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-   -   NFA Trust in Kentucky (http://www.firearmstalk.com/forums/f47/nfa-trust-kentucky-102891/)

kytowboater 01-17-2014 06:36 AM

NFA Trust in Kentucky
 
I'm not clear on what or how a trust works. I've tried to read up on it, the language is not that clear at the moment. Boat brain right now.

Does anyone have any knowledge or experience of a trust in Kentucky?

Or can anyone shed any light on the benefits of one?

One day I would like some SBRs and SBS, suppressors etc.

austin92 01-17-2014 08:46 AM

Will subscribe as I have the same questions

c3shooter 01-17-2014 08:51 AM

The NFA firearm is transferred to the trust. Trust owns it. You can add or remove people from the trust- any of them may possess it. Going the trust route removes the fingerprint/ photo/ permission of the CLEO things- Feds are trying hard to change that.

kytowboater 01-17-2014 09:30 AM

Is there are limit to the amount of nfa items to the trust or do you have to still get a stamp for every nfa item?

sparky80 01-17-2014 09:48 AM

You still need a stamp for each item. And because of the current back log plan on waiting about a year even with a trust. Hopefully the trust will still be a option for us who's CLEO won't sign off. Another plus to a trust is that you can pass your NFA items on to spouse/children/family, etc with no extra paperwork.

sparky80 01-17-2014 09:49 AM

Also you can add as many items as you can afford.:D

kytowboater 01-17-2014 10:15 AM

Okay thank y'all for helping me to understand. Now, to convince the wife I need an SBR. Or a can....

sparky80 01-17-2014 12:05 PM

Definitely a NEED

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