Proposed 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 Section 2704 of the Internal Revenue Code were released on August 3, 2016 to curtail this use of valuation discounts....

Choosing a Fiduciary

It’s well known that a directed trust offers a number of benefits over the traditional model of one fiduciary making all decisions involving the trust. With a directed trust, the fiduciary duties are bifurcated, thus allowing the settlor to delegate each fiduciary...

11th Annual Delaware Trust Conference

Commonwealth Trust Company is a proud sponsor of the 11th Annual Delaware Trust Conference.  The conference will be held on October 25-26, 2016 at the Chase Center on the Wilmington Riverfront.  This year's conference features the theme "Songs in the Key of Wealth"...

STEP Miami 7th Annual Summit

  On Friday, May 20, 2016, our Director of Business Development along with our National Account Manager, Matt Wright, will be attending the STEP Miami 7th Annual Summit.  The Summit will be held at the Conrad Miami Hotel in Miami, FL. The topics of the summit include:...

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 consider. Property that passes from the decedent spouse to the surviving spouse by reason of the decedent spouse’s death passes free of federal estate tax. ...

STEP International Tax and Estate Planning Forum

Our Director of Business Development, Dave Riebe, and our National Account Manager, Matt Wright, will be attending the STEP International Tax and Estate Planning Forum being held on May 5-6, 2016, in Laguna Beach, California.  The topics of the forum include:...