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, to support and coordinate a family's trustees and other financial services providers. Family offices coordinate trustees and other participants in multi-participant trusts. Ideally, formal fiduciary support agreements are in place in which the family

The model for a managing directed trustee (MDT) comes from organizations like family offices and private trust companies (PTCs) that evolved, in part, to support and coordinate a family's trustees and other financial services providers.

Family offices coordinate trustees and other participants in multi-participant trusts. Ideally, formal fiduciary support agreements are in place in which the family office agrees that, at the right times, it will provide participants the information th

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