All in the family: ownership and management options for private trust companies

被引:0
|
作者
Dash, Jan [1 ]
机构
[1] Liburd & Dash, Law Firm, POB 456, Nevis, West Indies, Scotland
关键词
D O I
10.1093/tandt/ttt103
中图分类号
D9 [法律]; DF [法律];
学科分类号
0301 ;
摘要
The author addresses the development and growing use of private trust companies (PTCs) by high net-worth persons and their families for estate-planning purposes, and discusses three options for the ownership and management of these 'family office' structures. The article explores direct ownership and management of the PTC by the client and indirect ownership using a purpose trust, which is the most popular method and concludes by introducing a new approach utilizing a Nevis multiform foundation.
引用
收藏
页码:650 / 657
页数:8
相关论文
共 50 条
  • [41] Firing managers: The benefits of family ownership and costs of family management
    Tsao, Chiung-Wen
    Le Breton-Miller, Isabelle
    Miller, Danny
    Chen, Shyh-Jer
    JOURNAL OF FAMILY BUSINESS STRATEGY, 2021, 12 (03)
  • [42] The Impact of Ownership Characteristics and Gender on Earnings Management: Indonesian Companies
    Widagdo, Ari Kuncara
    Rahmawati
    Djuminah
    Arifah, Siti
    Goestjahjanti, Francisca Sestri
    Kiswanto
    JOURNAL OF RISK AND FINANCIAL MANAGEMENT, 2023, 16 (01)
  • [43] Effects of family ownership and family management on the performance of entrepreneurial firms
    Reddy, Krishna
    Wellalage, Nirosha Hewa
    RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE, 2023, 65
  • [44] Family ownership, family management, and multinationality: Evidence from India
    Mondal, Arindam
    Ray, Sougata
    Lahiri, Somnath
    JOURNAL OF BUSINESS RESEARCH, 2022, 138 : 347 - 359
  • [45] All we need is trust: trust and human resource management
    Kidron, Aviv
    Tzafrir, Shay S.
    Meshoulam, Ilan
    TEAM PERFORMANCE MANAGEMENT, 2016, 22 (3-4) : 139 - 155
  • [46] Family involvement in management in private businesses and the effect on professional managers' psychological ownership: A new explanation of the sense of "us"
    Zhu, Hang
    Zhang, Pengxiang
    Han, Xiaoyan
    Huang, Ting
    NANKAI BUSINESS REVIEW INTERNATIONAL, 2018, 9 (02) : 225 - 243
  • [47] Dispersion of family ownership and the performance of small-to-medium size private family firms
    De Massis, Alfredo
    Kotlar, Josip
    Campopiano, Giovanna
    Cassia, Lucio
    JOURNAL OF FAMILY BUSINESS STRATEGY, 2013, 4 (03) : 166 - 175
  • [48] The roles of family ownership and family management in the governance of agency conflicts
    Purkayastha, Saptarshi
    Veliyath, Rajaram
    George, Rejie
    JOURNAL OF BUSINESS RESEARCH, 2019, 98 : 50 - 64
  • [49] The Impact of Family Ownership, Management, and Governance on Innovation
    Matzler, Kurt
    Veider, Viktoria
    Hautz, Julia
    Stadler, Christian
    JOURNAL OF PRODUCT INNOVATION MANAGEMENT, 2015, 32 (03) : 319 - 333
  • [50] Family Ownership and Impression Management: An Integrated Approach
    Bozzolan, Saverio
    Imperatore, Claudia
    Mattei, Marco
    EUROPEAN ACCOUNTING REVIEW, 2024, 33 (03) : 1025 - 1050