Guide
Cayman Islands: Private Trust Companies
20 February 2024
A private trust company (PTC) is a privately owned corporate trustee whose sole purpose is to act as trustee to a trust or group of "connected" trusts (as defined below). The PTC has proved to be a particularly attractive structure for wealthy families who are for example, sensitive to issues of confidentiality, or who wish to retain some control or influence over the administration of the trust assets which may include shares in the family company. PTC's can also be used in a commercial or philanthropic context.
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