Private trust companies ('PTCs') may be described as
companies established to act as trustees for one or more trusts
that are related in some way e.g. made in connection with the same
family group, philanthropic or charitable organisations, business
or investment funds.
Bermuda has a stellar international reputation and is a popular
jurisdiction in which to establish PTCs, trusts and underlying
entities (including private funds and insurance vehicles) and
family offices (or branches thereof). Part of Bermuda's
international appeal includes:
- a high quality legal system, a common
law system based upon, but independent from, that of England and
Wales. Bermuda's final court of appeal is the Privy Council in
London
