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1 more form 1 question

Discussion in 'NFA & Class III Discussion' started by Honey Badger, Jan 7, 2011.

  1. Honey Badger

    Honey Badger Sharpshooter

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    Since I am doing a trust and naming both my wife and myself on it. Do I have to to put her name on the form 1 with mine? Or can I just use my name on it.

    Also, instead of putting my and her name on the engraving, can I just use our last name followed by trust?

    Example:

    Instead of:

    Jim and lois Jiggles, Oklahoma City, OK

    Can I just put:

    Jiggles Trust, Oklahoma City, OK.
     
  2. 338Shooter

    338Shooter Sharpshooter

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    You must engrave the entire name of the trust with nothing but OK abbreviated.

    Homer and Marge Simpson Revocable Living Trust
    City, ST

    That is the reason I'm doing any form 1s as individual from now on.
     
  3. Honey Badger

    Honey Badger Sharpshooter

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    Dang. How about the Form 1? Can I just put my name alone on it?
     
  4. 338Shooter

    338Shooter Sharpshooter

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    3b will be the full name of the trust and your mailing address.

    7 only one of you have to sign

    8 you will print the name and title of the person who signs. "Jim Jingles Grantor and Trustee" if that is your title in the trust.

    I don't think you have to fill out anything on the back for a trust/corp, but I still answer the questions on 10 an 11.

    You can ignore 12 and 13 on the back they do not apply to trust/corp filings.
     
  5. WhiteyMacD

    WhiteyMacD Sharpshooter

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    I was wondering why you went individual.
     
  6. 338Shooter

    338Shooter Sharpshooter

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    It is actually really pretty easy to go individual. The people at the SO are really nice and friendly. I wish I could have chatted with the Sheriff, but he wasn't in this morning and I had to leave my forms.
     
  7. WhiteyMacD

    WhiteyMacD Sharpshooter

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    So you spoke with the woman who works up front? Shes a cool chick.
     
  8. 338Shooter

    338Shooter Sharpshooter

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    Yeah, she's awesome.
     
  9. Honey Badger

    Honey Badger Sharpshooter

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    I think I am just gonna the individual thing. This trust deal has been an F'n pain the A$$. I had an easier time doing the individual on my last Form 1 and Form 4.
     
  10. 338Shooter

    338Shooter Sharpshooter

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    I like the trust for stuff I don't have to engrave.
     

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