IrkedCitizen
WKR
There should not be favoritism between individual or trusts. That's the issue
YesAre any of these quick approvals Silencer Shop?
No. There should be no stamp required. That's the real issue.There should not be favoritism between individual or trusts. That's the issue
I’d assume a trust is more work to review?There should not be favoritism between individual or trusts. That's the issue
I don't think the ATF is reviewing the trust language. Only checking that the settlor/trustee is the same person(s) as the stamp application. I know this at a minimum, because last year SC screwed up a trust for me and submitted with prior trust co-trustees included. As expected, the ATF kicked it out. You'd think with all the bragging silencer central does that the trusts would be as fast as an individual.I’d assume a trust is more work to review?
I think it depends. You lose a lot of flexibility on an individual app. If you have no intention of passing it down to a child or friend when you die, or want others to be able to use it, then by all means individual is the way to go.I regret not doing an individual.
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Imho the biggest issue with an individual is that no one in your household can have access to your nfa items. Means you need a different lockbox or safe That only you have the combo or key.I think it depends. You lose a lot of flexibility on an individual app. If you have no intention of passing it down to a child or friend when you die, or want others to be able to use it, then by all means individual is the way to go.
Correct, but if it's not specifically willed, I think the suppressor dies with you. I could be wrong there though.even as an individual you can pass it along upon passing. The receiver will just have to do a transfer fee. It’s just easier and cheaper with a trust. No transfer fee and they can take possession right away If already on the trust.
It's the same form5 requirementCorrect, but if it's not specifically willed, I think the suppressor dies with you. I could be wrong there though.
Curious if anyone has ever been investigated or prosecuted for this?Imho the biggest issue with an individual is that no one in your household can have access to your nfa items. Means you need a different lockbox or safe That only you have the combo or key.
Hard to say, I tend to think lots of people get tangled up with three letter agencies for things they think are small and they can get away with. A guy I used to work with a few years ago used to think that he could just buy all sorts of non registered silencer things off facebook and get away with it. Apparently he got caught with them. I think there is some sort of tracking going on.Curious if anyone ever been investigated or prosecuted for this?
You and me both. I still think a trust is the way to go in the long term but damn if it annoying to see lighting fast approvals for the other side of the coin. My last 2 took 7 months a piece, both on a trust, which wasn't too terrible I thought..It's seeming like all the quick approvals are individual. I'm settling in for the long wait with my 2 in jail on trust.
Jeez it would almost be worth just buying it on an individual form 4 to get it in your hands and then pay 200 later to have it transferred to a trust.You and me both. I still think a trust is the way to go in the long term but damn if it annoying to see lighting fast approvals for the other side of the coin. My last 2 took 7 months a piece, both on a trust, which wasn't too terrible I thought..
Probably not as a primary offense, but could easily be an add on. I would see it going like this “Leo is in your house and knows you have a nfa item. Asks who can open your safe. When you say anyone but you, then they could prosecute if they choose to.Curious if anyone ever been investigated or prosecuted for this?
Have honestly been considering this.. Wonder what that process looks like if you are trying to move multiple in to a trust.Jeez it would almost be worth just buying it on an individual form 4 to get it in your hands and then pay 200 later to have it transferred to a trust.
Pay $200 and file a paper form 4 for each NFA item.Have honestly been considering this.. Wonder what that process looks like if you are trying to move multiple in to a trust.
Hmm.. Maybe I'll just buy a bunch as an individual now and wait it out to see if the NFA gets repealedPay $200 and file a paper form 4 for each NFA item.