Private Trust Companies


The Entrepreneur’s Trust
Northern Trust
Rather than viewing trusts as a mechanism to protect beneficiaries from the dangers of wealth, what if trusts were viewed as vehicles to “ignite a fire” within the next generation?
Teaching Your Old Trust New Tricks: How to Modify an Irrevocable Trust
Northern Trust
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 in a better fashion.
Could You Benefit from a Spousal Lifetime Access Trust?
Irrevocable trusts are a great way to minimize estate taxes and keep more of your wealth in the family, but they require you to permanently give up ownership and control of the assets you place in
Ten Minute Interview: Recent Legal Developments and What They May Mean for You
Foley & Lardner
During this interview, attorney Jason Kohout shares the legal developments and highlights from his panel discussion on the regulatory, trust, tax, and estate planning update at the Family
Tennessee Legislature Approves Enhancements to Uniform Trust Code
Holland & Knight
In collaboration with a consortium of interested parties, including Holland & Knight attorneys, the Tennessee legislature has made significant strides toward securing and maintaining the state
You’ve Been Asked to Be a Trustee
Being asked to oversee a family trust is a big deal. It’s a huge responsibility, and one you may not feel prepared to accept. Even if you’ve participated in or been exposed to the world
Why Engaging a Corporate Trustee Could Benefit You and Your Family
Choosing a trustee is a major decision—one that may impact you and your family in many ways for generations to come. Essentially, when you establish a trust for the benefit of others, you are
State Income Tax Planning with ING Trusts
Baker Tilly
Residents in 43 states pay state income tax, with the highest rate being 13.3%. When combined with the top federal marginal tax rate and the net investment income tax, residents subject to the
Ten Minute Interview: How to Mitigate Trustee Liability
Foley & Lardner
Beginning with the trustee fiduciary duties to the beneficiaries of a trust, attorney Abbey Magnuson of Foley & Lardner’s Estate & Trusts Practice Group discusses ways to mitigate
Why GST Tax is Relevant for Non-US Trusts
Kozusko Harris Duncan
Non-U.S. families establishing succession planning structures rarely think about the U.S. generation-skipping transfer (GST) tax. Nevertheless, when a foreign trust becomes a U.S. domestic trust so