The public trustee is an office established pursuant to national (and, where applicable, state or territory) statute, to act as a
trustee, usually where a sum is required to be deposited as security by
legislation, where courts remove another trustee, or for
estates where either no
executor is named by
will or the
testator elects to name the Public Trustee.
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A person (usually a barrister or solicitor) appointed
by the Lord Chancellor as
i) trustee for trusts managed by the Public trust Office;
ii) Accountant General for Court Funds;
iii) Receiver (of last resort) for Court of Protection patients
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