New Zealand
Although much reduced in size after a series of restructurings in the 1990s, and unsuccessful moves into conveyancing, unit trust like investments and other non-core business, which lead to large losses at the end of the decade, the office has now returned to profit. As at 2005 it held over 330,000 Wills and drafted over 21,000 wills per year, managed 3,500 residential properties, 400 charitable trusts and 30 farms, employing 450 people at 35 offices. Public Trust (New Zealand) was a corporation sole until 2001, when it was moved to a company-like structure called a 'crown entity'.
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