Delaware Trusts

TRUST & ESTATE SERVICES

Delaware law offers numerous advantages to consider for your trust, regardless of the state in which you reside. For generations, our experienced trust professionals have helped individuals and families take advantage of Delaware's favorable environment for trusts.

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Delaware offers numerous trust options depending on your specific goals, including:

DELAWARE TRUST STRATEGIES

Asset protection

Asset protection trusts can help protect your assets from creditors or in the event of divorce, while you continue to retain certain benefits from the assets

Directed trust feature

This type of trust can be funded with unique, complex assets that are difficult to manage while allowing you to retain the services of a trusted investment advisor

Dynasty trusts

These trusts may be beneficial for multigenerational planning as they allow for the duration of the trust to last in perpetuity, creating a family endowment fund

Changing a Trust’s Location (Situs)

EMERALD GEMS

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A heritage of working with Delaware trusts

THE WILMINGTON TRUST ADVANTAGE

Our team includes seasoned trust industry professionals, many of whom who have collaborated with professionals in Delaware’s financial and legal communities to help create valuable estate planning and trust legislation in the state.

Enacting new trust legislation

In 2001, Wilmington Trust served on a team with other trust industry professionals that worked for two years to support the enactment legislation to allow the creation of the Delaware total return unitrust, which enables a trustee to manage for total return.

Spearheading new trust creation

In 1997, the Delaware Banker’s Association, in conjunction with Wilmington Trust’s senior leadership, spearheaded the effort to enact an asset protection trust law in Delaware. Through their combined efforts, this important estate planning tool became available in this leading jurisdiction for trusts.

Modernizing trust laws

In a collaborative effort with the legal and financial communities, several of Wilmington Trust’s Wealth team leaders played an active role in supporting the abolishment of certain older and restrictive trust legislation, resulting in the creation of the Delaware dynasty trust.