Is Delaware the best state in which to establish a trust?

According to Michael Neri, a director of Merrill Lynch Trust Company of Delaware, the first state to join the Union is likely to be the best state in which to establish a trust.
   

Why?  Here is a list of possible benefits:
   

·         No state income tax on irrevocable trusts

·         No Rule Against Perpetuities (thus, dynasty trusts allowed)

·         Self-settled spendthrift trusts (asset protection trusts) authorized

·         Unitrusts allowed

·         Enhanced confidentiality

·         Non-disclosure to beneficiaries for a specified period of time

·         Directed trusts allowed
   

See Trust in Delaware, Merrill Lynch Advisor, June 2008, at 3 and Delaware Trusts – A Tradition of Innovation.