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Does Delaware offer potential tax advantages for existing trusts?

April 26, 2017advantages Delaware existing Offer potential tax trusts

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Does Delaware offer potential tax advantages for existing trusts?

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Yes. Delaware has no state income tax or capital gains tax on accumulated earnings and capital gains on assets held in irrevocable trusts if there are no remainder beneficiaries who are Delaware residents. Delaware also boasts strong asset-protection laws and trust-friendly courts. To learn more about the many benefits of creating a trust in Delaware, click here.