2022 Delaware Trust Conference

October 24, 2022

Commonwealth Trust Company has been a long-time supporter of the Delaware Bankers Association and is proud to have, once again, been a Silver Sponsor of the seventeenth annual Delaware Trust Conference.

Commonwealth Trust Company President, Cynthia D.M. Brown, co presented “The Modern Directed Trusts: Wait, You Are Directing Me to Do What?” on October 18th. The panel covered:

  • Non-traditional investment considerations such as valuation, standing direction letters, regulatory protocols, and entity management
  • Distribution and beneficiary issues including expectations for forms of communication, trustee participation on committees, and delayed notice concerns
  • Silent trust concerns and designated representatives
  • Alternate uses of directed trusts
  • Third party direction concerns – when should the third party be acting in a personal v. fiduciary capacity to be most effective?