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 04-07-2011, 01:35 AM | #1 | Senior Member Join Date: Oct 2008 Posts: 229 |  Going to apply for C&R and NFA items
I have decided to apply for my c&r ffl as required in MO for me to be able to own NFA items. If anyone can tell me how long this typically takes, c&r and NFA items, it would be appreciated. One thing I have a question about is setting this up into a trust so that I may pass this down to my children, I will be talking to a lawyer about all this, just if I can have some ideas about what all I need so that I can get the ball rolling. Thanks __________________
Remember the strong oak tree is just a nut that stood its ground. unknown
If we dont stand together we dont stand a chance. unknown
One of the greatest delusions in the world is the hope that the evils of the world are to be cured by legislation. Thomas Reed | 
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| 04-07-2011, 02:34 AM | #2 | Senior Member Join Date: Oct 2008 Posts: 229 |
I pretty much answered the other questions by reading posts (should be done first I know) and browsing the atf website. How about the trust, whats is involved. __________________
Remember the strong oak tree is just a nut that stood its ground. unknown
If we dont stand together we dont stand a chance. unknown
One of the greatest delusions in the world is the hope that the evils of the world are to be cured by legislation. Thomas Reed | |
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| 04-07-2011, 03:04 AM | #3 | Moderator Join Date: Feb 2008 Location: Third bunker on the right, Central Virginia Posts: 8,374 Liked 5 Times on 5 Posts
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You really need to see that lawyer. The "lawyer in a box" on line programs that a lot of people have been using is NOT the thing to do for a firearms trust- there have been a few folks that did not have the right format, and there were problems. That, and find yourself a good class III dealer- and a heavy duty checkbook. A good dealer can guide you thru most of the crap.
BTW, an INHERITED class III is transferred without tax if I recall correctly.
The C&R takes about 30-90 days, depending on their backlog. Transfer of Class III items takes a LOT longer. __________________
What we have heah is.... failure to communicate. |
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| 04-07-2011, 03:14 AM | #4 | Dead Wolves = Good Wolves Join Date: Nov 2009 Location: Rochester WI, Rochester WI Posts: 8,314 Liked 4 Times on 4 Posts
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Quote:
Originally Posted by c3shooter
You really need to see that lawyer. The "lawyer in a box" on line programs that a lot of people have been using is NOT the thing to do for a firearms trust- there have been a few folks that did not have the right format, and there were problems. That, and find yourself a good class III dealer- and a heavy duty checkbook. A good dealer can guide you thru most of the crap.
BTW, an INHERITED class III is transferred without tax if I recall correctly.
The C&R takes about 30-90 days, depending on their backlog. Transfer of Class III items takes a LOT longer.
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+100
but an inherited may or may not need the tax redone it depends on how the previous owner arranged ownership. my wife takes ownership if i pass on. if she does too our heirs will have to redo the proccess including tax.
i strongly recommend an attorney familiar with such legalities. online lawyer programs dont cut it and neither does your average marriage lawyer and such.
the wife and are going tomorrow afternoon to sign the final trust papers tomorrow afternoon. __________________
"Gun control: The theory that a woman found dead in an alley, raped and strangled with her panty hose, is somehow morally superior to a woman explaining to police how her attacker got that fatal bullet wound." — L. Neil Smith
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A Liberal lives life fearing the evil a man might do. A Conservative lives life celebrating the good a man does. -JonM | |
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| 04-08-2011, 12:27 AM | #5 | Senior Member Join Date: Oct 2008 Posts: 229 |
I spoke to my lawyer today, he is also a hunting buddy  and he is getting started on all of it. So, if I were to pass before my children we of legal age to take ownership, what needs to be done so that they wouldnt loose them and be able to take ownership once they were of legal age? __________________
Remember the strong oak tree is just a nut that stood its ground. unknown
If we dont stand together we dont stand a chance. unknown
One of the greatest delusions in the world is the hope that the evils of the world are to be cured by legislation. Thomas Reed | |
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| 04-08-2011, 01:27 AM | #6 | Dead Wolves = Good Wolves Join Date: Nov 2009 Location: Rochester WI, Rochester WI Posts: 8,314 Liked 4 Times on 4 Posts
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Quote:
Originally Posted by laynejc
I spoke to my lawyer today, he is also a hunting buddy and he is getting started on all of it. So, if I were to pass before my children we of legal age to take ownership, what needs to be done so that they wouldnt loose them and be able to take ownership once they were of legal age? |
you need someone of legal age that is willing to take possession until they are and will follow your wishes. for that you need a really good attorney familiar with trusts wills inheritance and the NFA rules. __________________
"Gun control: The theory that a woman found dead in an alley, raped and strangled with her panty hose, is somehow morally superior to a woman explaining to police how her attacker got that fatal bullet wound." — L. Neil Smith
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A Liberal lives life fearing the evil a man might do. A Conservative lives life celebrating the good a man does. -JonM | |
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| 09-30-2011, 09:24 PM | #7 | Junior Member Join Date: Sep 2011 Location: san antonio, tx Posts: 19 | ATF keeps moving pages
Quote:
Originally Posted by laynejc
I pretty much answered the other questions by reading posts (should be done first I know) and browsing the atf website. How about the trust, whats is involved.
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Sometimes not easy to find __________________
Soldier of GOD! | |
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| 11-30-2011, 04:01 PM | #8 | Junior Member Join Date: Jan 2010 Location: DFW Posts: 4 |
My C&R took 4 weeks door to door... | |
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| 12-18-2011, 10:10 AM | #9 | Junior Member Join Date: Nov 2011 Posts: 8 |
What does a firearms trust do? Just curious myself and father have a lot. What benifits any info would be great | |
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| 12-18-2011, 10:36 AM | #10 | Moderator Join Date: Feb 2008 Location: Third bunker on the right, Central Virginia Posts: 8,374 Liked 5 Times on 5 Posts
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Thundershot- for ordinary firearms, a trust does not do a whole lot.
However for NFA items (National Firearms Act- usually means full auto, short barreled, or suppressors) some folks have the guns owned by a trust. You do not need LEO approval to have a gun transferred to the trust, no fingerprints, trust owns the gun and not one person. __________________
What we have heah is.... failure to communicate. | |
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