View Full Version : Are trusts still a good idea?
Poconnor
12-11-2017, 12:05 PM
I am finally jumping into the class lll world. I am buying a few suppressors to start. I was thinking of using a trust so I could add my sons in the future. They are only 12 and 15 so it won’t be for a long time. Advise?
fatdog
12-11-2017, 12:24 PM
My personal view is I would still do a trust for NFA since it is the way that more than one person can legally possess the item. I your case, ten years from now both your sons would be free to take the NFA items to the range without you present or take them to a new location if you wanted them to be the one who had possession (with appropriate notification to ATF of course of the new permenent location).
mtnbkr
12-11-2017, 12:29 PM
Fatdog echoed my thoughts exactly. This is why I have a Trust for my NFA items.
Chris
orionz06
12-11-2017, 02:08 PM
See Fatdog's response.
Unobtanium
12-13-2017, 11:16 PM
I do Form 4 individual. Trusts are just headaches, IMO. Your situation will dictate your need though.
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