About the Author

Donald P. DiCarlo Jr.

Senior Vice President and Head of Strategic Planning Advice

Don is part of the Wealth Management senior leadership team and responsible for the development and delivery of strategic advice offerings for clients of Wilmington Trust and M&T Emerald Advisory Services. Don and his team provide families and business owners with personal wealth planning and fiduciary services to assist them in the design and implementation of their estate, business succession, and family legacy plans.

Prior to joining Wilmington Trust in 2008, Don was the director of estate planning and senior fiduciary counsel for The Vanguard Group in Malvern, Pennsylvania. His past experience also includes the private practice of law and active duty service as a Judge Advocate in the United States Army.

Don earned his undergraduate degree from Villanova University and his law degree from New England Law, Boston. He also holds a master of laws (LL.M.) degree in taxation from Temple University Law School and a master’s degree in moral theology (Christian ethics) from St. Charles Borromeo Seminary in Wynnewood, Pennsylvania.

Don has been teaching estate planning at Philadelphia area law schools for over 15 years and is currently an adjunct professor at Drexel University’s Klein School of Law. He is also a frequent lecturer for the American Law Institute and other professional associations. He currently serves on the board of trustees of the World Affairs Council of Philadelphia. Don is an Ordained Deacon in the Archdiocese of Philadelphia.

By the Author

Business Interests Held in Trust

Donald P. DiCarlo Jr. |
My Business

When holding business interests in a trust, it’s important to understand the different structural models for fiduciary decision making.When a business interest is the primary asset in a trust, it can create challenges for both the Trustee and business owner.The trustee’s general fiduciary duty to diversify the trust’s investments may not align with the business owner’s goals.Certain trust features can help to alleviate this conflict.