Are you prepared for the unexpected? It's a tough question, but one that many families face when dealing with the aftermath of a loved one's passing. In Fiji, the Public Trustee Corporation Limited is urging families to take proactive steps to avoid delays in estate administration. With over 5,000 wills and 1,300 estates under their administration, the corporation is highlighting the importance of families knowing where their loved one's will is lodged.
The chief executive, Ajay Singh, emphasizes that many families are unaware of the existence of a will with the Public Trustee, which can lead to confusion and delays during the administration process. Singh explains that the corporation actively monitors daily death notices to identify deceased clients and notify next of kin where possible. However, if family members are unaware of the will's existence, they may turn to the courts, only to discover the will is registered with the Public Trustee.
This is where things can get tricky. The Public Trustee Corporation Limited is urging the public to inform family members if they have prepared a will and to ensure that key details are known. This is because there are two ways to appoint a trustee: either the Fiji Public Trustee or a person who trusts someone else. By being proactive and transparent, families can avoid unnecessary delays during an already difficult time.
So, what can you do to prepare? First, consider creating a will and ensuring it's registered with the Public Trustee. Second, inform your family members about the existence of the will and key details. By taking these steps, you can help ensure a smooth and efficient estate administration process, even in the face of tragedy. Remember, it's better to be prepared than to face delays and confusion later on.
