Trustees and Beneficiaries


Post-Election Tax Policy Update: Trump’s Win Expected to Bring Tax Law Changes
Plante Moran National Tax Office and Wolters Kluwer
Donald Trump’s election as the 45th President of the United States on November 8 is expected to bring changes to the tax laws for individuals and businesses. President-elect Trump had made tax
Economic & Market Commentary: Post 2016 Election Comments
Rick Pitcairn, II, Chief Investment Officer
On November 9, 2016, many Americans woke up to (or stayed awake for) an unexpected election outcome. As of that day, the downside for the DOW and the S&P 500 Index appeared to be less than the
Guide to Tax and Wealth Management 2017
PwC Private Company Services
Individuals and families that manage their wealth wisely tend to take an active role in doing so. Rather than leave everything in the hands of an advisory team, they make sure they’re
Private Trust Companies: A Practical Introduction to a Bespoke Solution
Miles C. Padgett
Private trust companies are not a new phenomenon.  Rather, over the past 25 years, they have increased dramatically in number, with hundreds of major, family-controlled trust institutions now
Panama Papers and US Initiatives to Identify Beneficial Owners
Jennie Cherry and George Harris Jr.
In early April 2016 files leaked from a large Panama-based law firm (known as the ‘Panama Papers’) brought to the attention of many the ways in which offshore companies and structures can
The Private Trust Company Comes Back on Shore – In the United States
John Duncan
Today’s PFTCs bear little resemblance to ‘private trust companies’ of the 1990s, the gestation era for the PFTC. The modern US PFTC also differs markedly from a third form of
FATCA Documentation for US-Based Trusts
Jennie Cherry, Stanley A. Barg, Rashad Wareh and George Harris Jr.
Even though a trust may be established under the laws of a US state and have a US trust company serving as trustee (hereinafter a ‘US-based trust’), this does not mean that it is a US
Issues Family Offices Face When a Client Marries a Noncitizen
J. Andrew P. Stone and Olivia S. Brennan
Most family offices that serve U.S. families are well aware that special planning considerations can arise when a U.S. citizen family member marries a noncitizen. Should the client’s estate
2016 Year-End Tax Digest
Plante Moran
From a tax perspective, 2016 was a relatively calm year. But this relative calm shouldn't create complacency. Instead, it creates two significant opportunities for year-end planning. First, you
Common Reporting Standard Considerations for FATCA-Compliant Trusts
Kozusko Harris Duncan
The Foreign Account Tax Compliance Act (FATCA) is in full swing. Non-US financial institutions have completed reporting of US account holders for tax year 2014 and will soon begin compiling for their