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Disregarding whatever is said in a deed is tantamount to saying the whole operation is a sham. That was my point.

That's right if they are the trustee. However, technically speaking a separate legal person is the trustee, hence a trust can be formed. Of course it's not a sham in the legal sense of the word - unless you are trying to represent something otherwise than it legally ought to be? It...

I am sure if you were a family lawyer you would be saying it is a sham? I dunno