Webinar - Why Form a Private Trust Company?

Overview

Wednesday, Nov 07, 2018 - 04:00am
Wednesday, Nov 07, 2018 - 05:00am

 

The Private Trust Company (PTC) structure offers the promise and potential to manage and organize increasing complexity within the family enterprise. This webinar will provide an overview of the reasons that families consider a private trust company and benefits experienced once they have been established. If you have been curious about PTCs or considering forming one, please join us as we address:

  • The evolution of private trust companies as a strategic structure for family enterprises
  • Why private trust companies are an attractive option for family’s with significant wealth
  • Considerations on when to form a PTC
  • Benefits from forming a PTC

 

 

***Those that attend this webinar and complete the conditions of participation are eligible to receive 1 hour of CPE credit.

    Miles Padgett, Partner, Kozusko Harris Duncan

    Miles is a partner in the firm’s Washington, D.C., office.  Miles focuses on tax, business and regulatory planning for family offices and their family member clients, tax planning for managers of private equity and other investment funds, and on the chartering and management of private and retail trust companies for highly successful, strategic families and domestic and international financial institutions.  Miles routinely writes and speaks on the topics of family governance, wealth management, and structuring and regulatory matters.

    In addition to being a lawyer, Miles spent over 5 years as an investment consultant focusing on asset allocation and manager search and selection.

    Miles earned a Bachelor of Arts degree, with distinction, from Cornell University and a Juris Doctor degree from Vanderbilt University, where he was a member of the Vanderbilt Journal of Transnational Law.

    Matt Tobin, COO, Legal Counsel, and President of SDTC Services LLC, South Dakota Trust Company LLC

    Matt Tobin is Chief Operating Officer and General Legal Counsel for South Dakota Trust Company LLC in Sioux Falls, South Dakota. His primary responsibilities include business management, legal, risk management, human resources, and public relations/legislation.

    Mr. Tobin also serves as President of SDTC Services LLC, which is also located in Sioux Falls, South Dakota. SDTC Services LLC provides consulting services to the non-depository trust company industry. As President, he is primarily responsible for managing the Company’s Private and Public Trust Company client relationships. Mr. Tobin serves as a board of director and committee member for several private and public trust companies, and has experience and specialized knowledge in the areas of trust company management, organization, compliance, and fiduciary standards.  Mr. Tobin also serves as the Director of the SDTC Foundation, and he is a Board of Director member for the South Dakota Trust Association.

    Sponsors