fabsroman
Ultimate Member
Other Trustees can, BUT if the Trust is worded properly it should state that disqualified Trustees, either by criminal disqualifiers, or mental incapacity are inelligible to serve as a Trustee should meet any standards.
NFA examiners are paying attention, in the past month the NFA Branch has ki led back 3 NFA Trusts at the shop I work at. All of them were completed by Attorneys who draft NFA Trusts. They were minor errors that NFA will allow correction but they never did this in the past.
Do all Trustees of the NFA trust go through a background check when they become a Trustee?