Commonwealth Trust Company has been a long-time supporter of the Delaware Bankers Association and is proud to have, once again, […]
Read MoreTag: Trust fund distribution
Trust Act 2022
On June 30, 2022, Governor John Carney signed into law the Delaware Trust Act 2022. This Act includes several important […]
Read MoreTrust Act 2021
On June 30, 2021, Governor John Carney signed into law the Delaware Trust Act 2021. This Act includes several important […]
Read MoreTrust Loans to Beneficiaries: A Topic of Interest
For estate planning practitioners, loans are a versatile tool which can be utilized to accomplish a broad range of goals. […]
Read MoreDistribution Requests: Why So Many Questions?
One of the more common questions that a trustee receives from beneficiaries is what information is needed for the trustee […]
Read MoreDelaware Trusts: Built to Last
The 14th Annual Delaware Trust Conference, Delaware Trusts: Built to Last, is being held October 22nd and 23rd. Commonwealth Trust […]
Read MoreProposed Regulations for Section 2704 of the Internal Revenue Code
Today, valuation discounts are permitted for interests in closely held family entities for transfer tax purposes. However, proposed regulations under […]
Read MoreModification 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 […]
Read MoreChoosing a Fiduciary
It’s well known that a directed trust offers a number of benefits over the traditional model of one fiduciary making […]
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