Regulations and Government
FAA Clarifies Noncitizen Trust Policy

The FAA issued a 42-page “policy clarification” regarding the registration of aircraft to U.S. citizen trustees in situations involving non-U.S. citizen trustors and beneficiaries. Citing concerns that noncitizen trusts (NCTs) jeopardized its oversight authority over N-registered aircraft, the agency issued a moratorium on the use of NCTs in May 2010.