I have a new client that is the subsidiary on an Israeli company. All of the employees of the subsidiary are sales people. There are no officers. The company wishes to establish a plan for the U.S. employees. Can the Israeli president of the parent act as the trustee of the U.S. plan? I know the law requires the indicia of ownership of the trust assets to be held in the U.S. but I haven't been able to find any requirement that the trustee be here. Any help or guidance is greatly appreciated.