I need your help please. I am several NFA Items that are registered as Individual NFA items. I want to create a NFA Trust (to include my wife and son as beneficiaries). I have no clue how the NFA TRUST work and how to get started. So please help me out with these questions.

1. How to get started with the NFA Trust? (I came across couple of on-line places that will assist in setting this up). Are those on-line places reliable? Or better to get a local lawyer to set it up? How much do they cost?

2. When creating a NFA Trust (for the first time), can I only register 1 SBR or Suppressor for the FIRST transaction? Or can I apply/register 3 SBRs at the same time when creating the Initial NFA Trust?

3. Do you have to pay $200 fee for EACH item to be registered on the TRUST?

4. How do you add a NEW item to the TRUST?

4. Lastly, How can I add the SBRs and Suppressors that are currently registered in my name as INDIVIDUAL, on to the NFA Trust? Do I need to pay a New Fee? Do I need to re-engrave the SBRs with the NFA Trust Information?


Sorry for asking too many questions. Just want to create a NFA Trust due to health reasons. I want to take care of this now, as supposed to have my wife and son deal with this later.

Thanks for your time.

(I want to do this for couple of NEW SBRs that I want to register. Might as well start the TRUST now, then start adding/transferring the existing ones later).

A Trust is a legal document for ownership. To set up a Trust--contact a lawyer (HeavyD here on Sig Forum will set it up, ($99, done in 24 hrs).
If you registered your NFA items in your name--$200 to transfer each item to your new Trust.
In your Trust--you name the Trustee's ,(wife, son, etc). An appendix at the end of the Trust can list all your items in the Trust.
In the event of your demise--all NFA items get a free transfer to your spouse, son or Trust.
Think of the Trust as a Will--avoid probate, the local PD and the Feds=ATF, (list your non NFA guns in the Trust).
https://www.atf.gov/firearms/d...nts-estates/download

Inflation--> $150
https://nfalawyers.com/

If you have NFA items registered to you as an individual, it requires a Form 4 and $200 for each item to transfer to a trust. They don’t need to be reengraved.

quote:

Originally posted by ador:
I need your help please. I am several NFA Items that are registered as Individual NFA items. I want to create a NFA Trust (to include my wife and son as beneficiaries). I have no clue how the NFA TRUST work and how to get started. So please help me out with these questions.

[QUOTE]Originally posted by ador:
1. How to get started with the NFA Trust? (I came across couple of on-line places that will assist in setting this up). Are those on-line places reliable? Or better to get a local lawyer to set it up? How much do they cost?

Another suggestion for Dean Phillips (HeavyD).

quote:

Originally posted by ador:
2. When creating a NFA Trust (for the first time), can I only register 1 SBR or Suppressor for the FIRST transaction? Or can I apply/register 3 SBRs at the same time when creating the Initial NFA Trust?

You can add as many of whatever as you want, just file all of them as a trust.

quote:

Originally posted by ador:
3. Do you have to pay $200 fee for EACH item to be registered on the TRUST?

Yes.

quote:

Originally posted by ador:
4. How do you add a NEW item to the TRUST?

When you file your Form 1 or Form 4, you file it as a trust.

quote:

Originally posted by ador:
4. Lastly, How can I add the SBRs and Suppressors that are currently registered in my name as INDIVIDUAL, on to the NFA Trust? Do I need to pay a New Fee? Do I need to re-engrave the SBRs with the NFA Trust Information?

You will need to file a Form 4 for all of these to transfer them to your trust, and yes, pay a new $200 tax stamp for each. You do not need to re-engrave, since the SBR has already been "created."