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Private Trust Companies (PTC)

A Private Trust Company acts as the trustee of a specific trust or a number of family related trusts. The main advantage of a PTC is that it enables settlors or settlors' family members or their appointees to retain a significant degree of control over trustees' decisions by being directors of PTCs.

PTCs offer the ability to establish long-term, multigenerational trustee arrangements in much the same manner as a corporate trustee does, but without any licencing requirement.

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