The Administration of Estates And Trusts

Cover The Administration of Estates And Trusts
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Frequently his finan- cial responsibility is insufficient to enable him to make good. The Trust Company, on the other hand, with its large capital and surplus, is fully responsible.
[16] The Importance of Making A Will The Importance of Making a Will By making a will You exercise your 'personal choice between the individual and the Trust Company to administer the estate.
You have the opportunity of leaving pro- perty in trust for a wife, children or others (thus safeguarding it against waste or
... bad management) .
You save delays and expenses by doing away with the redtape involved under the appointment of an administrator by the Court.
You avoid danger of family disagreement over the appointment of an administrator.
You have the opportunity to exercise your preference as to the appointment of a Guard- ian for your children.
You can protect your heirs from the hard- ship of having to assume business respon- sibilities for which they may not be fitted.
In making a will and appointing the United States Mortgage & Trust Company as execu- tor, you entrust to the care of a body of respon- sible, experienced specialists the handling of an intricate business and the legal procedure connected therewith.


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