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  1. Types of trust companies chartered by the State of Ohio include: Public Trust Companies. A public trust company resembles a traditional bank trust department or trust company with the defining factor being the solicitation and acceptance of public accounts. Private Trust Companies.

  2. For a complete list of the State-regulated bank and trust company main office locations, please see the following lists (sorted alphabetical by city, then by name). You may also search the FDIC database for all Ohio institutions and their branch locations.

  3. Feb 10, 2015 · Under the Ohio Trust Code, a revocable trust (sometimes also known as a “living trust”) is a trust that the grantor can amend (change) or revoke (cancel) during his or her lifetime.

  4. Jul 6, 2017 · Last Fall, Ohio joined several other states in enacting legislation that permits high net worth families to form their own family trust company, commonly referred to as a private trust company (PTC).

  5. While individual state law can govern the construction and validity of the trust, The Private Trust Company can administer trusts under a variety of state laws. PTC is headquartered in Ohio and appreciates Ohio law due to its consistent, fair, and flexible legal and tax environment.

  6. The Public Trust Doctrine is the benchmark for the administration of submerged land leases. Chapter 1501 of the Ohio Administrative Code provides a five-part test to assist the Ohio Department of Natural Resources in determining if a proposed use is compatible with the Public Trust Doctrine. The elements are:

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  8. Please call our office (216) 230-2070 or send us an email – questions@cptoh.com. Cleveland Private Trust Company offers wealth management, co-investing, trust services, and world-class advice in tax planning and philanthropy.

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