Delaware Advantage | Wilmington Trust
Learn Why the First State
Is also the Best State for Trusts

Our own Dick Nenno, along with his industry peers representing AK, NV, and SD, recently took part in the first-ever Trust Situs Smackdown. Listen as Dick shares insights on how the infrastructure that Delaware has in place in support of the trust business is unmatched by any other state.


Video Resources


Control and Protect your Business with a Delaware Trust

Establishing a personal trust in the state of Delaware has unique advantages to help you manage and control your business.

The Delaware Advantage

Learn why Delaware is considered one of the most advantageous jurisdictions for personal trusts.

Additional Resources


The Delaware Advantage

Here are 5 reasons to explore the First State as the premier location for your new or existing trust—even if you don’t reside in the state.

Trust Law Comparison

Learn more about the advantages Delaware offers over Alaska, Nevada, and South Dakota.

The Flexibility and Freedom of a Delaware Directed Trust

What to do when you need a trust, but want to or must maintain control.

Top Ten Reasons to Have Your Trust Administered in Delaware

Delaware is internationally known for its trust and tax law advantages and its innovative estate planning vehicles.

Delaware Trust Advantages for Business Owners

Learn why the state of Delaware has long been one of the most favorable places to establish a business and a trust.

Note that a few states, including Delaware, have special trust advantages that may not be available under the laws of your state of residence, including asset protection trusts and directed trusts.

About Our Thought Leaders
Richard W. Nenno
Senior Managing Director and Trust Counsel

Richard W. Nenno, Equire is a Senior Managing Director and Trust Counsel in Wealth Advisory Services at Wilmington Trust Company, Wilmington, Delaware. Dick has nearly 40 years of estate planning experience and is admitted to the practice of law in Delaware and Pennsylvania.

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Jeffrey Wolken
National Director of Fiduciary Strategies

Jeff is responsible for developing trust planning strategies for wealthy individuals and families throughout the United States and abroad. He works closely with his clients' legal, tax, and investment advisors to construct and implement appropriate trust structures that take advantage of the state of Delaware’s unique trust and tax laws.

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Carol G. Kroch
Administrative Vice President, National Director of Philanthropic Planning

Carol is responsible for philanthropic planning for Wealth Advisory Services. She also leads the Wealth Planning and Fiduciary Thought Leadership Team, a team of wealth strategists who focus on trust and estate planning, income tax and financial planning, and philanthropic planning for Wealth Advisory Services.

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