Private Family Trust Company
Our commitment at Pendleton Square is to assist families in establishing and operating a Tennessee-chartered Private Family Trust Company. The Pendleton Square leadership team has extensive experience with this process. That allows us to guide families and their attorneys through the regulatory requirements of establishing a Private Family Trust Company and to provide ongoing support and infrastructure.
What is a Private Family Trust Company?
A private family trust company is a state chartered legal entity that provides trust and fiduciary services to a single-family group.
Tennessee has been selected by many families and their advisors as the jurisdiction for their private family trust companies, based on Tennessee’s favorable trust statutes and income tax structure. Tennessee has demonstrated a commitment to families to offer a jurisdiction which accommodates the unique issues facing a family.