maine04619
New member
Two bog reasons for a trust. One to get around a asshat local LE who is anti gun and will not sign off. Second folks like me who have stepchildren who you can not leave NFA to without them paying another tax. With a trust all the CO trustees can posses the items without you being there. Meaning if you have a individual stamp you must BE CONTROL OF THE NFA ITEM AT ALL TIMES. With a trust all co trustees listed can have the item on there own. Plus as long as ONE co trustee is living you do not have to pay another tax when the last co trustee passes on then the trust goes to the person named with no further tax. Plus when you buy items to add to the trust you need no fingerprint cards, pictures or CLEO sign off. As far as time a trust takes the same amount of time for the process as individual does. You can have a lawyer do the trust or you can use quicken for just under 100 bucks both work fine. The stories of trusts biting people in the ass are bs propagated by high priced lawyers. If there is a problem with your trust then your NFA item will be denied or put into problem status until fixed. Once the item is approved then the ATF has said your trust is fine.What are the advantages of a Trust as opposed to just getting individual stamp