September 29, 2020
Trust Act 2020
Cindy Brown, President of Commonwealth Trust Company, summarizes the highlights of the 2020 Trust Act.
New Delaware Legislation/Case Law
Insights from the Commonwealth team to keep you updated.
July 19, 2019
Trust Act 2019
Cindy Brown, President of Commonwealth Trust Company, has summarized the highlights of the 2019 Trust Act. 2019 Trust Act
September 8, 2017
Trust Act 2017
Signed into law by Governor Carney on August 30, 2017, Trust Act 2017 includes a number of changes to Title […]
August 2, 2016
Modification of Irrevocable Trusts by Consent of the Grantor, the Fiduciaries, and the Beneficiaries
Delaware is now an even better place to create and administer trusts. On Friday, July 29, 2016, Delaware Governor Jack Markell […]
May 13, 2016
Legislative Update: Delaware’s Premium Tax for Trust-Owned Private Placement Life Insurance is Now 0%
On May 5, 2016, House Bill 273, was created and signed into effect by Delaware Governor Jack Markell. Delaware’s premium […]
October 15, 2015
Legislative Update: Trust Act 2015
On August 7, 2015, House Bill 164, known as the Trust Act (the “Act”), was signed into law by Governor […]
July 29, 2015
Legislative Update: AN ACT TO AMEND TITLE 12 OF THE DELAWARE CODE RELATING TO FIDUCIARY RELATIONS.
On July 10, 2015, Senate Bill 42 was signed into law by Governor Jack Markell. The legislation codified existing law […]
February 13, 2015
Trustco Bank v. Mathews, et al., C.A. No. 8374-VCP, (Del. Ch. Jan. 22, 2015).
Trustco Bank v. Mathews, et al., C.A. No. 8374-VCP, (Del. Ch. Jan. 22, 2015). In a recent decision by Vice […]
December 31, 2014
Hardy v. Hardy, et. al., C.A. No. 7531-VCP, n. 119 (Del.Ch. July 29, 2014)
In July of this year, the Delaware Chancery Court decided a case involving a claim against two individual trustees for […]