After the passing of a loved one, emotions are often raw. As a result, it is important that the administration of the estate is carried out in a fashion which best suits the needs of the deceased’s family.
If in a deceased’s Will a trustee company is appointed executor to administer the estate the administration is likely to be carried out in accordance with that companies’ policies and needs and not the wishes of the deceased’s family.
The choice, for example, of an agent to sell real estate is likely to be decided from a list kept by the trustee company. Family heirlooms and memorabilia may also be distributed or sold according to the trustee company’s policies and not necessarily the family’s wishes.
A Will should be drawn to reflect your personal wishes and ensure that your personal wishes are carried our after you passing.
If you know someone who is thinking of having a trustee company draw their will or they have a Will with a trustee company, tell them to contact Angas Lawyers.
We can make sure that their wishes and their family’s wishes are carried out with care and compassion.