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Started By
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Gun Trusts
Posted on 12/10/13 at 9:38 am
Posted on 12/10/13 at 9:38 am
I'm about to have one written up. Just wondering who on here has a trust and their experience getting the trust established and experiences acquiring NFA items through the trust. 
3
Posted on 12/10/13 at 9:39 am to toadmanalcatraz
Are you old?
Posted on 12/10/13 at 9:43 am to toadmanalcatraz
ATF is in the process of possibly changing how trust work...
Posted on 12/10/13 at 9:44 am to toadmanalcatraz
I have a trust I had set up to purchase some suppressors. I used a lawyer out of NOLA that I would highly recommend.
Posted on 12/10/13 at 9:46 am to Bama and Beer
Why would you need a trust? If looking at a young person to give a gun to, just do it now. What would happen if said kid turn out and ended up in jail?
I already told my kids on which guns goes to who. I even turn over all my land to my kids besides my house. I'm just trying to protect there interest over time. I'm not that old, but I have health problems.
I already told my kids on which guns goes to who. I even turn over all my land to my kids besides my house. I'm just trying to protect there interest over time. I'm not that old, but I have health problems.
Posted on 12/10/13 at 9:48 am to fishfighter
quote:
Why would you need a trust?
This is for NFA guns. Machine guns, silencers, short barreled rifles...
Posted on 12/10/13 at 9:49 am to fishfighter
Folks get trusts for NFA weapons and suppressors. The ATF is currently trying to whack that all up. In LA one needs an attorney to set it up, usually about $300.
Posted on 12/10/13 at 9:49 am to fishfighter
quote:
Why would you need a trust?
If you setup a trust and but NFA items through the trust anyone that is a trustee can legally possess the items in the trust.
This post was edited on 12/10/13 at 9:50 am
Posted on 12/10/13 at 9:51 am to fishfighter
quote:
I already told my kids on which guns goes to who. I even turn over all my land to my kids besides my house. I'm just trying to protect there interest over time. I'm not that old, but I have health problems.
Better make a will and spell that shite out. After you croak it can be complete bedlam if they don't get along, or agree with "what you told them".
Posted on 12/10/13 at 9:52 am to fishfighter
quote:
Why would you need a trust?
Also, having a trust allows you to use the ATF's efile system. Which, according to some folks, is currently running @ 4-5 month processing periods. Which is a hell of a lot faster than going the individual paper route.
Posted on 12/10/13 at 9:55 am to civiltiger07
quote:
If you setup a trust and but NFA items through the trust anyone that is a trustee can legally possess the items in the trust.
Got y'all.
Don't own any full auto guns. 
Posted on 12/10/13 at 10:19 am to Bama and Beer
if 32 is considered old, then yes, i'm old
Posted on 12/10/13 at 10:43 am to civiltiger07
quote:
I have a trust I had set up to purchase some suppressors. I used a lawyer out of NOLA that I would highly recommend.
This is what I'm trying to get set up for and possibly an SBR build later. With all the proposed ATF changes to NFA item Trust purchases, I figured now id the time to get it set up and get my paperwork in. Did you use Mouthpiece?
Posted on 12/10/13 at 10:53 am to toadmanalcatraz
quote:
Did you use Mouthpiece?
Sure did! Would highly recommend using him.
Posted on 12/10/13 at 10:57 am to Mung
I did the spreadsheet attachment to the will on the firearms. Kids' names assigned to each one. They can swap amongst themselves after the fact if they wish.
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