Our Mission

To complement a closely-knit team of professionals designed to help individuals accomplish their goals by utilizing both the benefits of Delaware corporate and trust legislation, as well as our own knowledge and expertise in business and fiduciary matters.

Our Vision

To be the preferred independent Delaware trust company for clients and their team of professional wealth management advisors throughout the world.

Notice

Commonwealth Trust Company is a Delaware State chartered trust company regulated by the Office of the State Banking Commission.  Commonwealth Trust Company has never been involved with "pure trusts" or "constitutional trusts."  The Commonwealth Trust Company that is using the concept of pure trusts or constitutional trusts is not related to us in any way and to the best of our knowledge does not come under any federal or state bank regulatory authority.  We regret that our good name has been impinged upon by the actions of the unscrupulous promoters of these fraudulent trusts.
News:
May 2008
CTC Exhibited at Fourth Annual International Estate Planning Institute
Commonwealth Trust Company Exhibited at the New York State Bar Association's 4th Annual International Tax and Estate Planning Forum on May 27-28, 2008.
January 2008
Commonwealth Trust Company Exhibited at the Nation's Leading Conference for Estate Planning Professionals
Commonwealth Trust Company once again exhibited at Heckerling's 42st Annual Estate Planning conference on January 14-18, 2008 the nation's leading conference for estate planning professionals.
December 2007

Our new mailing address: 
29 Bancroft Mills Road, 2nd Floor 
Wilmington, DE 19806

Phone and fax numbers remain the same.

 

What is the Delaware Advantage?

To put it quite simply, the Delaware Advantage lies in the state's proactive government. The forward thinking of its lawmakers has allowed Delaware to become the most business-friendly state in the union. Legislators in Delaware realize that by attracting wealth and businesses to our state, jobs are created and our economy reaps the benefits. The Delaware Court of Chancery has overseen matters concerning trusts and estates since 1792, leaving more than two centuries of precedent setting decisions to help professionals know how their strategies will be interpreted by the Delaware courts. Delaware Law provides many advantages, especially in the following areas: (a) Tax Advantages (b) Flexibility (c) Asset Protection and (d) Privacy.

Why Commonwealth Trust Company?

Commonwealth Trust Company is an independent, non-depository Delaware trust company. The officers, directors, and employees hold 100% of the ownership and have done so since 1931. We are in the business of providing a quality service while complementing a team of professional advisors to assist their clients in reaching their goals. We are NOT in the business of managing assets and only handle directed trusts.  This provides the greatest assurance that we are working as part of a team, not trying to sell certain products or services. Unlike many of our competitors in Delaware, we have no affiliation with or interest in any securities firm, brokerage house, or law firm. This gives professional advisors the reassurance that we are working with them, not competing with them. Our highly motivated team strives to provide efficient services that are tailored to our clients' specific needs. At Commonwealth Trust Company, we think of our clients as names, not numbers.
Copyright 2008 Commonwealth Trust Company. This Information Is Not Meant To Convey Legal Advice.