Starting NFA Trust

This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.

rocketman

Sharpshooter
Supporting Member
Special Hen Supporter
Joined
Sep 7, 2012
Messages
504
Reaction score
294
Location
OKC
I have a large stamp collection but its been a while since my last one. Can anyone fill me in on the new fingerprint, picture, and notification requirements for the trust route? I've ordered the forms and fingerprint cards but I'm unsure of what all I need to forward to the local pd as "notification" and if a selfie printed on an inkjet counts as a picture.

Edit: I found this info but I'm not seeing form 5320.23 on the distribution center list.
https://www.atf.gov/rules-and-regul...-checks-responsible-persons-effective-july-13
 
Last edited:

dennishoddy

Sharpshooter
Supporting Member
Special Hen Supporter
Joined
Dec 9, 2008
Messages
84,545
Reaction score
61,825
Location
Ponca City Ok
What happens to a trust when you die, and there is nobody in the family that wants or will ever use the suppressor?
It can't be sold at the estate auction like a gun if I understand it right. The new owner would not be on the trust.
I was raised in a family without guns, that did not hunt, and even though I've tried my best, my kids and wife will never use one.
Where does the paper trail end?
 

OKCHunter

Sharpshooter
Supporting Member
Special Hen Supporter
Joined
Aug 7, 2009
Messages
4,526
Reaction score
4,425
Location
Edmond
What happens to a trust when you die, and there is nobody in the family that wants or will ever use the suppressor?
It can't be sold at the estate auction like a gun if I understand it right. The new owner would not be on the trust.
I was raised in a family without guns, that did not hunt, and even though I've tried my best, my kids and wife will never use one.
Where does the paper trail end?
Add me to your trust - problem solved :D
 

deerwhacker444

Sharpshooter
Special Hen
Joined
Oct 1, 2009
Messages
3,439
Reaction score
2,382
Location
OK
What happens to a trust when you die, and there is nobody in the family that wants or will ever use the suppressor?
It can't be sold at the estate auction like a gun if I understand it right. The new owner would not be on the trust.
I was raised in a family without guns, that did not hunt, and even though I've tried my best, my kids and wife will never use one.
Where does the paper trail end?
You can adopt me,...Daddy.!
 

dennishoddy

Sharpshooter
Supporting Member
Special Hen Supporter
Joined
Dec 9, 2008
Messages
84,545
Reaction score
61,825
Location
Ponca City Ok
Unless what I've read is wrong, it may be transferred to anyone named in the will on a form 5- tax exempt. Someone not specifically named may buy it out of state on a form 4.
I don't do well on legaleze. It looked a whole lot more complicated, especially for an executor with no gun knowledge that had no Idea what they had when opening up the safe. They could be caught in a trap by selling what they didn't know they had.
I'd guess its dependant on the owner of the NFA item to insure their executor is aware, but if both are killed in a car accident, then the conundrum begins. I'll pass at this stage of the game.
 

Buzzgun

Sharpshooter
Special Hen
Joined
Oct 7, 2008
Messages
1,164
Reaction score
381
Location
sand springs
If you have nobody to share the suppressor with or leave it to then there is no advantage to buying it with a trust. You can buy it as an individual and leave instructions in your will for disposition when you die. The executor of your will can legally possess it and dispose of it when the time comes.
 

Latest posts

Top Bottom