About Private Trust Companies
A Private Trust Company is a company formed for the specific purpose of acting as trustee of a single trust, or a group of related trusts. Family members may participate in the management of the company by way of trust committee, and therefore, can have input into the decisions that need to be taken by the Private Trust Company as trustee. Private Trust Companies provide a means by which a trust settler can retain a greater degree of control over the affairs of a trust without compromising its validity.
Why a Private Trust Company?
- Reserved powers to the Settlor allowing closer involvement
- Efficient and secure structured solution for assets
- Flexible structuring which can be changed to accommodate a clients requirements