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Re: NFA Trusts and how does it work?
Posted: Tue Aug 25, 2015 11:17 am
by JALLEN
Don't take any of them to California.
Re: NFA Trusts and how does it work?
Posted: Wed Aug 26, 2015 9:24 am
by Scott B.
Wednesdays are the worst, they take the eForms site down for 'weekly maintenance'. Some 5/5's were approved yesterday, so I'm about 10 days out.
Re: NFA Trusts and how does it work?
Posted: Wed Aug 26, 2015 3:00 pm
by QB
I just got my Trust and am having it finalized (signed/notarized) Friday by myself and my co-trustee. I'm only buying a couple of suppressors to start with that will be used on some Ruger 10/22s, RAR Predators (.22LR bolt action) and Ruger 22/45 LITEs.
My top four rimfire suppressors choices are:
AAC Element 2
Dead Air Armament Mask22
Spectre II
Axiom (Tactical Solutions)
Leaning towards the first 2 being the AAC Element 2 and Mask 22
I have to check with the dealer to see if buying 2 at one time affects the time it takes to get the stamp approval or not. I don't know if it would be 2 separate submissions or one combined submission but I'll find out.
I was going to wait until I retire to do this but am afraid by then the rules will have changed, making it impossible for me to purchase suppressors so I decided to take the plunge now.
Re: NFA Trusts and how does it work?
Posted: Wed Aug 26, 2015 8:29 pm
by SigM4
QB wrote:
I have to check with the dealer to see if buying 2 at one time affects the time it takes to get the stamp approval or not. I don't know if it would be 2 separate submissions or one combined submission but I'll find out.
It will end up being two separate submissions, and while they may even get mailed in together, there is no guarantee that they'll be approved at the same time. However, my experience has been that they typically get approved within a day or so of each other if not the same day.
Good luck on your decision, there are a lot of quality .22 cans out there. Would recommend you make sure to get one (or more) that disassemble easy, are are multi-caliber/full auto rated, and have SS internals or are otherwise able to be cleaned (at least occasionally) via the dip method or ultra-sonic cleaner.
I've currently got a Sparrow and a Spectre II, but I've been eyeing an Axiom recently. Be forewarned they're addictive.
Re: NFA Trusts and how does it work?
Posted: Fri Aug 28, 2015 7:16 pm
by SC-Texas
rentz wrote:
The attorney who did my trust told me that there is a process for notifying BATF of any permanent change to the barrel length of a SBR, if the new length is also an SBR length. I forget the details of how, except that it does NOT involve paying another stamp tax.
The key word here is permanent change.
I tell my clients that they can use any length barrel in any caliber as long as they can return the weapon to the configuration on the form 1.
Some clients have requested a letter that can be sent to the ATF notifying them that the weapon may be used in multiple configurations I.e. Calibers and barrel lengths. I have that letter available for my trust clients. It's not super secret or anything. Just lists the multiple barrel lengths and calipers.
Re: NFA Trusts and how does it work?
Posted: Fri Aug 28, 2015 7:20 pm
by SC-Texas
[quote]My top four rimfire suppressors choices are:
AAC Element 2
Dead Air Armament Mask22 [\quote]
Definitely go with either the element 2 or the mask. I met a trust client at the addicks range today and let him have a conjugal visit with his element 2. It was impressive.
We shot the element on a buck mark and two ar15s. It sounded great with gemtech subsonic and did well with supersonic bulk pack
The Element 2 sounded as good as his sWR specter at half the weight and less length.
I have to check with the dealer to see if buying 2 at one time affects the time it takes to get the stamp approval or not. I don't know if it would be 2 separate submissions or one combined submission but I'll find out.
As noted above. This is two submissions. Never know when they will be approved. I have had trust clients have forms that were sent in on the same day approved weeks apart.
Re: NFA Trusts and how does it work?
Posted: Fri Aug 28, 2015 7:27 pm
by SC-Texas
misterlarry wrote:Once a person has established a trust, are there any maintenance or renewal fees associated with it or its use? Thanks.
No. It is a private entity. It isn't filed wi the city, county or state governments.
The only agency that gets a copy is the ATF as an attachment to a form 1 or form 4 submission
Re: NFA Trusts and how does it work?
Posted: Sat Aug 29, 2015 11:31 am
by GeekwithaGun
I setup a trust this month, Just pulled the trigger on my first .30 cal can and will be submitting the paperwork on Monday.
Re: NFA Trusts and how does it work?
Posted: Sat Aug 29, 2015 1:57 pm
by ScottDLS
Anybody still try to get your CLEO to sign your form 1's & form 4's? I'm out of luck since the Denton County Sheriff won't any more. I have a corporation and an LLC for investment reasons, so I'll use those if I feel like getting any more NFA stuff. Also, I understand the "legal entities" have the advantage of you being able to name multiple responsible parties, but I always kind of liked my picture on my forms.
Also, a side note. I heard Texas changed NFA registration from a "Defense to Prosecution" to no longer an offense if item is registered. Takes effect 9/1.