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Delaware’s New Beneficiary Well-Being Statute

Innovative trust law is the first of its kind in the country.

There are considerable advantages to passing wealth through generations, such as tax savings, creditor protection, consolidated investment and management and protecting assets from imprudent waste. But more and more, planners and trust creators are recognizing that trust funds may grow in value so that too much money could become available to the beneficiaries before they’ve had an opportunity to learn about and know the value of money and the personal and social responsibilities that access

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