NFA Gun Trust before 1 Oct MD gun ban deadline

Gab3 · Jul 14, 2013

I just learned about all this "trust" stuff. Noob i know

So, I have some NFA firearms that are registered to me at BATFE. I want to transfer them, and some other non-NFA firearms, into the trust. If I file this week (July 15th) the transfer might not be complete till after 1 Oct. Will my transfer be null and void, or is the effective date of the transfer the day i send the NFA transfer package to BATFE?

Also, if I have a non-NFA firearm thats on the MD gun ban list, will i need to do an ATF form 4 and get a tax stamp to transfer said firearm into my trust?

Thanks for your help guys!

euler357 · Jul 14, 2013

Each NFA transfer will require paying the NFA tax again.

Non-NFA firearms would not require NFA paperwork (form 1 / form 4).

AGCLVP · Jul 14, 2013

Gab3 said:
I just learned about all this "trust" stuff. Noob i know

So, I have some NFA firearms that are registered to me at BATFE. I want to transfer them, and some other non-NFA firearms, into the trust. If I file this week (July 15th) the transfer might not be complete till after 1 Oct. Will my transfer be null and void, or is the effective date of the transfer the day i send the NFA transfer package to BATFE?

Also, if I have a non-NFA firearm thats on the MD gun ban list, will i need to do an ATF form 4 and get a tax stamp to transfer said firearm into my trust?

Thanks for your help guys!

If you are concerned about SB 281 your concerns are unfounded.

SB 281 does not address NFA firearms.

Gab3 · Jul 14, 2013

Ah interesting, didnt know that. Ok so, i have an AR that will be on the gun ban. I figured putting all of my firearms in a trust, to include my nfa firearms will help the situation a bit. So, once i sign and notarize the paperwork showing that the firearm is in the trust, i shud b good right? Do i need to file said trust with the state of Md or anything?

Biggfoot44 · Jul 14, 2013

A Trust can only own NFA items , not normal firearms.

teratos · Jul 14, 2013

Biggfoot44 said:
A Trust can only own NFA items , not normal firearms.

You could put non-NFA firearms in a trust. I would not mix them with NFA firearms.

Kingjamez · Jul 14, 2013

Gab3 said:
Ah interesting, didnt know that. Ok so, i have an AR that will be on the gun ban. I figured putting all of my firearms in a trust, to include my nfa firearms will help the situation a bit. So, once i sign and notarize the paperwork showing that the firearm is in the trust, i shud b good right? Do i need to file said trust with the state of Md or anything?

I don't think a trust does what you think it does. You should talk with a NFA lawyer and get some qualified answers.

-Jim

rbird7282 · Jul 14, 2013

There is no point in placing non NFA firearms in your NFA trust. No point in placing regulated (MD) firearms in a trust even if they will be banned after Oct. 1st. If you own it now (legally) then you're good to go come October. You don't need to do anything else. As far as NFA stuff, I don't know Jack.

Biggfoot44 · Jul 14, 2013

My Atty said I couldn't put non-NFA items in my NFA trust.

teratos · Jul 14, 2013

Biggfoot44 said:
My Atty said I couldn't put non-NFA items in my NFA trust.

You would have to make a separate trust.

Lex Armarum · Jul 14, 2013

Let me help:

http://www.mdshooters.com/showthread.php?t=111091

The fact is you SHOULD NOT put non-NFA firearms into a trust, ANY trust. TO EVERYONE, if you have questions about your trust or trusts in general, please come talk to me. I'm always happy to chat (yes, for no $, to a degree). If you don't want to talk to me, go find a lawyer but make sure they know of and understand MD firearms law and NFA laws. Fair warning, many attorneys in Maryland refer to me for NFA trusts. You can find my contact info in the IP section.

TapRackBang · Jul 15, 2013

^^^^^ and that's /thread.

NFA Gun Trust before 1 Oct MD gun ban deadline

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