51
In forcePublic trustee may hold property to which mentally incapable beneficiary is entitled
Part 4Powers as personal representative, trustee etc.
51 Public trustee may hold property to which mentally incapable beneficiary is entitled
Where it appears to the public trustee on reasonable grounds that a person who is beneficially entitled to property that is held by the public trustee, including an interest in an estate under administration, is not mentally capable of giving a good discharge for the property and the value of such property as estimated by the public trustee does not exceed $75,000, the public trustee may, subject to any order of the court, retain the property on trust for that person, with power to apply it for his or her maintenance, education and advancement.
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