The Answer to Family Office Regulatory Reform – The Private Family Trust Company
Overview
As a result of the Wall Street Reform and Consumer Protection Act, the private family trust company (PFTC) has becomie a very popular vehicle to provide not only Family Office SEC exemption but also trust administration to the ultra wealthy inter-generationally and several additional tax and non-tax advantages. This memo identifies several of the key issues to be aware of in selecting a PFTC state.