Who is a “Responsible Person” in a Gun Trust?

When law-abiding gun owners file new ATF applications on or after July 13, 2016, all “responsible persons” associated with a gun trust will be required to submit fingerprints and photographs, as well as notify the chief law enforcement officer in their jurisdiction that the gun trust is purchasing or manufacturing an NFA firearm. Since the…

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Do I Still Need a Gun Trust After ATF 41F?

The new ATF 41F regulations became effective on July 13, 2016. This rule affects the documentation that needs to be submitted with each new Form 1 (request to make an NFA firearm), Form 4 (request for tax-paid transfer of an NFA firearm), and Form 5 (request for tax-exempt transfer of an NFA firearm) filed on or…

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How Can I Add Additional Co-Trustees to My Gun Trust?

Our gun trust is designed so that the settlor is the only initial trustee of the gun trust. This means that you are the only person who needs to sign the gun trust in front of a notary. After the gun trust is created, you are then ready to visit your Class 3 dealer to…

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Will I Need to Engrave Firearms Assigned to My Gun Trust?

Gun trust customers sometimes ask whether they will need to engrave all firearms assigned to or bought by their gun trust. Apparently, one or more uninformed persons using aliases who lurk in gun-related forums on the Internet have been confusing readers into believing that a supposed engraving requirement is one of the big disadvantages of…

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Do Gun Trusts Need a Schedule A?

Occasionally, NFA gun trust customers tell me that they have read on the Internet or heard from a Class 3 dealer that an ATF Form 4 (transfer) application or Form 1 (manufacture) application will be rejected by the ATF examiner if the NFA gun trust does not include a “Schedule A.” This is only partially correct. If…

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Are NFA Gun Trusts Being Eliminated by the ATF’s Proposed Rule Change?

Over the last couple of months, several law-abiding gun owners have expressed their concern to me that they read somewhere on the Internet that gun trusts will be eliminated by the ATF’s proposed rule change. This rumor is absolutely false. On the contrary, what will change after the proposed rule change goes into effect is…

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