• Lower Delaware - Sussex County offers a relaxing, coastal resort lifestyle, with many beautiful beaches, state parks, great restaurants, and tax free shopping.
• Delaware ranks as the fourth least tax burdensome state in the United States!

State & Local Tax Burden Comparisons for 2007
Delaware & Neighboring States
State	Tax Burden Rank (Higher Number the Least Burdensome)	State and Local Tax Burden
United States Average	--	11.0%
Alaska	50	6.6%
New Hampshire	49	8.0%
Tennesse	48	8.5%
Delaware	47	8.8%
Virginia	33	10.2%
Pennsylvania	24	10.8%
Maryland	23	10.8%
New Jersey	10	11.6%
New York	3	13.8%
Maine	2	14.0%
Vermont	1	14.1%
District of Columbia	--	12.5%

Source: Tax Foundation calculations based on data from the Bureau of Economic Analysis. Deparement of Commerce, www.taxfoundation.org/taxdata/show/335.html

Each state's tax burden represents a combination of state & local tax burders. Above table shows the effective state/local tax burdens as a percentage of income by state. State's ranking is provided under headings Tax Burden Rank, showing the least burdensome (#50 - Alaska) & most burdensome (#1 - Vermont). Percentages under State and Local Tax Burden show tax burden as a percentage of income.

States with NO Sales Tax
Alaska*	Delaware	Montana	New Hampshire	Oregon

*Some cities in Alaska have a sales tax.

Further, real property taxes in Sussex County remain fixed - homeowners taxed on approximately 50% of their property's current market value based on a 1974 assessment!

AARP The Magazine, July/August 2006, "Dream Towns" article name Rehoboth Beach, Delaware, as one of the five "Best Places to Retire". Criteria used: least expensive states to live based on income, property, sales taxes, weather, recreational opportunities and liavability - access to health care and transportation.

"Best Places to Retire"
Rehoboth Beach, DE	Charleston, SC	Memphis, TN	St. George, UT	Las Cruces, NM

Kiplinger's PERSONAL FINANCE Magazine, November 2006 issue, named Delaware as the "MOST TAX-FRIENDLY STATE FOR RETIRESS".

Delaware has no Estate Tax (a.k.a., Inheritance Tax, Death Tax). Delaware's Estate Tax is equal to the state death tax credit under federal estate tax law. Since this credit has been eliminated from 2005 through 2010, there is no Estate Tax imposed by the Delaware.

State	Per Capita Income	U.S. Rank	Total Personal Income (Millions of Dollars)	Population (Thousands of Persons)
United States	$38,611	--	$11,645,882	301,621
New Jersey	$49,194	2	$427,297	8,686
New York	$47,385	4	$914,432	19,298
Maryland	$46,021	5	$258,561	5,618
Virginia	$41,347	9	$318,873	7,712
Delaware	$40,608	12	$35,116	865
Pennsylvania	$38,788	19	$482,245	12,433
District Of Columbia	$61,092	--	$35,940	588

State House Price Indexes
% Change Past 5 Years
Rank	State	Region
United States		39%
2	District of Columbia	79%
3	Maryland	74%
9	Virginia	63%
14	Delaware	56%
17	New Jersey	53%
20	New York	48%
21	Pennsylvania	47%

SOURCE: Office of Federal Housing Enterprise Oversight
Data as Of May 22, 2008

U.S. State Population Estimates & Changes
State	Population Estimates		Change '05 to '06		National Ranking of States
					Population Estimates		Change '05 to '06
	July 1, '06	July 1, '05	Number	%	July 1, '05	July 1, '06	Number	%
United States	299,398,484	296,507,061	2,891,423	1.0	N/A
Delaware	853,476	841,741	11,375	1.4	45	45	32	15
Virginia	7,642,884	7,564,327	78,557	1.0	12	12	11	20
Maryland	5,615,727	5,589,599	26,128	0.5	19	19	27	36
Pennsylvania	12,440,621	12,405,348	35,273	0.3	6	6	22	37
New Jersey	8,724,560	8,703,150	21,410	0.2	11	10	28	39
New York	19,306,183	19,315,721	-9,537	-0.0005	3	3	50	47
DC	581,530	582,049	-519	-0.1	50	50	47	49

If you are a first time home buyer - have never previously owned property - you may qualify for an exemption of .75% of Sussex County transfer fee and recording fee for the deed and mortgage, which is normally 1.5% of the purchase price.

Received from three of the major bond rating agencies (Moody's Investors Service, Standard and Poor's, and Fitch Ratings). This is the 12th consecutive time Delaware has earned triple-A ratings, the highest rating awarded by the nationally recognized rating services. Ratings reflect how Delaware has taken a fiscally responsible approach to managing state government and, having the lowest assessment of repayment risk, allow Delaware to borrow money at the lowest possible interest rate, thus ultimately saving Delaware tax payers money. Bonds are in great demand and are tax-exempt for federal and Delaware income purposes.

U.S. News and World Report. "America's Best Colleges 2008", ranked the University of Delaware as one of the nation's top 100 colleges, ranking UDel 71st. General facts:

• Founded: 1743
• Enrollment: 20,342
• Tuition and Fees: $8,150 in-state, $19,400 out-of-state
• Room and Board $7,948
• Endowment in Excess of $1.066 billion dollars

Trust Tax Friendly States States with little or no income tax on trusts
Alaska	Nevada	Texas
Delaware	Ohio	Washington
Florida	South Dakota	Wyoming

Source: JP Morgan Private Bank

Reader's Digest "Best Travel 2006 - Best Seaside Strolls" designated Delaware's Rehoboth Beach boardwalk with "views of bright blue water and shops galore" as one of the seven "Best Boardwalks" in America.

The Natural Resources Defense Council's "Testing the Waters 2008 - A Guide to Water Quality at Vacation Beaches" ranked Delaware's beaches the nation's second cleanest (tied with New Hampshire) of the 30 coastal and Great Lakes states surveyed.

Rank of States by Percent of Beachwater Samples Exceeding the National Standard in 2007
State	Rank (Least to Most Clean)	Percent	Total	Beaches Reported
National	-	7%	131,977	3,516
Illinois	1	23%	5,806	69
Delaware	29	1%	373	23
Alaska	30	0%	10	3

Source: Natural Resources Defense Council, "Testing the Waters 2008 - A Guide to Water Quality at Vacation Beaches", Eighteenth Edition, August 2008

Starting a Dynasty States that allow trusts to last for generations
Alaska	Indiana	Rhode Island
Arizona	Maine	South Dakota*
Colorado	Maryland	Utah**
Delaware*	Missouri*	Virginia
District of Columbia	Nebraska	Washington**
Florida	New Hampshire	Wisconsin*
Idaho*	New Jersey	Wyoming***
Illinois	Ohio

*Favorable tax treatment is more assured in these states.
**Florida duration 360 years, Washington 150 years.
***Utah, Wyoming limited to 1,000 years.
Source: Trust and Estates

PLEASE NOTE: All information presented is subject to change without notification. Also, you need to consult with a lawyer or tax advisor regarding your eligibility for any Delaware tax or other benefits.