thedutchtouch
Active Member
As what seems like is the pattern with most new to NFA purchases people, I've been spending a bunch of time reading about supressors, trusts, and other NFA items. I've been searching and reading as many old threads as possible, but they're just that, old. Many threads reference rule/law changes and how they may or may not affect the need for trusts, but are from 2-3-10 years ago so I figured (at the risk of being redundant) I'd start a poll to gauge current opinions as of March 2023.
Trusts - are they needed any more? and if you say yes, what's your preference, a single shot trust for each item, or a larger trust that you can add each item to? There seems to be pros/cons to either to me, single shot lets you control access/inheritance to each item individually without having to pay again, however that could also be seen as a hassle to have to update/ keep track of each one separately depending on the scenario.
Personally I fall on the "yes" side but am just unsure about a gun trust and adding all items to it vs single shot trust for each item - I'm looking at buying two different supressors at the moment, and likely won't stop there, so the initial part of this is the financial side, (using silencershop prices as a reference here) paying ~25 dollars apiece is cheaper upfront for the single shot(s) vs ~130 for a gun trust (but this would likely would be lower cost long term). In terms of inheritance/access, I have one other person, my brother, that I'd like to allow access to my silencers "now" (after purchased/received), as well as two minor children that I'd like to inherit my items when the time comes, without their mother or the courts knowing the details. Perhaps this changes with a new hunting buddy down the road.
Thanks for indulging a repeat topic, I'm trying to learn as quickly and efficiently as I can as I know these purchases will take quite a while to clear, and the best time to buy anything like this is in the past, with the second best time being ASAP
. Hopefully this will help add some clarity for me and other newbies with an "updated" thread. Please feel free to call me out for not being able to search properly if I've missed threads that already answer this and are at least within the last year or so.
Trusts - are they needed any more? and if you say yes, what's your preference, a single shot trust for each item, or a larger trust that you can add each item to? There seems to be pros/cons to either to me, single shot lets you control access/inheritance to each item individually without having to pay again, however that could also be seen as a hassle to have to update/ keep track of each one separately depending on the scenario.
Personally I fall on the "yes" side but am just unsure about a gun trust and adding all items to it vs single shot trust for each item - I'm looking at buying two different supressors at the moment, and likely won't stop there, so the initial part of this is the financial side, (using silencershop prices as a reference here) paying ~25 dollars apiece is cheaper upfront for the single shot(s) vs ~130 for a gun trust (but this would likely would be lower cost long term). In terms of inheritance/access, I have one other person, my brother, that I'd like to allow access to my silencers "now" (after purchased/received), as well as two minor children that I'd like to inherit my items when the time comes, without their mother or the courts knowing the details. Perhaps this changes with a new hunting buddy down the road.
Thanks for indulging a repeat topic, I'm trying to learn as quickly and efficiently as I can as I know these purchases will take quite a while to clear, and the best time to buy anything like this is in the past, with the second best time being ASAP
. Hopefully this will help add some clarity for me and other newbies with an "updated" thread. Please feel free to call me out for not being able to search properly if I've missed threads that already answer this and are at least within the last year or so.
