The document outlines the decision by the trustees of the Butterfly Trust to administer the trust's assets in Delaware and the United States Virgin Islands. This decision is made to ensure the trust qualifies as a U.S. domestic trust under Title 26 section 7701(a)(30) of the Internal Revenue Code by meeting the court and control tests. The trustees, Harry I. Beller and Erika A. Kellerhals, declare that the courts of Delaware and the U.S. Virgin Islands will have primary supervision over the trust's administration.
doj/DataSet10/EFTA01385565.pdf
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