Silencer shop single shot trust

What trust problems are you referring to? I had Sean Cody do mine and have had no issues so far.

I see, hopefully somebody more knowledgeable such as Carson will get in on this, but here's my take.

When adding an item to existing trust, remove all trustees and then re-add them after approval. Is that the general consensus? We are free to add and remove trustees as needed at anytime. No doubt the single shot is a great way to get around this (I use silencer shop for all my purchases) however.

Yes. And technically although it isn’t illegal as of right now to do exactly what he says. It wouldn’t stop the atf from not liking what he is doing and not approve the tax stamp due to that.

I assume the same can be said if the atf decides to not approve all single shot trusts but that would be a whole other legal shitstorm

quote:

---

(4) Documentation of entity existence: (a) If the transferee is other than an individual, the transferee must attach documentation evidencing the existence and validity of the entity, which includes complete and unredacted copies of partnership agreements, articles of incorporation, corporate registration, declarations of trust with any trust schedules, attachments, exhibits, and enclosures.

---

I guess what you are saying is true if you only do it once because them the ATF would never see the new trust documents. The point I was making is that if you do it every time then the ATF will be able to see any included addemdum to the trust removing then re-adding people. Unless you are advocating submitting incomplete or redacted copies of your trust they will see it.

Sean Cody did mine. You can buy fingerprint cards and roll your own, print "passport" photos too.

Exactly. Now a lot of debate can happen with who qualifies as a "responsible person". The ATF words it in a way to say that a responsible person must have the ability to "direct the management and policies of the trust or legal entity". The way my trust was written states that the limited trustee does not have this power. Now people argue that if their only power is to possess a trust item, then they are responsible person's and must submit to CLEO.

Now if they are responsible person's anybody who possess the item bought under a single shot trust if they are not the original settler must submit to CLEO as responsible person's.

So far I have not had any issues, 2 kids as beni's, just wife as trustee. Only myself and her submit.

To lay everything out:

Before buying an item, remove any trustees on your trust with a simple 3 line form removing them.

Now you have what is a "single shot trust". Silencer shop already has the trust, fingerprint, picture, etc. Takes 2 min to buy a NFA item.

Add whoever you want back on after it is submitted with another simple form. The trust never changes. The ATF is never given any information about who is added or removed at any time.

The copy you send in is the copy they see. If you change it 239 times before you submit again, they don't know. You remove them, submit, add them, same day. Some people do this, personally I don't. Too easy to roll your own prints and take a picture.

Prop,

Here is the point that makes a "single shot trust" appealing and where I and many others bend interpretation of 41F.

What happens if I add my trustees back the day after I submit for a new NFA item? Wouldn't they be responsible persons on an item pending approval? Now as far as I've read and I confirmed with lawyers, they do not give any time frame to submit paperwork for a responsible person. I can add and remove as much as I want and still technically be in the law during this pending period. In this case, all that matters is the original trust submitted for the purchase of a NFA item. Is it ideal? No. So do a single shot. But the idea of single shot is nothing new. I can submit my trust over and over as a new trust as many times as I want and have it be a single shot.

So, I like what silencershop is doing. I use them for everything, but the single shot is just a regular trust submitted as a new trust every time. No different, but it is convenient and I might go that route if I didn't have a trust set up already.