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Wednesday, 03 October 2018 19:55

Top 5 Topics About NFA Firearms and Gun Trusts

Arsenal symbol 4 color printEvery day Arsenal Attorneys receives inquiries from across America about trusts and NFA firearms (silencers/suppressors, short barrel rifles, short barrel machine guns, AOWs, full auto, etc.). Here are the five most common topics we address for new and existing clients:

1. ATF Form 5320.20: Remember to submit this form to ATF if you have permanently relocated your NFA firearms. It is also required for interstate travel with NFA firearms, excluding silencers.

2. New Address: If you have a new address, identify this location as your trust's new 'place of administration' in a written statement providing notice to the beneficiary. As a courtesty, our firm drafts these statements for a very small fee.

3. New Design: If your Arsenal Gun Trust was drafted before 2016, or if your trust is not an Arsenal Gun Trust, we can completely revise it by means of a 'restatement.' Our new design provides guidance and customized tools to minimize the impact of Obama era regulations. It particularly helps you remove people before they must provide fingerprints and photos for NFA applications. See #4.

4. Add/Remove People: Contact us if you wish to change the people in a trust, particularly to exclude them from the fingerprint and photo requirements for new NFA applications. Remember, a person needs to provide fingerprints and photos only if they qualify as a 'responsible person' during the processing of an NFA application. We can help you appoint people to your trust after an NFA application is completed and when the fingerprinting and photograph requirements would no longer apply to those persons.

5. You Need a Trust: Ask us for an Arsenal Gun Trust if you want to register NFA firearms, to allow others to possess those arms, and to create an estate plan to avoid the need for new NFA registrations or a public probate court process.

For help with these and similar topics about the National Firearms Act, ATF regulations, and trusts, contact Arsenal Attorneys using our online form at this link.

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