Networks - PFTC

Northern Trust
Monday, July 29, 2019

Over the years, many families and their advisers have come to find that the State of Delaware is a trust-friendly jurisdiction that promotes modern laws and attractive income tax advantages.

BNY Mellon Wealth Management
Tuesday, July 23, 2019

There is a growing desire to combat money laundering as part of the ongoing worldwide efforts against terrorism, and a crackdown on tax evasion has been recognized as one way to satisfy the urgent need for more government revenue.

Northern Trust
Friday, July 12, 2019

Simply because the instrument governing your trust states that it is irrevocable and cannot be amended does not mean it cannot be modified to serve your family’s needs and changing circumstances in a better way. There are techniques for improving upon a seemingly hopeless situation.

BDO
Wednesday, July 3, 2019

On June 21, 2019, the Supreme Court of the United States issued a unanimous opinion finding that North Carolina’s imposition of an income tax on trusts based solely on the residence of a trust’s beneficiaries is unconstitutional.

John M. Bunge, Waller Lansden Dortch & Davis
Wednesday, June 26, 2019

A new U.S. Supreme Court ruling in the Kaestner case means that more out-of-state residents will be able to realize fully the benefits of Tennessee's progressive trust laws and zero income tax on non-residents.

Aaron Flinn, Waller Lansden Dortch & Davis
Monday, June 3, 2019

Recent statutory changes in Tennessee law has authorized the separation of the traditional trustee roles by allowing for the appointment of a Trust Advisor (also referred to as a Trust Protector) who can have the authority to “direct” an exercise of a power held by the Trustee, including directio

James J. Steffel, Warner Norcross & Judd
Thursday, May 30, 2019

A Domestic Asset Protection Trust (DAPT) provides an opportunity to protect your assets from the claims of third-party creditors, which makes it a powerful tool to enhance your estate plan. Because DAPTs require giving up some control over your assets, they are not right for everyone.

Justin Vossen, Lutz
Friday, May 10, 2019

Many early-retirement Boomers feel comfortable that their estate plan is in order, having put their estate plan in place when they had younger children. With adult children, and the increase in the estate and gift tax exemption amounts, many feel that there is little planning to be done.

James Grubman, PhD – Family Wealth ConsultingRichard Johnson, Partner – Waller Lansden Dortch and Davis, LLP
Wednesday, May 8, 2019

John M. Bunge, Waller Lansden Dortch & Davis
Thursday, May 2, 2019

When considering which state to form a Private Trust Company (PTC), there are various laws and topics that should be considered, including requirements around annual reporting, residency of personnel, and capital requirements.