Delaware Trust Advantages
Bessemer Trust Company of Delaware, N.A., offers clients access to Delaware’s attractive trust laws. Our experienced professionals provide practical guidance on appropriate trust structures, trust administration, investment management, and other specialized services.
For many families, establishing trusts to pass assets from one generation to another is a key component of an estate plan. Yet trusts — and the laws that govern them — are often complex, making it challenging to extract their full benefits.
Delaware’s sophisticated and progressive trust laws make it easier, offering advantages when it comes to protecting your wealth and achieving your wealth transfer goals.
Directed Trusts for Flexibility and Control
Assign administrative/other duties to a trustee and appoint an adviser to control investments and distributions. Ensures investment flexibility.
A Trust-Friendly Court System
A long history of well-reasoned court rulings and a commitment to protecting the advantages of its trust laws.
Confidentiality via Quiet Trusts
With quiet trusts, providing information to beneficiaries (even as to the trust’s existence) may be deferred. When combined with a hands-off court, quiet trusts allow for confidential trust administration.
Enhanced Tax Savings
No state income tax on income/capital gains for nonresident beneficiaries and no indirect taxes. With dynasty trusts, proper planning can reduce or eliminate federal and state estate, gift, and generation-skipping transfer taxes indefinitely.