Private trust companies are state-chartered organizations that provide fiduciary services to members of a family. It can only do business with the family, not outsiders. They are a unique option ...

Private high-net-worth families seeking flexibility, control and privacy on fiduciary matters may benefit from forming a trust company. Unlike fiduciary services offered by other professional ...

The popularity of private trust companies (PTCs) is increasing. This is because PTCs offer privacy to families, more flexibility, and potential cost savings when compared to a family office or a ...

Putting a house in trust can give you peace of mind and help keep information about your estate private. Many, or all, of the products featured on this page are from our advertising partners who ...

Anyone who follows our column knows that we like to bring the Internal Revenue Code to life – for good or for bad. In one sense, the “Code” is a funny thing. It defines “family” and “related parties” ...

John P.C. Duncan, principal, Duncan Associates, LLC, Chicago, Ill. In the late 1980s, not long after I took my traditional bank-and-trust-companies practice to the new Chicago office of a mega law ...

If I own or manage a private trust company (PTC), what insurance do I need? This is a great question and, as in many situations, the answer is that it depends. It depends on whether a public trust ...

People who have trusts as part of their estate plans typically will need to show the trust agreement when conducting business on behalf of the trust. Not everyone wants to show their entire trust ...

CHICAGO--(BUSINESS WIRE)--Northern Trust, a leading provider of wealth management services, has been named “Best Private Bank in the U.S.” by Professional Wealth Management and The Banker magazines, ...