The Evolution Of Private Trust Structures

Private trust companies (PTCs) provide a degree of control retention for clients, and have risen in popularity in recent years

Having your cake and eating it: an increasingly corporate-like form of structuring for privately held assets

Former Prime Minster of the United Kingdom Boris Johnson famously disagreed, but most people stand by the proverb that 'you can't have your cake and eat it too'.

In the private client sphere, this has historically also been the case; if you want to set up a traditional trust structure then you do so through a third party and you cede an element of control after the structure is established.

However, there is a way that a form of Mr Johnson's so-called 'cakeism' can be applicable to the modern-day high net worth individual (HNWI) or family – private trust structures.