Yes - she not only did my NFA trust but also my Revocable Living Trust.
Anyone every use that Potomac Gun Trusts listed in the IP section?
was there a recent rule change about what NFA items we were allowed to put into a trust? i thought i heard something about that
just remember every listed in the trust is a responsible member and will need passport photos and finger prints. you can set up some one as heir with out any thing.
ATF said:In the case of a trust, those with the power or authority to direct the management and policies of the trust include any person who has the capability to exercise such power and possesses, directly or indirectly, the power or authority under any trust instrument, or under State law, to receive, possess, ship, transport, deliver, transfer, or otherwise dispose of a firearm for or on behalf of the trust.
Britt Stouffer was great!
Sent from my iPhone using Tapatalk
How much did it cost?
Just use a arm brace.Legal to shoulder now.
No. "Everyone listed on the trust" is not a Responsible Person. There is a very clear cut definition from the ATF as to what constitutes a Responsible Person.
That is:
Weather or not a person listed in a certain role on a given trust is a Responsible Person or not depends entirely on how that trust is written. If it gives the listed powers above to a person, then they are a RP. If it doesn't, they aren't.
For example: On my trust, I am Settlor / Grantor and sole Trustee. Those roles give me the powers above, so I am an RP. My wife is Successor Trustee, and my minor son is Beneficiary. Neither a Successor Trustee or a Beneficiary the way that my trust is written have any of the powers that would make them an RP. So for my trust I am the only RP, not my wife and not my son, even though they are "listed" on the Trust.
Too many people forget that not every trust is written the same, and the legalities surrounding them (especially with issues like RPs) depend entirely on how a given trust is worded.