Chartered in Delaware in 1914, RBC Trust Company (Delaware) Limited offers complete personal trust and custody services through a unique strategic partnership with professional advisors across the country. We are a leader in offering Delaware Trusts, a preferred wealth-building and preservation tool of America’s leading families. Indeed, our investment services were founded by members of the E.I. duPont family.
For over 100 years, we’ve been providing professional trust services. Our parent company, Royal Bank of Canada (RBC), also has a successful history of working with professional advisors to deliver strategically sound financial planning solutions for clients. In addition to being a global leader in providing trust services, RBC has over 100 years of private banking and wealth management experience. With our cumulative experience across multiple disciplines in the wealth management industry, we have earned a reputation for trustworthiness that you can count on for many more generations to come.
To learn more about RBC: www.rbc.com
The Delaware Advantage
A Delaware Trust can provide you with valuable benefits today—and for many years to come.
The state of Delaware has long been known as the corporate capital of the United States. More than half of the Fortune 500 companies are incorporated there. But Delaware is also a major center for personal trust management. And with good reason. Compared to other states, Delaware offers:
Greater Confidentiality
A Delaware Trust offers the least governmental interference and the highest degree of confidentiality of all states.
A Higher Level of Protection from Creditors
Shielding trust assets from creditors is a primary consideration in Delaware.
Greater Investment Flexibility
In Delaware, a grantor can retain or give to the trustee as much or as little control over investments as he or she desires.
No Rule Against Perpetuities
Most states require that all interests must vest no later than 21 years after the end of a life (or lives) in being at the creation of the trust.
Lower Administration Costs
The Delaware Court of Chancery has a solid reputation for its well-reasoned decisions on corporate law.
Greater Tax Savings
Delaware provides certain tax exemptions for trusts set up by nonresidents.
As a result, millions of Americans have set up Delaware Trusts, including many of the nation's wealthiest people. For example, while less than one-half percent of the population lives in Delaware, over 10 percent of those listed in the Forbes 400 have established trusts in Delaware.
Conclusion
Delaware Trusts offer a wide range of benefits. They provide the confidentiality and security you desire as well as the investment flexibility and cost savings you need to help you maximize their potential.
For more information about Delaware Trusts, call your financial advisor or RBC Trust Company (Delaware) Limited at 800-441-7698. We will gladly answer any additional questions you may have and, in conjunction with your financial advisor, help you design a trust that best suits your individual financial needs.