Trustees and fiduciaries
Trusts are not entered in the Transparency Register as entities, but trustees still carry a LETA-driven obligation to identify the trust's beneficial owners — with no government tooling provided.
Who counts as a beneficial owner of a trust
The settlor, the trustee(s), the protector, the beneficiaries (named, or the class where none are named), and any other natural person exercising ultimate effective control over the trust (Art. 15 TJPG + TJPV Art. 20).
Control over the trust
Control includes the right or actual ability to dispose of trust assets, decide distributions, add or remove beneficiaries, appoint or remove trustees, or revoke the trust (TJPV Art. 5).
The discretionary flag
Whether the trust is discretionary is a mandatory reported field, alongside the trust name, governing law, and identification of the trustee and other beneficial owners.
A pure-software opportunity
Because no federal tool maps trust control chains, trustees need a way to assemble a defensible determination. That is exactly what Amlion prepares.