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Starting NFA Trust

Discussion in 'NFA & Class III Discussion' started by Powers, Feb 9, 2013.

  1. rocketman

    rocketman Sharpshooter

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    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: Mar 22, 2018
  2. }BuLL

    }BuLL Sharpshooter

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    Last edited: Mar 23, 2018
  3. dennishoddy

    dennishoddy Sharpshooter

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    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?
     
  4. OKCHunter

    OKCHunter Sharpshooter

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    Add me to your trust - problem solved :D
     
  5. deerwhacker444

    deerwhacker444 Sharpshooter

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    You can adopt me,...Daddy.!
     
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  6. dennishoddy

    dennishoddy Sharpshooter

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  7. D. Hargrove

    D. Hargrove Sharpshooter

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    Um..... lol
    Woody Allen???
     
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  8. dennishoddy

    dennishoddy Sharpshooter

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    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.
     
  9. Buzzgun

    Buzzgun Sharpshooter

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    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.
     

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