Trustees and Beneficiaries


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
Limiting Liability Exposure for a Private Family Trust Company
John M. Bunge, Waller Lansden Dortch & Davis
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. This article offers a broad overview of steps a PFTC
The Rise of Impact Investing in Trust Administration
Aaron B. Flinn, Waller Lansden Dortch & Davis
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
Protecting the Family 'Nest Egg'
Aaron B. Flinn, Waller Lansden Dortch & Davis
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. One
Planning for What Comes Next: Estate Planning Instruments and Divorce
Jessica Bank Interlandi, Schiller DuCanto & Fleck LLP
Estate planning is often part of a divorce settlement, and negotiation of these terms can be as integral to the divorce settlement as allocation of parental responsibilities, support issues, or
Private Family Trust Company Research: Select State Trust Laws—Nonjudicial Settlement and Modification Agreements with Virtual Representation
Waller Lansden Dortch & Davis
Private family trust companies have increased in popularity in recent years, and several states have adopted statutes specific to them. This compiled information compares state trust law requirements
Making Sense of Situs for Private Family Trust Companies
This webinar analyzed the meaning and understanding of “situs” as it relates to Private Family Trust Companies, and focused specifically on the concepts of trust company situs, trust situs, and tax
2017 Estate Planning Update
FOX’s annual estate planning review session for 2017 featured Tom Abendroth of Schiff Hardin and Susan Gell Meyers of Warner, Norcross & Judd. They led FOX participants through a thoughtful
Year-End Wrap Up and Post-Election Planning
It is near certain there will be sweeping tax legislation in 2017, but not of the sort many expected. Looking back over 2016, there were a few significant tax changes but many proposals and much
Making Your Charitable Gifts Last
Carol G. Kroch
We often think of Thanksgiving and Giving Tuesday as ushering in the year-end charitable giving season. Year end is not only a time for gratitude, as families gather for the holidays, but also a time