What is the Delaware Advantage?
| To put it quite simply, the Delaware Advantage lies in the state's proactive government. The forward thinking of its lawmakers has allowed Delaware to become the most business-friendly state in the union. Legislators in Delaware realize that by attracting wealth and businesses to our state, jobs are created and our economy reaps the benefits. The Delaware Court of Chancery has overseen matters concerning trusts and estates since 1792, leaving more than two centuries of precedent setting decisions to help professionals know how their strategies will be interpreted by the Delaware courts. Delaware Law provides many advantages, especially in the following areas: (a) Tax Advantages (b) Flexibility (c) Asset Protection and (d) Privacy. |
Why Commonwealth Trust Company?
| Commonwealth Trust Company is an independent, non-depository Delaware trust company. The officers, directors, and employees hold 100% of the ownership and have done so since 1931. We are in the business of providing a quality service while complementing a team of professional advisors to assist their clients in reaching their goals. We are NOT in the business of managing assets and only handle directed trusts. This provides the greatest assurance that we are working as part of a team, not trying to sell certain products or services. Unlike many of our competitors in Delaware, we have no affiliation with or interest in any securities firm, brokerage house, or law firm. This gives professional advisors the reassurance that we are working with them, not competing with them. Our highly motivated team strives to provide efficient services that are tailored to our clients' specific needs. At Commonwealth Trust Company, we think of our clients as names, not numbers. |