Side-by-Side Comparison Of State Private Trust Company Laws Shows Key Advantages By Location

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United States Finance and Banking

John Bunge,Andres Fernandez,Aaron Bradley Flinn

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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.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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