PFTC

Families typically have three options when they select a trustee to serve as fiduciary of their Wyoming trusts. There are two traditional options: an institutional trustee, such as a trust company, or an individual trustee, such as a trusted advisor. In either case, these traditional trustees may not meet all of a family’s unique goals […]

Many ultra-high-net-worth families have heard of the benefits of establishing a private trust company to serve as trustee of their trusts. (We prefer “private family trust company” or “PFTC”) . However, they might not understand the nuanced best practices on forming a PFTC. This blog explores some of the legal and structural issues that families […]