a bond to the Stamp Duties Department for death duty at < no additional cost, whereas a —~r.-— jja! COSTS privatetrusteewould beobligea _ _ _ to pay for obtaining sureties if 7 OF ESTATE such a course were necessary. "^--a ADMINISTRATION A confidential discussion with HI The maximum charge the oouru u r Manager will reveal many gpr IjNf fIH Guardian Trust can make is other ways in which the W~Y only HALF as much as a Priv- appointment of the Guardian ==g \ ate Trustee may be 1 allowed Trust is a definite benefit to WT \ f *** for a n f Vml « £5,000 earning 4% per appointment to-day, or write ; |§|||S: / 1 annum from debentures and for comprehensive brochure. L j shares, etc. — and with a Life I i Interest to the wiciow who = t lives twenty years after Tes- " * -—BBmamsm tator's death, is only £ I I -5-0 |Po (6 per annum — far less a sum GUARDIAN TRUST th™ w^^' SS administration AND EXECUTORS COMPANY OF NEW ZEALAND LTD. hfg ar the Estate 6 KCOUltt*«!d (Incorporated by Special Act of Parliament, 1883) auditing, etc. . , , Capital £100,000 invested m N.Z. Govt. Securities. Additional liability of Shareholders £100,000. Assets under administration exceed £ 13,000.000# Over £1,000,000 new business last year. HEAD office: South British Insurance Building, ShortJand Street, Auckland. Branches and Agencies throughout the Dominion. C 7-246