Excerpt from Wills, Estates, and Trusts: A Manual of Law, Accounting, and Procedure, for Executors, Administrators, and Trustees The purpose oi this book is to provide a working manual for executors, administrators, and trustees, and for all others who hold property in trust. It is estimated that everything held in private possession changes ownership by reason of death, approximately three times each century. On its way, the greater part of this property passes through the hands of some executor, administrator, or personal representative of the former owner, and a very large proportion is held for a time in trust for the benefit of dependents or of those to whom it is later to go. These trusts are created most frequently perhaps when property intended to furnish support for widows and minor children is left for long terms to trustees, to hold, manage, and pay over the income. There are excellent reasons, as set forth in the present work, why such trust estates are surer and safer than any other arrangement that can be made to provide for the welfare of a man's family. As it becomes more widely known how readily property may be placed in trust and its income devoted to particular ends, without fear of loss or diversion to other purposes, this method of providing for one's family or for other dependents will increase in favor. The law relating to trusts will then take a proportionately more important place, and a knowl edge oi the rules which govern will become more essential. The present volume is intended to supply this in non-technical form. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.