- PII
- S268667300000616-7-1
- DOI
- 10.7868/S0000616-7-1
- Publication type
- Article
- Status
- Published
- Authors
- Volume/ Edition
- Volume / Issue 2 (530)
- Pages
- 89-104
- Abstract
- The state of Delaware permits founders of trusts to create inter vivos local trust even without coming to the state''s territory. Nonresident trusts are exempt from any charge for registration and pay no local income tax when receive intangible assets. Delaware''s business environment is so friendly to trusts that the only setting up trusts brings much to local economy when creates new jobs for banks and trusts companies serving as the trustees.
- Keywords
- asset protection trust, generation-skipping tax, estate tax
- Date of publication
- 11.02.2014
- Year of publication
- 2014
- Number of purchasers
- 1
- Views
- 940