Trustees and Beneficiaries


U.S. Election: What You Need to Know
Northern Trust
Defying the betting odds and pollster predictions, Donald Trump has pulled off an improbable victory. As an “unknown unknown,” Trump’s election introduces a level of policy
Why 2016 is a Great Year to Give
Schwab Charitable Fund
In 2015 charitable giving rose to $373 billion in the United States, driven by an almost $10 billion increase in gifts from individuals which represent over 70% of total giving. This year individual
Election Results May Provide Opportunities for Major Tax Law Changes in 2017
PwC Private Company Services
The results of the 2016 elections for control of the White House and Congress will have a significant impact on the direction of tax reform over the next four years. President-elect Trump and the
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
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
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
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
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