OVERBURDENED PRIVATE TRUSTEES
Sentiment may cause a testator to place a heayweight of anxiety on a friend by appointing him to be trustee of his estate. At the outset the trustee, lacking experience, may anticipate that the duties will not be burdensome, but time perhaps proves that the task is not the easy one lie expected it to be, with the result that the trustee gets an uneasy feeling that, though he is making personal sacrifices in his endeavour to carry out the wishes of the testator circumstances preclude him from giving that efficient service which the estate demands. A trustee in this position is well advised to transfer his responsibility to the Public Trustee. Numbers of private trustees have in this way secured peace of mind for themselves and security for the property entrusted to their charge. The reason is plain to »e; the Public Trust Office has the skilled staff, the experience, the equipment to ensure satisfactory management of tate, the administration of which may be ‘quite beyond the powers, of a private trustee. THE PUBLIC TRUST OFFICE Established 1872.
Tho Moeraki, which left Melbourne on tho morning of the 12th instant for Wellington, has on board 21 bags of mail from Australia, three from Africa, and 34 narcel receptacle*.
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Bibliographic details
New Zealand Times, Volume LIII, Issue 12395, 15 March 1926, Page 6
Word Count
212Page 6 Advertisements Column 2 New Zealand Times, Volume LIII, Issue 12395, 15 March 1926, Page 6
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