CTC 2015 Annual Newsletter

Commonwealth Trust Company’s 2015 Annual Newsletter includes the following topics:

• Delaware Tax Trap Planning – How to Take Advantage of a Step-Up in Income Tax Basis in a World of Increased Estate Tax Exemptions
• Delaware Asset Protection Trusts as an Alternative to Foreign Asset Protection Trusts
• Transferring Fine Art to a Trust Can Raise Thorny Issues
• The Latest Advantage of Delaware Law:  Fiduciary Access to Digital Assets and Digital Accounts Act
• Case Law Update & Key Trust Act Additions
• Comparison of Top Trust Jurisdiction
• Delaware:  The Trust Friendly State

Commonwealth Trust Company is pleased to provide this article as a guide. Commonwealth Trust Company is not engaged in the practice of law and is not providing legal advice by the provision of these materials. Commonwealth Trust Company recommends that clients seek the opinion of their attorney regarding the specific legal and tax issues addressed in this article.