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Trust


Our entire civilization relies on the operation of trust in one form or other – from “Can I trust her with my life?" to “Can I trust him to remember to take out the garbage?"

In the legal and financial world the technical context of trust has, over the years, produced laws and precedents which govern our everyday lives and our everyday deaths.

The Public Trustee shares part of the title with the Trustee in Bankruptcy and the millions of holders of a Power of Attorney given by a friend or relative demonstrate how important the concept of trust, both legal and personal, is in our society.

Those of you who love history will find it interesting that the concept of a Trustee acting for you originated in England with the local Bishop acting as Trustee for a family. Why? To avoid inheritance tax of course.

Very inventive those early Britons.