Page 31 Advertisements Column 2

Waikato Times, Volume 119, Issue 9817, 22 February 1936, Page 31 (Supplement)

The burdens and perplexities op Trusteeship THE appointment of the Guardian Trust in many cases has, to harassed Trustees, brought welcome relief from the onerous burden of Private Trusteeship. Estate administration, with its exacting requirements, calls for specialised knowledge, ample financial resources and unlimited time. In appointing you as trustee of his estate, a friend may imagine he is paying you a compliment—but at its best, it is indeed a doubtful one. It is soon realised that Trusteeship is an extremely exacting position, requiring a thorough knowledge of legal conditions, a wide business experience, sound judgment and the acceptance of complete financial responsibility. With over half a century of practical experience in the administration of estates, the Guardian Trust is in 'a unique position to relieve you of all worry in the matter of private trusteeship. The Guardian Trust’s permanent existence, its financial resources, strict impartiality and ready accessibility have been the means of consolidating assets and ensuring substantial economies in the administration of estates. If you so desire, you may still retain the position of Advisory or Co-Trustee. Make an appointment to-day for a confidential discussion with the Manager, and rest assured that in doing so you will be acting in the best interests of all concerned. COST OF ESTATE ADMINISTRATION The maximum charge the Guardian Trust can make it only HALF as much as a Private Trustee may be allowed by law. For instance, the charge on an estate valted at £5,000 earning 4% per annum from debentures and shares, etc.— and with a life interest to the widow who lives 20 years after Testator's death, is only £ll-5-0 per annum far less a sum than would be allowed a private trustee. And this covers both capital and income commission, and includes the whole administration charges and the cost of keeping of estate accounts, auditing, etc., too. The C U AKD lAN TMIST & Executors’ Company of New Zealand Limited (Incorporated by Special Act of Parliament, 1883). Capital: £IOO,OOO invested in N.Z. Government Securities. Additional Liability of Shareholders: £IOO,OOO. Head Office: South British Insurance Building. Shortland St., Auckland. Branches and Agents Throughput the Dominion.

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