Page 890 Advertisement 2

Progress, Volume VII, Issue 2, 1 December 1911, Page 890

Further large reductions now made in costs of administration The PUBLIC TRUST OFFICE seeks to be merely self-sup-porting Public Crust Office STATE GUARANTEE Value of Estates in the Office—Over EIGHT MILLIONS Sterling Estates, when’ converted into cash and held for beneficiaries, are credited with Interest, which is capitalised yearly, and is free from all office charges. The interest accrues without break or interruption until the Capital is paid over. CAPITAL AND INTEREST GUARANTEED BY THE STATE THE PUBLIC TRUSTEE can be appointed Executor and Trustee of the Will or Codicil of any person in New Zealand or elsewhere. Advice as to the making of wills given free from charge. Liberal advances are made to beneficiaries again their prospective shares THE PUBLIC TRUSTEE can be appointed Trustee in place of previously appointed Trustees or in place of persons who wish to be relieved of their trusteeship THE PUBLIC TRUSTEE can be appointed Trustee for Marriage Settlements, Money Trusts, Sinking Funds and other trusts THE PUBLIC TRUSTEE can be appointed assignee or trustee of assigned estates or deeds of composition with creditors ' THE PUBLIC TRUSTEE undertakes the Management of Property as Attorney or Agent. THE PUBLIC TRUSTEE administers Intestates Estates* Lunatics’ Estates, and Unclaimed Lands LOANS The Public Trustee has ample funds for Investment on First Mortgage of Freehold' and certain Government Leasehold Securities, at lowest current rates of interest Liberal terms for repayment. . Loans are granted on flat mortgage for a fixed term, or on the instalment system for various periods under which each half-yearly repayment consists of principal and interest actuarily computed so that at the end of the period the whole loan is paid off. To encourage thrift, loans are also granted for fixed terms on a modified instalment system under which a small part of the principal is repaid with each half-yearly payment of interest so that at the end of the period the principal has been reduced. No procuration fee or commission is charged on a loan, and, to avoid them, applicants should apply directly to the Head Office, or to any District Manager or Agent when application forms will be supplied and, if desired, filled up. OFFICE CHARGES The Charges of Administration are fixed on the lowest possible scale as the Office is not run for profit but seeks to be merely self-supporting. ’ There is a well equipped legal staff, which does without cost, nearly all the legal work connected with estimates. For example : No charge is made for preparing Wills or for obtaining Probate or administration, or for passing the Stamp Accounts or for advising on the numberless questions that are continually arising in the course of administration. • ■ Speaking generally, it may be said that no law costs are charged except in proceedings before the Court, and even then they are much lower than would be charged bv an outside Solicitor. . ■ * For full particulars apply to THE PUBLIC TRUSTEE, Wellington, or to any of the District Managers or Agents in New Zealand writing to Advertisers.