Recent content by heavyd

I doubt it. The states govern their own trust laws. Messing with state law on such a petty issue would get the feds into a losing legal battle. They know it, and that's why it wasn't provided for in 41F.

You would need to do this for every purchase. But, it's only a simple form you send in with your application.

Below is a blog post that just went up on our website, linked below. You can download a free amendment that keeps your co-trustees from having to deal with the 41F requirements. New 41F Update for all NFA Lawyers Clients: The ATF will require fingerprints, pictures, and a law enforcement...

It does not matter at all who pays for or with what kind of funds the NFA weapon is purchased with. Same for the tax stamp.

Only going forward. As discussed above, it appears that the regulation would not affect co-trustees in my trust. This is because co-trustees in my trust do not have managerial authority. If this is the case, filing with a trust would still be the way to go because all of your co-trustees could...

Thanks, @dougiemac. I was about to post this.

Scan it in at a lower resolution.

Anything direct thread by TBAC.

Did you receive a confirmation email?

David claims to have "invented" the gun trust. I would have no idea if this is true. He has been doing gun trusts for quite some time.

Bingo

He was probably using one of my trusts that does not have a Schedule A. It's a poor way to draft a gun trust.

A trust does not have to own tangible property in order to exist. Most trust attorneys, including myself, have the settlor grant $10, or some other nominal amount. This is a formality so the trust technically owns property.

Good talking to you, Josh.

You are very welcome.