A trust company can perform the various functions of trustee better than an individual. As a corporation its existence is not limited, so that it can carry through to the end any trusts committed to it, whereas the individual trustee may die or become incompetent, making it necessary to instal another trustee, with incident delay and expense. The convenience of the creator of the trust and the public is enhanced when a trust company acts as trustee rather than an individual, since it has a regular place of business, well known and open every business day. It has all the facilities for executing trusts efficiently - an organization, expert officers, a clerical staff, a legal department, a good bookkeeping and auditing system, safe-deposit vaults, a wide clientele, and so forth. To this work it gives its almost exclusive attention, whereas an individual trustee is prone to make his trust secondary to his own business. Furthermore, the trust company is expert in the law of trusteeships and has had long experience in handling them; its customers who have created trusts with it get the benefit of its legal advice and investment ability, and thus the income from the trust is likely to be higher and the expenses lower; and the trust company is able to make temporary loans to the advantage and preservation of the estate. Finally, the trust is much safer in the hands of a company, which executes the estate in an impersonal way, free from the personal prejudices and biases common to individual trustees; which also provides a capital and surplus to protect its customers; and which desires to perpetuate the good-will of the institution. Such influences as these make for additional security.