US EditionFamily Office vs. Private Trust Companies: What's the Difference and Which is Right for You?
Summary by Dean Dorton - CPAs and Advisors | Accounting, Tax, Risk Advisory, and Consulting
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Family Office vs. Private Trust Companies: What's the Difference and Which is Right for You?
For families with significant wealth, managing finances, estate planning, and long-term legacy considerations can quickly become complex. Two key structures can help manage the complexities: the Family Office and the Private Trust Company (PTC). While both serve high-net-worth families, they are different in their roles, responsibilities, and the value they provide. Understanding these differences is essential when deciding which approach (or co…
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