John P.C. Duncan

P.C. Duncan
The MDT, Defined 
The model for a managing directed trustee (MDT) comes from organizations like family offices and private trust companies (PTCs) that evolved, in part,
Multi-Participant Trusts Need a Coordinator 
Multi-participant trusts1 have become immensely popular. These trusts replace the single, all-powerful trustee with a host of independent decisionmakers,
Breaking the PTC Logjam 
The logjam that for eight years has checked the pace of private trust company (PTC) creations will be dislodged when the Internal Revenue Service finalizes
Anticipated: Ruling on PTCs 
In the past dozen years, spurred by the Prudent Investor Act and other major new trust laws, families with substantial trust assets (typically $100 million
Master and Commander 
Just 20 years ago, a sophisticated family plan might have employed a single trust, subdivided into two or perhaps three sub-trusts. A sole individual
The Private Trust Company: It Has Come of Age 
In the late 1980s, not long after I took my traditional bank-and-trust-companies practice to the new Chicago office of a mega law firm, Jay Hughes, generations-bridging
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