Networks - PFTC

Patrick E. Beaudry and Amy L. Jucoski, Abbot Downing
Friday, September 22, 2017

The use of trusts for long-term planning can provide many benefits; however, setting up a trust at one point in time to cover all potential future circumstances without flexibility is not advisable.

John P.C. Duncan, Kozusko Harris Duncan
Thursday, September 14, 2017

The raison d’être for families to form a Private Family Trust Company (PFTC) is to maximize their lawful control over their wealth held in trust.

Waller Lansden Dortch & Davis
Thursday, September 7, 2017

The ownership and governance structure of a private family trust company (“PFTC”) is highly customizable. This is important because all families are different, with different goals, family dynamics, asset composition, family sizes, and family affiliates.

John M. Bunge, Waller Lansden Dortch & Davis
Friday, August 25, 2017

A Private Family Trust Company (PFTC) should be aware of its potential for liability and the ways in which liability can be limited or controlled.

Waller Lansden Dortch & Davis
Friday, August 25, 2017

Migrating trusts from state to state can be challenging. Use this decision tree as a resource when transferring trust situs from one state to another or when modifying a trust agreement following migration to a new state.

Aaron B. Flinn, Waller Lansden Dortch & Davis
Wednesday, July 19, 2017

In the coming years, it is likely that Trustees will be asked increasingly by beneficiaries to invest trust assets with an objective of advancing social or charitable causes, as opposed to achieving economic gains, as the trend of impact investing is expected to continue to grow.

Aaron B. Flinn, Waller Lansden Dortch & Davis
Friday, June 30, 2017

Given today’s litigious society, Trustees should always ensure they are acting prudently in administering trusts by keeping an eye on inadvertently exposing trust assets to creditors.

Wilmington Trust
Monday, June 19, 2017

For decades, Delaware has led as an innovative and flexible jurisdiction for establishing and administering personal trusts. There are five reasons to explore the First State as the premier location for your new or existing trust—even if you don’t reside in the state.

Richard T. Hills, Waller Lansden Dortch & Davis
Monday, June 12, 2017

The Board of Directors plays a pivotal role in the effective governance of the private family trust company (PFTC). They are responsible for overseeing management, providing organizational leadership, and establishing core corporate values.

Marianne W. Young, President and Rachel J. Sherman, Vice President, Client Service – Market Street Trust Company
Wednesday, June 7, 2017

As Market Street Trust Company reaches the 30-year milestone as a private trust company, Marianne Young, President, and Rachel Sherman, Vice President, Client Service, discussed the evolution of Market Street’s early leadership, governance, and services to its current form as a shared family offi