Quote Originally Posted by Mergie Master View Post
41F Info

If you want anyone else to be able to possess and use the trust items just make them a co-trustee. I made my son the co-trustee and the beneficiary.

This is where I got my NFA Trust and they have a good FAQ on NFA Trusts
It's been a little while since I've looked at this stuff, and need to decide what to do soon, but this point quoted below is opposite from what I thought I remembered from something I read a few months back. OR... my memory is just going bad...

Is there a limit to the number of Co-Trustees?

 A: No limit, however, keep in mind that they need to sign and notarize the Trust initially. Also an important consideration is the new stuff starting July 2016 with 41F and Co-Trustee need to submit fingerprint cards and photographs (see HERE for more info on that). We include amendment templates for you to amend the Trust at your convenience to make these and other changes down the road. It’s simple to do so don’t feel like you need to include the extended family off the bat, remember our Trusts are flexible in the future as a rule.
I could have sworn that 41F eliminated the need for fingerprints and pictures, which was why I was thinking of waiting instead of applying under 41P.

Anyway, given that, please allow me to repeat the question I asked above...
Also, has anyone analyzed whether there are any distinct advantages to submitting for a trust now vs. under the new laws?
Thanks!