November 6, 2023
Domesticating a Foreign Trust
Historically, many high-net-worth families chose to create trusts offshore due to the extensive asset protection and privacy laws offered by […]
Publications, Blog, and News
Insights from the Commonwealth team to keep you updated.
October 17, 2023
Letter of Wishes: A Valuable Tool in Domestic Trust Planning
Creating a trust is a huge leap of faith for most individuals. It means trusting someone else to make decisions […]
September 19, 2023
Modernizing Outdated Delaware Trusts
When establishing a trust, one of the biggest concerns for a family is how the trust instrument, often an irrevocable […]
September 7, 2023
Delaware Trust Act 2023
Delaware Trust Act 2023 (the “Act”) was signed into law on August 31, 2023 by Governor Carney. Below is a […]
July 12, 2023
What to Think About When Making a Trust Silent
Trusts are powerful tools for managing and distributing assets, ensuring the smooth transfer of wealth from one generation to the […]
June 1, 2023
What is a Directed Trust
Commonwealth Trust Company explores what a directed trust is, how it works, and the benefits it offers.
May 30, 2023
The Trust Instrument: How Trustees Interpret Common Trust Provisions
Many considerations go into the planning and drafting of a trust instrument: For what purpose do you need the trust? […]
Estate Planning Considerations for the Non-Citizen Spouse
When you are planning your estate and your spouse is not a US citizen, there is something very important to […]
Choosing a Fiduciary
It’s well known that a directed trust offers a number of benefits over the traditional model of one fiduciary making […]