I've read into the use of NFA trusts since they became widely known. It seems the common places where the legality of ownership comes into question are:
- someone other than trustee in possession
- trustee unable to serve, or legally disabled from possession
- beneficiary legally disabled from possession
- situations arising from a trust merger
Again, I've seen a lot of innuendo from lawyers, but I'd like to hear specifics of why Willmaker trusts are deficient.
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