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I understand the benefits of using a trust to keep NFA items in the family. I already have a family trust for my assets. Can I use this to purchase a suppressor or do I need a specific NFA trust?
 

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Fun O' Meter on FULL
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You guys aren't understanding his question.
The short answer is yes, you can.
The long answer is yes you can, but don't. If you place firearms or NFA items onto a trust, you open your family (or whomever you put on that trust) to a level of scrutinization that normally wouldn't be necessary. Remember, you have to be a certain age to be gifted or receive a firearm; certain states have laws in place for certain types of firearms and NFA items; and so on. As I understand it, everything on that trust becomes sort of a PITA for the members because of the firearms/NFA items.
Because of that, I would do a NFA specific, or firearms specific, trust. Lot of places out there specialize in these trusts and can walk you through it. I have a NFA trust for my NFA items, but no longer add anything to it. In order to do so I would have to get each person fingerprinted each time I want to add a new item. Or, remove everyone, get myself fingerprinted, add in the new item, and then file paperwork again to have everyone added back on.
 

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shooter of guns, petter of dogs
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Wait what? You have to get fingerprinted each time you add a purchase?
 

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Wait what? You have to get fingerprinted each time you add a purchase?
After 41F passed- yes. But you no longer have to get local level LEO approval. Just send them notification
 
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The trust allowed you to circumvent the need for LEO approval. Which, in some places (like when I lived in Kalamazoo) was almost impossible to do. So, you used a trust. Plus, you don’t lose your NFA/Firearms if you are deemed incapacitated for some reason. Now, fingerprints are mandatory to add anything to a Trust OR Individual Form 1.
 

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Many places scan your fingerprints and when you buy new NFA items, the shop will just send your fingerprints for you automatically. I have bought through Capitol Armory and since they have my trust and fingerprints, I can just purchase anything I want on their website and when the stamp is approved I go to their shop to pick it up.
 

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I still use trusts - easier to add / remove trusted persons so they can use the NFA.

Basically:

Setup trust with yourself as the only Agent or Owner.

Acquire NFA toys using your info, fingerprints, etc as the Trust Agent.

Wait a really long time.

Receive NFA toys, then add persons to trust and they can legally use NFA toys without jumping through hoops.

Sent from my SM-G965U using Tapatalk
 
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