I’m considering listing my brother and dad (happy early Father’s Day!) as trustees but since I foresee a military career in my near future–if I can get back down to MEPS again–I will probably be living in a different state than them. I saw someone post that you can “travel” with your SBR for up to one year on a Form 5320.20, but I’m sure I’ll be out of state for longer than a year at the time.
Possible scenario: I build SBR (X) for the trust. Also, my brother builds SBR (Y) for the same trust. I get stationed in state other than the one listed as our “manufacturing location” and take SBR (X) with me. I wouldn’t be able to move the location of just one SBR, would I? I assume the trust address would have to change, thus leaving one SBR out of state. But I don’t want to ASSume so I’m asking.
Sorry it’s a weird scenario, but it’s one that’s possible/likely for me.