Creating A Trust To Own NFA Firearms
- Thread starter bayoutrigger
- Start date
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bayoutrigger
Well-Known Member
Up Up and Away
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bayoutrigger
Well-Known Member
The address of a Louisiana trust is the address of the trustee.
Change of address?
How do you change it on the revocable trust? Do you just add an amendment or do you have to have to get it re-notarized?
JR1572
How do you change it on the revocable trust? Do you just add an amendment or do you have to have to get it re-notarized?
JR1572
bayoutrigger
Well-Known Member
An amendment should be notarized just like the original.
bayoutrigger, I'll address this to you since it seems as though you are pretty knowledgeable about the NFA. you mentioned that trusts became legal in La. in 1938, was that for purchasing NFA items or trusts in general. also once the NFA of 1934 became law has louisiana always had the same restrictions every since then. I read where some states are just now allowing suppressor purchases. If I am correct La. allows everything pertaining to NFA items. Has it always been this way? If you could just direct me to the source where this info is available it would be greatly appreciated. I like to know the history of how we got to where we are today. Thanks, tlowry
Also, aren't LLC's a relatively new concept.
Also, aren't LLC's a relatively new concept.
I am pretty new to the NFA process, but hopefully by christmas I will have my first SBR. I was able to go the individual route on this, but the sheriff wouldn't sign off on a suppressor. So, I am planning on using the trust posted earlier in this forum but one thing I don't understand is whether or not I have to record the trust with the Clerk of court or anything. I filled out the Trust and got it notarized and signed by witnesses. Can I just forward a copy of the notarized trust to my dealer, or do I need to do anything else before sending it?
bayoutrigger
Well-Known Member
A C Corp can own a class 3 weapon.
bayoutrigger
Well-Known Member
To add NFA item to trust you would use a form similar to the Transfer To Trust form at the beginning of this thread.
To remove names you would sign an amendment to trust stating who the new trustee(s) will be.
Keep all documents together.
Mr_Willson
rifleman
just thought of something...
say a company creates a trust for several suppressors.
and sells cans to people by adding them to the trust and making them sign an agreement.
could they be able to sell the cans to people even while technically the cans still belong to said company?
as an alternative to the customer filling out all the forms that one normally would do with supressors?
say a company creates a trust for several suppressors.
and sells cans to people by adding them to the trust and making them sign an agreement.
could they be able to sell the cans to people even while technically the cans still belong to said company?
as an alternative to the customer filling out all the forms that one normally would do with supressors?
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Richard in LA
Mag Whore
Did you really have to ask if this was legal? In the NFA game, its either 100% by the book, or FPMITAP.
I, Personally, think that something along the lines of what you mentioned will happen at one point in time, and that will be reason enough for them to not approve Trust/LLC transfers anymore.
