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The Private Family Trust CompanyThe Private Family Trust Company

The most customized financial institution ever devised

John P.C. Duncan, Partner

February 23, 2017

32 Min Read
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No financial institution charter ever devised provides a greater level of involvement by its customers in its management or a greater range of services it’s empowered to deliver than the private family trust company (PFTC) as it stands today. That charter, and the trust laws it’s designed to take advantage of, are the conscious result of 24 years of work by a large number of dedicated people to integrate the hopes and aspirations of wealthy families for their futures with the legal environments governing their wealth, especially their wealth held in trusts.  

Those family visions are wide ranging and multidimensional, covering multiple branches and generations. They address keeping the family together for generations if possible and build...

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About the Author

John P.C. Duncan

Partner, Kozusko Harris Duncan

John Duncan is a partner in the Chicago office of Kozusko Harris Duncan, private client/wealth management counsel. A former head of Jones Day’s world-wide bank and investment practice, John formed Duncan Associates in 2000 to focus on representing single and multi-Private Family Trust Companies. John has assisted clients in the formation of over one hundred trust companies in 14 states, including national trust banks. He drafted the CSBS Trust Options and drafted or advised on drafting comprehensive trust, trust company and other financial institution and trust laws for Illinois, New Hampshire, Nevada, South Dakota, Tennessee, Wyoming and Florida, as well as federal and state regulations of trust companies.