Got my NFA trust started today

Discussion in 'NFA/Class 3 & FFL Discussion' started by Txhillbilly, Nov 1, 2011.

  1. Txhillbilly

    Txhillbilly Active Member

    4,440
    0
    36
    I've been wanting to get several suppressors for some guns for quite a while.
    But as usual,I think about it,and do something else.I have talked to a couple attorneys in my area about a trust,but I didn't come away with much from them.I really don't think they were familiar with doing Class 3 NFA Trust work.

    I had heard about Sean Cody in Houston,Tx.,and looked him up on the computer.He's got a very informative website,and it helped me decide to give him a call today.I called him,and I really liked what he told me,and how he answered every question that I had about a NFA Trust.I asked about putting friends and family on it,and also the + and - about the trust,he answered them all.
    In about 15-20 minutes on the phone,he took all my info,and set me up.I think this was the best $450 I've spent in a long time.
    As soon as I receive everything in the mail,I really get looking on the suppressors I want.

    For all you guy's that have working knowledge on suppressors,what are some of the brands to look at,and the ones to stay away from?
    I'm wanting to get the following calibers-22LR,223,308,45ACP,and 458 SOCOM.


    For anyone interested,here's Sean's website-
    Home
     
  2. JonM

    JonM Moderator

    ive got a silencerco sparrow 22lr the stainless version is the one you want!! the only supressor for 22lr that does the job is the silencerco. highly highly recommend it. winds has hands on experience with my sparrow.

    ive got a surefire in the works for 308. i like the features of the surefire.

    45acp the osprey from silencerco is very very very sweet. it MIGHT work with the socom. you can call em and ask.

    aac is another top brand. i think yankee hill another.

    for rimfire you want a user servicable model.
     

  3. Txhillbilly

    Txhillbilly Active Member

    4,440
    0
    36
    Thx,Jon.I'll check them out. THB
     
  4. JonM

    JonM Moderator

    oh also stay away from suppressors that use old school wipes
     
  5. BillM

    BillM New Member

    1,144
    0
    0
    Hoo-boy---a "which suppressor is best" question.:)

    My vote for 22LR---Liberty Kodiak TL.
     
  6. Alpha1Victor

    Alpha1Victor New Member

    782
    0
    0
    Aac makes a great suppressor. I just recently got a great deal on a wilson wisper for .308. Thd wilson is top notch!

    Signing out, Alpha1victor.
     
  7. NativH

    NativH New Member

    215
    0
    0
    Sean drew up my trust about 5 months ago. The BATFE had no problem with it and so far I have two FA's on it. The tax stamps came back in 4 months and 2 weeks on both FA's. Will be sending in paperwork on a silencer and another FA within a few weeks. I kept trustees to a minimum on my trust FWIW.
     
  8. smith934

    smith934 New Member

    5
    0
    0
    My trust was done by Guntrustlawyer out of FL. You have to remember that all states don't have the same requirements for a trust. Guntrustlawyer sends your trust to an affiliated lawyer in your state for fine tuning to meet your state's trust requirements. BATFE only sees a trust, they don't make a judgement as to whether it actually meets your state's requirement, that's up to you; if push comes to shove it had better be in compliance.
     
  9. Axxe55

    Axxe55 The Apocalypse Is Coming.....

    7
    0
    0
    hillbilly, what is an NFA trust? and how does it work? what are the benefits?
     
  10. winds-of-change

    winds-of-change The Balota's Staff Member

    Yes, I have shot Jon's gun with the silencer. It was impressive, indeed.
     
  11. JonM

    JonM Moderator

    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.
     
    Last edited: Nov 27, 2011
  12. Txhillbilly

    Txhillbilly Active Member

    4,440
    0
    36
    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.
     
  13. Axxe55

    Axxe55 The Apocalypse Is Coming.....

    7
    0
    0
    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.:D
     
  14. JonM

    JonM Moderator

    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.
     
    Last edited: Nov 27, 2011
  15. okdonk

    okdonk New Member

    2,821
    0
    0
    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..
     
  16. JonM

    JonM Moderator

    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
     
  17. okdonk

    okdonk New Member

    2,821
    0
    0
    Thx Jon for the info.
     
  18. JonM

    JonM Moderator

    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.
     
  19. NativH

    NativH New Member

    215
    0
    0
    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.
     
    Last edited: Dec 14, 2011
  20. thundershot

    thundershot New Member

    8
    0
    0
    Sorry did not read the whole thread. Think I understand