At Wyoming Trust Attorneys, we help high-net-worth families protect, manage, and pass down their wealth with confidence. A Private Family Trust Company (PFTC) offers a powerful, flexible solution for families who want greater control, privacy, and efficiency in managing their trusts.

What Is a Private Family Trust Company?

A Private Family Trust Company is a state-chartered entity created to act as trustee for the trusts of a single family. Unlike a public trust company or bank, a PFTC serves only one family and is typically established in a trust-friendly jurisdiction such as Wyoming, Nevada, or South Dakota.

By forming a PFTC, your family gains the ability to centralize trust administration, maintain confidentiality, and make investment and distribution decisions in alignment with your values and long-term goals.

Key Benefits of a Private Family Trust Company

1. - Enhanced Privacy Because a PFTC is privately owned and serves only your family, sensitive financial matters remain confidential — away from public trust company oversight or external decision-makers.

2. - Greater Control Over Decision-Making A PFTC allows family members or trusted advisors to serve as decision-makers, ensuring that trustee actions align with the family’s vision, values, and investment philosophy.

3. - Streamlined Administration Managing multiple trusts through one entity simplifies recordkeeping, reporting, and compliance, saving time and reducing administrative burdens.

4. - Continuity Across Generations A PFTC provides a structure for seamless wealth transfer and ongoing management, ensuring that future generations have a consistent approach to stewardship.

5. - Potential Cost Savings While there are setup and regulatory costs, consolidating trustee services into one entity can be more cost-effective than paying multiple banks or trust companies over time.

Why Work With Our Law Firm to Form a PFTC?

Establishing a Private Family Trust Company involves complex legal, tax, and regulatory considerations. Our estate planning attorneys guide you through every step, including:

- Choosing the right jurisdiction for your PFTC.

- Drafting and filing formation documents.

- Structuring governance to meet both family needs and legal requirements.

- Coordinating with tax advisors for compliance and efficiency.

- Ensuring the PFTC meets ongoing state regulatory obligations.

We provide tailored legal solutions, so your PFTC not only meets legal standards but also serves your family’s legacy for generations.

Start Building Your Family’s Legacy Today

If you’re ready to explore whether a Private Family Trust Company is right for your family, contact Wyoming Trust Attorneys today. Our team will help you design and implement a wealth management structure that protects your assets, preserves privacy, and reflects your family’s values.