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 its proposed revenue ruling, perhaps as soon as the end of this year.1 Once it's gone, expect a flood of PTC formations propelled by pent-up demand among wealthy families who've waited for clarification of their federal tax implications. Exactly

John P.C. Duncan, Michael R. Conway | Sep 01, 2008

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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 its proposed revenue ruling, perhaps as soon as the end of this year.¹ Once it's gone, expect a flood of PTC formations — propelled by pent-up demand among wealthy families who've waited for clarification of their federal tax implications.

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