New Partnership Audit Rules under the Bipartisan Budget Act of 2015

Prior to the enactment of the Bipartisan Budget Act of 2015 (“BBA”), partnership audits were conducted exclusively under rules set forth in TEFRA. In practice, the TEFRA rules have proven to be complex to interpret and burdensome to administer effectively and,...
Read More

13th Annual International Estate Planning Institute

Commonwealth Trust Company is a sponsor of the 13th Annual International Estate Planning Institute in New York, NY.  The institute will be held on March 23-24, 2017 at the Crowne Plaza Hotel.  If you are attending the event, please visit Chris Major and Amy Brown at...
Read More

Amy Brown Joins Commonwealth Trust Company as Director of Business Integration

Commonwealth Trust Company announced today that Amy S. Brown has joined the firm to further develop their growing portfolio of domestic and international accounts. Amy comes with a wealth of experience within the Industry, having spent more than 15 years at another...
Read More

Commonwealth Trust Company Sponsors the Southern California Estate Planning Forum

Commonwealth Trust Company is a proud sponsor of the Southern California Estate Planning Forum October 20-21, 2016 at The Manchester Grand Hyatt Hotel in San Diego, California.  Our Director of Business Integration, Amy Brown, will be attending the conference.  If you...
Read More

Commonwealth Trust Company Sponsors the ACTEC 2016 Mid-Atlantic Regional Meeting

Commonwealth Trust Company is a proud sponsor of the ACTEC 2016 Mid-Atlantic Regional Meeting September 16-18, 2016 at the Hotel duPont in Wilmington, Delaware. Our Business Development Associate, Chris Major, will be attending the conference. If you are attending the...
Read More

Trust us with your Family Legacy

Delaware’s independent, privately-held boutique trust Company partnering with your existing Advisers to provide sophisticated, professional trustee administration solutions.

Commonwealth Trust Company (CTC) is dedicated to providing high-quality, efficient, and responsive services to you, the client. CTC is a privately owned non-deposit trust company not affiliated with any bank or financial institution.

New Partnership Audit Rules under the Bipartisan Budget Act of 2015

Prior to the enactment of the Bipartisan Budget Act of 2015 (“BBA”), partnership audits were conducted exclusively under rules set forth in TEFRA. In practice, the TEFRA rules have proven to be complex to interpret and burdensome to administer effectively and,...

13th Annual International Estate Planning Institute

Commonwealth Trust Company is a sponsor of the 13th Annual International Estate Planning Institute in New York, NY.  The institute will be held on March 23-24, 2017 at the Crowne Plaza Hotel.  If you are attending the event, please visit Chris Major and Amy Brown at...

Amy Brown Joins Commonwealth Trust Company as Director of Business Integration

Commonwealth Trust Company announced today that Amy S. Brown has joined the firm to further develop their growing portfolio of domestic and international accounts. Amy comes with a wealth of experience within the Industry, having spent more than 15 years at another...

Years in business:

Every family is unique; therefore, every trust’s administration is unique. Each trust contains its own set of family dynamics, administrative requirements, assets, beneficiaries and fiduciaries. Our success is a direct result of our attention to detail concerning the distinctive features of each particular trust plan and collaboration with the client and their advisers to ensure that the trust administration is efficient, economical and effective in accomplishing the family’s goals.

In speaking with our clients, Commonwealth is told time and time again that our staff has always provided “that little extra” which is what truly sets us apart. We know that personal relationships are what really matter; therefore, we take great pride in comments such as “I never have to worry about referring Commonwealth to my clients; I know they will be very well taken care of” or “ from the simplest trust to the most complex trust, the staff at Commonwealth is always accommodating and professional.”

Commonwealth has decades of experience dealing with trusts of all types, including those with international issues, tax issues, and family dynamic issues. Our focus on administration allows Commonwealth to maintain efficient processes for typical trustee functions such as beneficiary distributions and expense payments. We are able to respond quickly and expertly to trust administration questions and requests, generally turning same around within a matter of hours or days, rather than weeks. Our expertise and our size make us nimble.

In the early 1990s, the owners and management of Commonwealth made the pivotal decision to move the company into the direction of directed trustee services. This decision has affected the business profoundly by placing it at the forefront of the open architecture concept. Now, while others are beginning to enter this market, Commonwealth sits with more than twenty years of experience administering directed trusts. The use of a directed trust affords the grantor significant options by allowing a grantor to separate the duties of a traditional trustee amongst multiple advisers. The grantor can place investment authority, distribution authority and administrative authority with completely independent advisers of their choice. This provides a grantor and beneficiaries both maximum flexibility in planning and additional checks and balances within the trust. In this way, each professional can remain focused upon their specific area of expertise.

Commonwealth is owned 100% by its officers, directors and employees who are dedicated to maintaining the company’s independence. Our experience in administering trusts for 85 years provides clients with unique perspectives and insights. Different than traditional trustees, our directed nature has exposed us to a variety of perspectives, allowing us to find unique solutions by “thinking outside of the box.” In addition, our ties with the Delaware trust community have sealed our reputation as trust administration experts. Our professionals are well respected in the community and keep Delaware’s trust legislation proactive.

The Delaware Court of Chancery is widely recognized as the nation’s preeminent forum for the determination of disputes involving trusts. It is a court of equity with over 250 years of case law to draw upon and has exclusive jurisdiction over all matters of Delaware trust administration and trust interpretation. Judges are appointed not elected. No juries are involved so this provides a stable legal platform.

Our Mission & Vision

To complement a closely-knit team of professionals designed to help individuals accomplish their goals by utilizing both the benefits of Delaware corporate and trust legislation, as well as, our own knowledge and expertise in business and fiduciary matters.

To be the preferred independent Delaware trust company for clients and their team of professional wealth management Advisers throughout the world.