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Old 11-27-2011, 05:47 PM   #11
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hillbilly, what is an NFA trust? and how does it work? what are the benefits?
a trust is much like a person with a lot of the same rights but not quite. a trust basically has some legal entity rights mainly the right to posses property. the purpose is to allow multiple people to legal have control o property at the same time. in terms of nfa there are a few advantages to using a trust.

the main advantage most people see is that you generally do not need to be finger printed or photographed or have a cleo permission letter or signature to excersise your 2A rights. it also supplies a vehicle in terms of inheritance of nfa items. it also allows you to put members of your household on the trust with you so they can legally have access to your nfa items. these rules vary state to state. in wisconsin i dont need any special permissions to own sbr silencers sbs aow but for machine guns i still need a cleo letter even with a trust. it varies state to state.

you can use it just by yourself or add a child or wife or friend so long as they may legally possess nfa items. so if you add crazy uncle charlie who just got out of the penitentiary, the atf will still approve the transfer but you just broke the law. you will soon reside in prison along with crazy uncle charlie for firearms violations. it is NOT a means of bypassing laws regarding prohibited persons from possessing firearms.

llc is also a means of nfa possession but there are a lot more hoops and yearly costs to keep an llc going. personally i would not use a llc mainly because if he llc ever disolves those nfa items CANNOT be transfered to a new individual or entity. they must be transffered out of the llc before it becomes defunct. there is no inheritence vehicle for nfa in a llc.

the easiest route is personal ownership meaning you go the fingerprint photo signature but thats true only if the local cleo is friendly. if you go that route your the only person who can legally have access to the nfa items. this means that if you give the combo to your safe to your wife you just violated the national firearms act and if the batfe finds out you and the person you gave access to goes to jail.

in my opinin the trust is the safest way to go. you can add people you totally trust. my wife and i are on our trust which means she can have access to and use the nfa stuff ithout me being there.

personally i do NOT recomend interweb trust creation programs. there have been people who have had legal issues with them when contested by their state. find a nfa lawyer you can speak with in person that is familiar with nfa trusts in your state. the batfe doesnt vet your trust for you all they do is proccess the paperwork. just because the batfe sends sends you a stamp back doesnt mean your trust is a legal entity and entitled to posses nfa items.
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Old 11-27-2011, 06:45 PM   #12
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Jon nailed it right on the head.A trust can save you and your family a bunch of headaches down the road,plus it leaves the local LE out of your personal business.
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Old 11-27-2011, 08:18 PM   #13
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thanks JonM and hillbilly for the information. this was what i needed to know, because it looks like something i could use to make it legal for my wife to have access to such items. thanks.
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Old 11-27-2011, 10:12 PM   #14
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thanks JonM and hillbilly for the information. this was what i needed to know, because it looks like something i could use to make it legal for my wife to have access to such items. thanks.
if your wife is a prohibited person dont do it. basically if she cannot legally purchase a handgun on her own then do not add her. prohibited person means those under 21, felons, drug users, domestic violence, on trial for a felony, mental patients etc.
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Old 11-29-2011, 08:43 AM   #15
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Im glad i read this thread. Found one gun trust attorney and called him. His fee is $200. What about you guys fees? Does this trust make the process of owning class 3 items faster n easier? Im planning to get a suppressor for my glock19. And how long is the average wait when doing the transfer, few months? Thx for any inputs..
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Old 11-29-2011, 06:39 PM   #16
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Im glad i read this thread. Found one gun trust attorney and called him. His fee is $200. What about you guys fees? Does this trust make the process of owning class 3 items faster n easier? Im planning to get a suppressor for my glock19. And how long is the average wait when doing the transfer, few months? Thx for any inputs..
Thats low average in cost. Its worth it going through a real attourney familiar with your state laws. Once you submit the app and fee its about 30-180 days. Right now rumour mill has approvals at 150 days avg.

Nfa is a paperwork and wait game. No getting around that
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Old 11-29-2011, 07:09 PM   #17
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Thx Jon for the info.
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Old 11-29-2011, 07:43 PM   #18
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Thx Jon for the info.
Your welcome but i failed to answer the middle part. It does make the proccess easier. In most states it lets you skip the photo and fingerprint and cleo signature parts. You still gotta do the bg check when you pick it up just like anyother firearm.

It doesnt make the proccess faster after submission just the steps getting the paperwork in order faster which can shave 2-3 weeks waiting on sherriff chief police signature at a minimum.

That can vary state to state as i noted in a previous post.
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Old 12-13-2011, 05:54 PM   #19
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It doesnt make the proccess faster after submission just the steps getting the paperwork in order faster which can shave 2-3 weeks waiting on sherriff chief police signature at a minimum.
In Harris County (Houston) you will never get the Sheriff to sign the paperwork for a FA. No matter who you are, no matter how rich you are, never. So a Trust is your only chance to get a FA, silencer, SBR, etc if you live in Harris County like about 4.5 million of us do. Now I just bought some property in Blanco County west of Austin and briefly met the Blanco County Sheriff. When I end up moving out there that guy will become a friend and I hope that a more rural sheriff will have a different viewpoint on the subject. But if not.........I gotta trust.

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Old 12-18-2011, 10:21 AM   #20
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Sorry did not read the whole thread. Think I understand
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