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Old 01-30-2017, 07:48 PM   #11
jfrey123
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Default After 41F, are NFA trusts now mostly irrelevant?

Can you e-file without a trust?
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Old 01-30-2017, 08:45 PM   #12
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No, you cannot e-file a Form 4 now regardless of status. However, that is irrelevant to my question.

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Old 01-31-2017, 03:55 AM   #13
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Gotcha, just a noob question on my part. If you could e-file a trust but couldn't an individual, that might be of interest to some. But if that's not a thing at all right now then, yeah, it doesn't matter.
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Old 01-31-2017, 04:31 AM   #14
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You used to be able to e-file Form 4s, but the BATFE disabled that in 2015 to break our balls.

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Old 02-15-2017, 10:14 PM   #15
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Not just NFA but all firearms: wouldn't having the firearms in a trust mean they can go straight to your children in another state without going through an FFL?
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Old 02-16-2017, 12:35 AM   #16
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Not just NFA but all firearms: wouldn't having the firearms in a trust mean they can go straight to your children in another state without going through an FFL?
They already can -- any non-NFA firearms received via inheritance can be transported to a home state without involving an FFL.

The advantage of a trust with NFA items is there isn't any paperwork needed like there is for inheritances.
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Old 02-16-2017, 01:16 AM   #17
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Hopefully if the HPA becomes a reality, I and anyone else will be able to just make our own cans.... there are kits out there now...
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Old 02-16-2017, 04:25 AM   #18
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They already can -- any non-NFA firearms received via inheritance can be transported to a home state without involving an FFL.

The advantage of a trust with NFA items is there isn't any paperwork needed like there is for inheritances.
Not exactly what I meant. Normally, your assets go to your spouse upon your death. Having a trust skips having to have a will specify that your guns go straight to your children. If your wife inherits your firearms and then transfers them to your children, that is a gift that goes through an ffl.
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Old 02-16-2017, 11:24 PM   #19
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Not exactly what I meant. Normally, your assets go to your spouse upon your death. Having a trust skips having to have a will specify that your guns go straight to your children. If your wife inherits your firearms and then transfers them to your children, that is a gift that goes through an ffl.
Inheritance laws vary widely from state to state. Just because someone has a spouse does not mean that all of their possessions automatically go to their spouse. This is especially true if there is a will in place stating otherwise.
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Old Yesterday, 04:29 AM   #20
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I have not put trustees on my trust yet... So ATF only has me listed I can and will be adding some FA stuff this year so I will only need to submit my photo and prints. I have kids who are soon to be stamp collectors too so we will be putting things in one trust this way if we get tired of something we can move stuff around and in 10 or 15 years they will use the trust to inherit all my stuff.

You can add or subtract people when you want and ATF does not get updated on the additions. So in theory you can add someone and if you wanted you could remove them and pick up something else with your photo and prints in the future then add them back on if you want to or in the future you can add friends and family and for ATF to know who is on it they would have to do a search at the local level to see who the current trustees are....

You and several friends could form a trust and be able to pool several things so that you could afford to collectively own more toys or even afford a few more machine guns that other wise may be just out of your reach. Three or four people could collectively own 4 full autos for the price of one.

When I was younger I made a deal with a friend on cameras and equipment. He would buy a 100mm lens I would get a 200mm or a fish eye then a 400 mm a new motor drive and so on. In a very short time we collectively had an amazing inventory of gear to use. After we got everything we wanted then we started to fill in our own gear until we both had what we wanted... But camera gear is limited NFA weapons can go on and on... lol
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