New CLE on Wyoming Private Trust Companies

What is a Private Trust Company? How does it work? What are the advantages of setting up the PTC in Wyoming? Private trust companies have become an increasingly popular estate planning tool for managing dynastic wealth – but is a Private Trust Company a good fit for your clients?

What Is a Private Trust Company?

A PTC is a state-chartered entity designed to provide fiduciary services to members of a family. PTCs can perform many responsibilities commonly performed by the family office, including investment and financial management, accounting, and recordkeeping. A PTC is distinct from a “family office” in that it can serve as a fiduciary under state law.

In this CLE course Matthew and Christian Grupp, father and son, will teach you about the key considerations when deciding if a Private Trust Company can be a profitable structure for your clients. Matthew and Christian mainly cover how a Private Trust Company is organized in Wyoming, how the Private Family Trust helps all the parties involved, legal, regulatory & tax considerations, safeguarding assets, utilizing technology & the Entole Solution. To access the course please click here: Is a Private Trust Company Right for Your Clients?.

These additional topics are also addressed:

  • Planning considerations
  • Planning pitfalls
  • Governance
  • Processes
  • Legal structures
  • Federal & state regulatory considerations
  • “Heir conditioning”
  • IRS Notice 2008-63
  • Physical considerations
  • Recommended fiduciary policies & procedures

Matthew Grupp’s practice focuses on assisting families to achieve their enlightened dreams through Comprehensive and Integrated Wealth Strategies and Family Governance programs.  Over the last decade, Christian Grupp has accumulated a wealth of diverse skills and abilities, including estate planning & trust practices, law, financial, and consulting practices.

This CLE course is offered in the following states:

  • Alaska (AK)
  • Arizona (AZ)
  • California (CA)
  • Connecticut (CT)
  • District of Columbia (DC)
  • Illinois (IL)
  • Maryland (MD)
  • Massachusetts (MA)
  • Michigan (MI)
  • Missouri (MO)
  • New Hampshire (NH)
  • New Jersey (NJ)
  • New York (NY)
  • North Dakota (ND)
  • Pennsylvania (PA)
  • South Dakota (SD)

Attorney Credits offers CLE for attorneys in California and around the country. For more information about CLE in California please click the following link: CA CLE.