There are numerous laws and regulatory issues to take into account when considering a state in which to form a Private Trust Company (PTC), including requirements around annual reporting, residency of personnel and capital requirements. This report provides a side-by-side comparison of state PTC laws across eight key states, including Ohio, Florida, Texas, Tennessee, New Hampshire, Nevada, South Dakota and Wyoming.
Side-by-Side Comparison of State Private Trust Company Laws Shows Key Advantages by Location
Authors:
JB
John Bunge
JLFI
Joe L. Fernandez III
JPG
Jon P. Gaston
KJ
Kharissa Jacobsen
AAW
Amelia A. White
TJW
Teresa J. Walker
ARTICLE13 August 2024