Story ID: 001dBriefs4AINAug12EditedByAY_NM
FAA Extends Comment Period on Non-owner Trusts
By: Chad Trautvetter
Caption: 
Word Count: 98

The FAA extended until August 17 the comment period for its proposed policy regarding the registration of aircraft to U.S. citizen trustees in situations involving non-U.S. citizen trustors and beneficiaries. As part of its review of non-citizen trusts, the FAA published its proposed policy clarification on February 9 on use of non-citizen trusts to register aircraft in the U.S. The FAA also held a public hearing on this subject on June 6 and has now publicly released a slide presentation it made at that meeting. Comments can be sent to ladeana.peden@faa.gov.