Thanks Rusty Shackleford, NFA Trust

Klunatic · Jun 4, 2013

Rusty,

Thanks for the help with the Trust and helping me out with getting the paperwork substituted on a Suppressor already in the works. I highly recommend "Rusty" for an NFA trust.

I also encourage anyone with NFA items to do a trust. Its simple and will save you many headaches. Even if you only have 1 NFA item. For those already with items in the queue with ATF you can still get the NFA trust done and not loose your place in line. Dana Pickles is the designated examiner for our area but my paper work is being handled by Chris(tina) Farris. She is very helpful.

huesmann · Jun 4, 2013

What is the advantage of a trust (over no trust) for a childless single person?

ThatGuy179 · Jun 4, 2013

huesmann said:
What is the advantage of a trust (over no trust) for a childless single person?

No photos, fingerprints or waiting weeks for CLEO to sign off on it (assuming they would sign off on it in the first place)

mtel · Jun 4, 2013

No fingerprinting, no CLEO signoff needed. Saves time, less intrusive.

SmokingGun · Jun 4, 2013

Is this something generally done before a purchase or after?

mtel · Jun 4, 2013

Depends really.

If you're using form 1, then fingerprinting/CLEO signoff would be after (because you already own the rifle that you're now manufacturing into a SBR).

If it's form 4, then you've dropped a deposit or paid an 07 FFL/SOT upfront but it hasn't been transferred to you yet. So in this instance, I'd call it before.

Jstevens56 · Jun 4, 2013

My question is what happens when you now to another state? Do all states see a trust as the same?

Flipz · Jun 4, 2013

huesmann said:
What is the advantage of a trust (over no trust) for a childless single person?

Trusts are perfect for those who are married and/or have children. It allows those named in the trust to be in possession of the NFA items in the trust at any time. If the forms were filed as an individual, only the person who's name the form is filed under is allowed to be in possession. It also allows for an easier ownership transition if there is a death in the family.

The other benefit of a trust is there is no requirement for photos, fingerprints, or CLEO signoff. Its really not a big deal but does add addtional time to the process. Some who are not married and have no children file using a trust to simply save time since there is no CLEO signoff requirement for trusts. CLEO signoff in MD can take anywhere from 6-8 weeks on average.

ThatGuy179 said:
No photos, fingerprints or waiting weeks for CLEO to sign off on it (assuming they would sign off on it in the first place)

MSP always signs off on forms filed as an individual. Ive never heard of them refusing to do so as long as it is legal for the applicant to own a regulated firearm. All my forms (1's & 4's) have been signed off by MSP without issue. Try not to assume things as it usually leads to unbased rumors spreading around.

Lex Armarum · Jun 5, 2013

Jstevens56 said:
My question is what happens when you now to another state? Do all states see a trust as the same?

Trusts are governed by state law. Any person with a trust that relocates to a new state of RESIDENCE will need to have their trust reviewed by a competent legal professional in that jurisdiction to ensure that the trust complies with state trust law (unless, of course, the NFA items or other property held in trust remains in the original jurisdiction).

Lex Armarum · Jun 5, 2013

You're welcome and thank you for the kind words!

Klunatic said:
Rusty,

Thanks for the help with the Trust and helping me out with getting the paperwork substituted on a Suppressor already in the works. I highly recommend "Rusty" for an NFA trust.

I also encourage anyone with NFA items to do a trust. Its simple and will save you many headaches. Even if you only have 1 NFA item. For those already with items in the queue with ATF you can still get the NFA trust done and not loose your place in line. Dana Pickles is the designated examiner for our area but my paper work is being handled by Chris(tina) Farris. She is very helpful.

rsj1231 · Jun 6, 2013

Given the current NFA wait times, how much time would you save using a trust? Since you wouldn't need prints, pictures or a CLEO sign off.

Flipz · Jun 6, 2013

rsj1231 said:
Given the current NFA wait times, how much time would you save using a trust? Since you wouldn't need prints, pictures or a CLEO sign off.

6-8 weeks on average. Thats generally how long it takes MSP to sign and return "Individual" forms.

L8agin · Jun 6, 2013

Is there any benefit to a trust if one only has title 1 firearms?

GasTerp09 · Jun 6, 2013

SmokingGun said:
Is this something generally done before a purchase or after?

Doesn't have to be done before the purchase. You just need to include a copy of the executed and notarized trust with your form 1/4 when you are ready to send paperwork to the ATF.

Rusty did my trust as well. I'm very happy with the whole process.

OnTarget · Jun 6, 2013

If one doesn't plan on owning a suppressor, then one wouldn't need NFA Trust. Right?
I know other items fall under NFA, but I forgot what they are.

As far as the standard fiearms (handguns and rifles), I assume they can pass down to relatives under a will, e.g. from husband to wife.

GasTerp09 · Jun 6, 2013

OnTarget said:
If one doesn't plan on owning a suppressor, then one wouldn't need NFA Trust. Right?
I know other items fall under NFA, but I forgot what they are.

As far as the standard fiearms (handguns and rifles), I assume they can pass down to relatives under a will, e.g. from husband to wife.

Short barreled rifles, automatic rifles, short barreled shotguns, and suppressors are just some of the things that fall under the NFA. Consult a legal professional to find out what the law says about wills, disposition of NFA property, etc.

Wfilardo · Jul 19, 2013

Rusty also did mine. Awesome job! Highly recommended.

sundaeman · Jul 19, 2013

Wfilardo said:
Rusty also did mine. Awesome job! Highly recommended.

+1

swinokur · Jul 19, 2013

If you have a person you trust and want to lend him your NFA firearm, including that person in the trust allows he/she to possess the weapon legally. Constructive possession is a concern for NFA firearms. Rusty can elaborate.

Lex Armarum · Jul 20, 2013

Wfilardo said:
Rusty also did mine. Awesome job! Highly recommended.

sundaeman said:
+1

You're welcome.

Happy to help!

Thanks Rusty Shackleford, NFA Trust

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