Planning & Trust

Planning for the future

• Estate planning and strategic wealth transfer

  Pass your legacy on to your heirs, protect your family and business, grow your assets, reduce taxes, and provide for your charitable legacy.
  
  We'll work with your other trusted legal advisors to develop a plan to efficiently transfer wealth to your heirs and favorite charities in a tax-conscious way.

• Philanthropic planning

  Supporting causes you believe in, promoting family values and social responsibility, and leveraging the tax-deductible nature of charitable gifts are important parts of your overall plan.
  
  We'll advise on the different tax benefits of making outright gifts, leaving bequests, or establishing charitable trusts and private foundations.

• Business succession planning

  Whether you plan to pass your business on to your family or sell it to a strategic buyer as you plan for your retirement, we'll advise you before each stage of transition so you are well prepared and positioned.

• Executive benefit planning

  Our services can help you reduce risk, create liquidity, and defer taxes with your concentrated corporate stock.
  
  We'll explore solutions such as an outright sale, blind trusts, options strategies, exchange funds, and loss harvesting.

• Insurance planning

  Get guidance on how you can structure your insurance plan to avoid costly estate and federal tax liabilities and find the coverage you need.
  
  We'll review your policies and advise on appropriate coverage along with ownership and beneficiary designations.

Benefitting from personal trusts

• Trustee services

  Take advantage of the many wealth transfer and tax saving benefits a personal trust offers from highly experienced professionals in fiduciary oversight. We serve as Trustee, Directed Trustee, or Custodian with impartiality, fairness, and sensitivity to the needs of the beneficiaries we serve.

• Personal trust administration

  Know that your trust will be managed with the utmost care by our skilled professionals. We'll handle regular income payments, principal and income accounting, recordkeeping, ongoing investment management, tax return preparation, and annual tax information, in a timely and trusted manner.

• Personal trusts in Delaware

  The state of Delaware offers many advantages for trusts. Wilmington Trust Company has helped shape Delaware's favorable trust laws for decades. We'll introduce you to the benefits a Delaware trust can provide for your family or business.

Assess how effective your current estate plan is, and if you're making the most of your tax saving opportunities.