Page 3 Advertisements Column 7

Dominion, Volume 38, Issue 22, 20 October 1944, Page 3

The heavy increases in death duties since 1939 may com- ( pletcly upset the intentions of a Will made before that date and may be the means of imposing actual hardship on those •whom the testator is most anxious to protect. The chart below shows the enormous increase in death duties. The figures prior to 1939 are shown in brackets. DUTY ON NET DUTIABLE ESTATE OF- I I Beneficiary £5,000 £lO,OOO £20,000 £50,000 Widow Nil (Nil) £IAIS (£300) £5,033 (£2,000) £20,616 (£9,000) Child or ‘Grandchild £7OO (£250) £1,930 (£800) £5,260 (£2.300) £22,066 (£9,000) Husband — £750 (£350) £2,030 (£900) £5,460 (£2,200) £22,566 (£3,500) I Sister, Brother, 9 Parent — £B5O (£450) £2,400 (£1,100) £6,800 (£2,600) £25,116 (£12,000) I Niece, Nephew 1 or Cousin £l,OOO (£450) £2,850 (£1,100) £7,260 (£3,600) £26,116 (£12,000) | Remoter Relative I or Stranger £1,483 (£700) £3,650 (£1,600) £9,366 (£3,600) £30,000 (£17,000) I Charley (Estate Duty only)' £5OO (£200) £1,350 (£600) £3,700 (£1,600) £15,166 (£7.000) I IPs These figures are startling and require your immediate attention. A consultation with the Manager of any Branch of the Guardian JJtmal Trust may bo of immense benefit to you and your dependents. ‘ W-GUAftDIAN TRUST MvJtU, AND EXECUTORS COMPANY OF NEW ZEALAND LTD. C & (Bmpeweraf by Special Act of Parliament, 1883) guides Assets under administration exceed £16,000,000 Directors: Chairman, Mr. V. J. Larner, sth. British Insurance Bldg., Lambton Quay,’ Mr. S. Austin-Carr, Mr. J. F. Ewen, Wellington. Edgar Wylie, W’n, Manager.' Mr. K. B. Myers, Mr. W. IL Wilson, —-—— Mr. R. N-K. Swanston. Offices at Gisborne, Napier, Palmerston General Manager: KF. Ward. Nor,h ' Ond throughout the Dominion.'

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