Planning Techniques for Large Estates 2022- Part 5

This course is updated yearly and tailored to the unique perspective of large estate planners. Included Topic: Private Trust Companies Private Trust Companies (PTCs) provide a welcome solution to high net worth families who wish create an institutionalized structure for trust and fiduciary services. PTCs offer families the ability to maintain control of the family’s estate planning while providing a formal architecture that serves the business of the family's estate planning. However, regulatory oversight presents a threat to the continued growth of PTCs. This session will look at: the benefits of the private trust company structure; how PTCs are grappling with the scope and implementation of anti-money laundering requirements; the Corporate Transparency Act and new privacy concerns.