United Kingdom and Australia
There is a public trustee in each state and territory of Australia and a similar national position exists under English law. The public trustee primarily performs the role of trustee of deceased's estates where no executor is appointed, or the executor declines to act (and no other person is appropriate). Some public trustees also provide a free or inexpensive service for drawing wills (receiving remuneration upon administering the estate). The public trustees also manage the estates of infants (such as in cases where they receive a damages settlement), prisoners, and others under a disability (legal or otherwise), when required. The public trustee may also act as trustee of unclaimed property in some states (Australia).
Read more about this topic: Public Trustee
Famous quotes containing the words united, kingdom and/or australia:
“Next to the right of liberty, the right of property is the most important individual right guaranteed by the Constitution and the one which, united with that of personal liberty, has contributed more to the growth of civilization than any other institution established by the human race.”
—William Howard Taft (18571930)
“The kingdom of heaven is like treasure hidden in a field, which someone found and hid; then in his joy he goes and sells all that he has and buys that field.”
—Bible: New Testament, Matthew 13:44.
“It is very considerably smaller than Australia and British Somaliland put together. As things stand at present there is nothing much the Texans can do about this, and ... they are inclined to shy away from the subject in ordinary conversation, muttering defensively about the size of oranges.”
—Alex Atkinson, British humor writer. repr. In Present Laughter, ed. Alan Coren (1982)