Children Trust Services

Clients come to the Public Trustee:

When a child receives a life insurance settlement or money from an estate and there is no one available to mange that money the Public Trustee can be called upon to make investment decisions and to manage the money on behalf of the child.

The court can order that money payable to a child be held by the Public Trustee until the child reaches the age of majority.  In New Brunswick, that would be when the child turns 19.

The Public Trustee acts on behalf of the child:

The Department of Finance acts as an investment partner for the Public Trustee to provide security and growth opportunities for money held in trust. In some instances, the Public Trustee may agree to release money from the trust for things which are considered to be in the best interest of the child.