Offshore: In good company
Jersey is hoping to take advantage of the rising popularity of private trust companies by amending its legislation governing them, enabling it to compete more effectively in the international marketplace. Zillah Howard reports
The private trust company (PTC) is a useful and increasingly popular vehicle to consider in the planning and establishment of trust structures for wealthy families and is frequently being used as an alternative to other options such as the reservation of powers by the settlor or the involvement of a third party in the role of protector.
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