Private Trust Companies


Liability Protection for Family Enterprise Directors & Trustees: Strategies to Attract and Retain Talent
Linda Bourn, Crystal & Company
Until recently, many families filled key governance roles associated with their trust and estate planning with trusted friends, colleagues, or advisors who were flattered to be asked and honored to
Keeping a Private Family Trust Company Compliant
Amantha T. Butler, BNY Mellon Wealth Management
Without proper management, a private family trust company (PFTC) can be exposed to costly litigation and the potential for significant liability. Theft, inappropriate exercise of fiduciary oversight
Who Can I Trust to Be My Trustee?
Mark Harder, Warner Norcross & Judd
The legal qualifications for a trustee are simple: he/she must be over the age of 18 and legally competent to manage his/her own affairs. The practical qualifications, however, are much more
The Evolution and Challenges of the Trust Industry
Jeffrey C. Wolken, Wilmington Trust
The role of the trustees has evolved rapidly, and there has been a transition in the investment standards guiding trustees from being a “prudent man” using legal lists to being a “
Creating Great Beneficiaries by Developing Robust Distribution Processes
The Beneficiaries Relations Committee (BRC) is the “it” name for the committee person or persons determining trust distributions to the beneficiaries. The BRC, however, is not just making trust
Six Reasons Why Delaware Trusts Should be Considered in an Estate Plan
You’ve built a valuable and successful business through hard work, long hours and countless decisions. You want to plan for transitioning the company, and the wealth you’ve created to
Powerful Trust Planning Opportunities in 2017
South Dakota Trust Company
Many powerful trends are taking place in 2017. While much is still unknown in regard to what actions the new Trump administration and GOP-led congress will take towards the estate tax, planners have
Selecting Modern Trust Structures Based on a Family's Assets
Al W. King III and Pierce H. McDowell III, South Dakota Trust Company
Trusts have grown enormously in popularity since the mid-1990s as a result of the development of modern trust laws, the dramatic increase in wealth and evolving family needs and goals. Modern trust
Flexibility in Trust Planning
Patrick E. Beaudry and Amy L. Jucoski, Abbot Downing
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.
The Private Family Trust Company: The Most Customized Financial Institution Ever Devised
John P.C. Duncan, Kozusko Harris Duncan
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. A cynic might suggest families want that