Webinar - Two Options Demystified: Private Family Trust Company and Family Bank Dynasty Trust

Overview

Wednesday, May 23, 2012 - 03:00pm to 04:30pm CDT

Creating a Private Family Trust Company (PFTC) may be the perfect solution for a family who values flexibility and control or family office looking to comply with the SEC regulations.  Join us on this webinar to gain practical insights from industry experts on how to form and structure a PFTC, how they operate and the benefit to families.  Many people think this option is too expensive, listen in to find out actual start up costs and the cost of ongoing operations. 

The second part of the program will focus on another unique planning technique called the Family Bank Dynasty trust.  Learn about the advantages, drawbacks and potential impact this technique has on effective wealth transfer.  We will discuss the various structuring options and strategies to leverage Family Bank Dynasty trusts.  This program will incorporate examples and case studies that exemplify key points. 

Recommended for: 
Family office executives and staff

  • Speaker(s)

Al King, South Dakota Trust 

Al W. King III is based in New York City and the Co-Founder, Co-Chairman and Co-Chief Executive Officer of South Dakota Trust Company, LLC (SDTC), South Dakota Planning Company, LLC (SDPC) and the Estate Planning Institute (EPI). South Dakota Trust Company is a national trust boutique for the wealthy based out of Sioux Falls, South Dakota serving clients nationally and internationally.  

Pierce H. McDowell, South Dakota Trust

Pierce H. McDowell III is currently the Co-Founder, Co-Chairman and Co-Chief Executive Officer of South Dakota Trust Company, LLC and South Dakota Planning Company, LLC. The former is a national trust boutique and financial advisory company for the wealthy based out of Sioux Falls, South Dakota and the latter an estate planning consulting firm based out of New York City. Mr. McDowell was formerly the Co-Founder and President/Chief Trust Officer of Citicorp Trust South Dakota. Due to South Dakota's attractive trust and tax legislation, Mr. McDowell is responsible for servicing the trust and estate needs of clients across the United States and world in the creation and movement of trusts to South Dakota.

Matthew Tobin, South Dakota Trust

Matthew Tobin is the Managing Director/Legal Counsel of the South Dakota Trust Company, LLC in Sioux Falls, South Dakota. His primary responsibilities include management of the firm’s Private/Public Trust Company business, business management, legal, human resources, and public relations/legislation.  He also serves as President of SDTC Services, LLC which provides consulting services to the nondepository trust company industry, and serves as Director of the SDTC Foundation. In addition, Mr. Tobin also serves on the Board of Directors for numerous private and public trust companies.