Increase Your Long-Term Gift, Not Your Gift Tax

You’ve decided it’s time to transition some of your wealth out of your estate and establish an irrevocable trust for your grandchildren.  You’re going to fund the trust with the maximum amount of money you can without triggering the gift tax or the generation-skipping...

2017 Delaware Trust Conference

Commonwealth Trust Company is a sponsor of the 2017 Delaware Trust Conference Winning the Wealth Management Game. The conference will be held on October 24 & 25, 2017 at the Chase Center at the Riverfront in Wilmington, DE.

Trust Act 2017

Signed into law by Governor Carney on August 30, 2017, Trust Act 2017 includes a number of changes to Title 12 of the Delaware statute that might be of interest to practitioners.   For more information, please follow this link:  Trust Act 2017.  ...

44th Annual Midwest-Midsouth Estate Planning Institute

Commonwealth Trust Company is a sponsor of the 44th Annual Midwest-Midsouth Estate Planning Institute. The Institute will be held on July 27 & 28, 2017 at The Marriott Griffin Gate Resort in Lexington, Kentucky. If you are attending the event, please stop by...

STEP Miami 8th Annual Summit

Commonwealth Trust Company is a sponsor of the STEP Miami 8th Annual Summit. The Summit will be held on May 19, 2017 at The Conrad Miami Hotel. If you are attending the event, please stop by Commonwealth’s table in the exhibit area to learn more about our Delaware...

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.

Increase Your Long-Term Gift, Not Your Gift Tax

You’ve decided it’s time to transition some of your wealth out of your estate and establish an irrevocable trust for your grandchildren.  You’re going to fund the trust with the maximum amount of money you can without triggering the gift tax or the generation-skipping...

2017 Delaware Trust Conference

Commonwealth Trust Company is a sponsor of the 2017 Delaware Trust Conference Winning the Wealth Management Game. The conference will be held on October 24 & 25, 2017 at the Chase Center at the Riverfront in Wilmington, DE.

Trust Act 2017

Signed into law by Governor Carney on August 30, 2017, Trust Act 2017 includes a number of changes to Title 12 of the Delaware statute that might be of interest to practitioners.   For more information, please follow this link:  Trust Act 2017.  ...

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.