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The Range
NFA & Class III Discussion
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<blockquote data-quote="indi" data-source="post: 1864133" data-attributes="member: 24480"><p>A trust is a TRUST, i dont know how to explain what it is. Kind of like a will i guess.</p><p></p><p>Some of the benefits to a trust are</p><p>1. You do not need to do fingerprints</p><p>2. You do not need the sheriff or leo signature</p><p>3. Multiple people can be users of the NFA item. (If you do it in your name, you have to be present with the NFA item, with the stamp) </p><p></p><p>You can get a lawyer to write up a trust for you. There are some programs that you can use to write a trust( i dont recomened this unless you are a lawyer, or VERY knowledgable with what needs to be written. There are a lot of places who sell NFA items who will set you up with a trust if you purchase your NFA item from them( like sports world)</p><p>The trust will own your NFA item, not you, but you are the trustee of the trust so you call the shots on it. I dont want to say to much, cause i dont know that much, there are other members who are a lot more knowledgable about this subject then I, hopefully they will better explain it.</p></blockquote><p></p>
[QUOTE="indi, post: 1864133, member: 24480"] A trust is a TRUST, i dont know how to explain what it is. Kind of like a will i guess. Some of the benefits to a trust are 1. You do not need to do fingerprints 2. You do not need the sheriff or leo signature 3. Multiple people can be users of the NFA item. (If you do it in your name, you have to be present with the NFA item, with the stamp) You can get a lawyer to write up a trust for you. There are some programs that you can use to write a trust( i dont recomened this unless you are a lawyer, or VERY knowledgable with what needs to be written. There are a lot of places who sell NFA items who will set you up with a trust if you purchase your NFA item from them( like sports world) The trust will own your NFA item, not you, but you are the trustee of the trust so you call the shots on it. I dont want to say to much, cause i dont know that much, there are other members who are a lot more knowledgable about this subject then I, hopefully they will better explain it. [/QUOTE]
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