December 9, 2024
Client Alert: Corporate Transparency Act
As you are aware, in 2021, Congress passed the CTA (Corporate Transparency Act), which created a new beneficial ownership information […]
Publications, Blog, and News
Insights from the Commonwealth team to keep you updated.
November 27, 2024
Commonwealth Trust’s 2024 Events, Seminars, and Speaking Engagements
It’s been an exciting year for us at Commonwealth! Along with sponsoring and attending numerous events in the estate planning […]
November 22, 2024
Modern Directed Trust Language
In the more than 35 years since the formal recognition of the “directed trust” under Delaware statutory law there have […]
September 30, 2024
Trusts 101: What a Beneficiary of a Trust Should Know
One of the secrets to a good trust is an educated beneficiary. This is not to say that the best […]
September 9, 2024
Delaware’s Trust Act 2024: Tools for Maximizing Settlor’s Intent
Delaware’s Trust Act 2024 provides new statutes on letters of wishes, beneficiaries of well-being trusts, and other updates.
July 30, 2024
An Overview of Generation Skipping Transfer Tax
Families make gifts every day. A parent may give money to their child, a grandparent may give money to a […]
July 8, 2024
What It Means to Be an Advisor-Friendly Trust Company
Advisor-friendly trust companies prioritize trust and education and are both solution- and customer-oriented.
June 4, 2024
The Difference Between Directed Trusts vs Delegated Trusts
Explore the differences between directed trusts and delegated trusts, including their benefits, flexibility, and which is best for your needs.
May 2, 2024
What Are the Fiduciary Duties of A Directed Trustee?
Explore the fiduciary duties of a directed trustee in managing compliance, record keeping, reporting, and administration of directed trusts.