Establish your trust in the right state, the First State.Changes in the federal tax laws have provided a renewed focus on state income taxes and strategies available to minimize these taxes.While personal trusts have been used most commonly as estate and gift tax planning vehicles, they now have increased importance as tools for minimizing a family’s federal and state income tax liability.
Learn about some of the different types of trusts available through this informative matrix. A trust provides a flexible and advantageous way for you to leave your assets to future generations while reaping certain present benefits.Different types of trusts suit different needs, and what’s best for you will depend on your specific circumstances and what you hope to achieve through the establishment of the trust.
Establishing a personal trust in the state of Delaware has unique advantages to help you manage and control your business. Learn why the First State is a preeminent jurisdiction for business owners and trusts, offering asset protection, confidentiality, and directed trusts.