News

Public Trustee takes leaf out of Queensland

Last year, the Queensland Public Trustee prepared 28,272 wills for Queenslanders in Australia. They are also the largest will-makers in the Southern Hemisphere and the biggest Public Trustee in Australia, which has eight Public Trustees – one for each of their state and territories. Read more

TURNING THE PUBLIC TRUSTEE AROUND

Though little known, the office of the Public Trustee, is one of the oldest and richest government departments in the country. Things over the years however, have not gone too well for a department which is supposed to win the ‘Trust’ of the public. According to its 2016 Performance Report to Parliament, it had 1,067 active trusts, 140 active estates and contributed a little over Rs 14 million to the Treasury. From 2012-2014 however, it was contributing an average number of Rs 6 million to the Treasury, even though 35 active trusts and eight active estates were added to its portfolio during the same period. Read more

Sir D.B. Jayatileke’s Last Will… His Legacy – The Office of Public Trustee!

On the corner of Bauddhaloka Mawatha (once known as Bullers Road) and Bullers Lane, lies Thurban House. For many years, it stood, unassuming, and for many people, almost lost in sight. This was until Sanath Weeratne, the Public Trustee, started refurbishing it. This year, they unveiled a statue in front of it. It was the statue of Sir D.B. Jayatilaka - this year was his 150th birth anniversary and tomorrow (29) will be his 74th death anniversary. Read more