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Archives for May 2017

Wyoming Private Single Family Trust Companies Allow Families to Self Govern over Multiple Generations

May 26, 2017 by Avi Kantor

The so-called paradox of freedom is the argument that freedom in the sense of absence of any constraining control must lead to very great restraint, since it makes the bully free to enslave the meek.

– Karl R. Popper

For a family that can self-govern effectively over multiple generations, a Wyoming private single family trust company is a unique, perhaps even optimal, legal and administrative structure. While the legal and regulatory environment in Wyoming is very favorable for families who create private single family trust companies, the key factor is the ability of the family to self-govern over an extended period of time.

Private Single Family Trust Company Information

We, like all other organizations that serve trust clients, want to make sure that appropriate governance, standard operating procedures, and rules of ethics are created and implemented by client families. What’s often overlooked, however, are the cultural influences that bind a family together. That’s why we pay special attention to the ideas, concepts, and tools of Empowered Wealth. Beginning with Gratitude as a fundamental part of a family’s mindset, Empowered Wealth pays close attention to capturing and capitalizing the stories, rituals, ceremonies, and traditions that are foundational to a family’s culture and its True Wealth. Add to this the Certior Group’s perspective that True Wealth Stewardship is the goal of family leadership, I think you can see that our mission isn’t to promote private single family trust companies; it’s to support thriving families and family members who are living happy, fulfilled and meaningful lives.

Avi Kantor

Filed Under: Family Office Tagged With: Family Office, PSFTC, Stewardship

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