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A Private Trust Company (PTC) is a company formed to act as Trustee to a number of trusts, either for the benefit of a single family, or for distinct (but related) family groups.
The PTC takes on the trusteeship of the various family trusts and act as the registered owner of their assets.
A PTC provides:
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an elegant solution for a family situation where a greater degree of control over the Trust assets is required
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flexibility in investment decision making process and allows members of succeeding generations to sit on the Board and take part in running the family business.
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