Delaware enjoys international renown for its trust and tax law advantages and its innovative estate planning vehicles.
- Delaware has a well thought-out body of trust laws; a supportive legislature, executive branch, and legal and banking community; and many institutions that compete for trust business.
- Benefits of having a trust in Delaware include tax advantages, creditor protection, flexible distribution rules, and others.
- Delaware’s innovative approach to trusts helps ensure that Delaware will remain as the premier home for new or existing trusts.
Delaware has been a trust-friendly jurisdiction for generations. Even if you don’t live in Delaware, there are numerous reasons why you should consider establishing a new trust in Delaware and why you should explore moving an existing trust to the First State.
Please see important disclosures at the end of the article.