56th Annual NAEPC Advanced Estate Planning Conference

Commonwealth Trust Company is proud to be a Sponsor of the 56th Annual NAEPC Advanced Estate Planning Conference http://www.naepc.org/ being held November 5th - 8th at The Cosmopolitan of Las Vegas.  If you are attending the conference, stop by the exhibit area to say...

Distribution 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 to approve a distribution request.  Sometimes, the beneficiary is surprised that the trustee has even asked any questions into the intended...

Delaware Trusts: Built to Last

The 14th Annual Delaware Trust Conference, Delaware Trusts:  Built to Last, is being held October 22nd and 23rd.  Commonwealth Trust Company is proud to have Cindy Brown, President and Cody Snyder, Senior Trust Counsel representing as panelists.  Cindy will...

Volunteers from Commonwealth in Action

Two teams of Commonwealth Trust Company Associates volunteered at the Ronald McDonald House (RMH) in Wilmington, Delaware on August 1 and August 28.  Both teams spent their time and collective efforts baking various confections for the visitors and guests of RMH....

FinCEN’s Beneficial Ownership Rule

Ola Tucker, JD, CAMS has written an article How Shell Companies Might be Circumventing FinCEN's Beneficial Ownership Rule. Click to view the article:  https://www.corporatecomplianceinsights.com/shell-companies-beneficial-ownership/  

The ABCs of DINGs

A Delaware Incomplete gift Non-Grantor Trust (a “DING”) may be an attractive state income tax planning option for individuals living in states that do not tax trusts based on the residence of trust’s grantor or its beneficiaries. DINGs offer a number of additional...

Commonwealth participates in fundraiser

Fundraiser was for the Delaware Combined Campaign for Justice Golf Event.  Since 1999, the Combined Campaign for Justice (CCJ) has been a coordinated approach to fundraising to support Delaware’s three nonprofit legal aid agencies, ensuring statewide and coordinated...