Characteristics of Families Considering A Family Trust Company

Characteristics of Families Considering A Family Trust Company

  Given the Ohio Family Trust Company Act recently became effective in late 2016, the concept is new to many advisors and family members.  Unlike a family office, a family trust company has fiduciary powers to act as Trustee of family trusts to assist a family...
Case Study – Establishing a Private Family Trust Company

Case Study – Establishing a Private Family Trust Company

Recognizing when a private family trust company (“PFTC”) is the ‘right’ planning tool is important.  This case study has been created as a thought-provoking example of how a PFTC can be a viable solution for a family owning a privately held company with the desire of...
Ohio Allows Licensed and Unlicensed Family Trust Companies

Ohio Allows Licensed and Unlicensed Family Trust Companies

In September, 2016, the Ohio Family Trust Company Act became effective allowing for both unlicensed and licensed family trust companies in Ohio.  Ohio joins more than 15 states currently allowing family (private) trust companies.  Some of these states include Florida,...

“During my years working with family offices, I consider Cindy the ultimate professional.  She cares deeply for the family members within her care, has the expertise to provide innovative solutions to issues faced, and energizes her team to achieve superior results. Clearly, her driving focus is her clients.”
William S. Wyman, CEO Summitas

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“Having engaged with Cindy on family office evaluation plus private trust company matters, I recognize the best practice focus she brings to providing family office services in addition to a deep understanding of the set-up and operation of private trust companies.  Cindy listens carefully to understand the questions before recommending solutions – a wealth of knowledge.”
Larry Wolf, CEO of Red Diamond Ltd.

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“Having known Cindy for many years through our mutual participation in a best-practices study group comprised of Family Office executives, I’ve found Ms. Steeb to be a thought leader in the Private Trust Company area, and very experienced in the value-adding applicability in the service to various multi-generational family enterprises.  She is extremely client centric, and competent in the structure, governance and operations of Private Trust Companies and Family Office organizations.  Her character and caring is impeccable and she is my valued friend, colleague and business associate.”
Louis V. Colella, President of Advisory Services, JFS Wealth Advisors

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“I consider Ms. Steeb to be one of the foremost legal authorities on PTC law and operation in the State of Ohio, as well as an expert in trust and estate planning.”
Curtis E. Moll, Chairman and CEO of MTD Holdings, Inc.

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“Cindy engaged me, on behalf of a client, to prepare a day-long workshop for PFTC distribution committee members. Working with Cindy was a joy. Cindy was diligent, knowledgeable, and consistently made herself accessible – even though she was exceptionally busy with client matters. Cindy is a solid professional who is dedicated to her clients, as well as a caring individual who is fun to work with.”
Hartley Goldstone, Owner, Navigating the Trustscape

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