My NFA gun trust clients frequently ask how long it will take for the ATF to approve their ATF Form 1 (manufacture) and ATF Form 4 (transfer) applications.
My NFA gun trust clients frequently ask how long it will take for the ATF to approve their ATF Form 1 (manufacture) and ATF Form 4 (transfer) applications.
Over the last few days, several prospective clients have asked whether they will need to engrave all firearms assigned to or bought by their NFA 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… Continue Reading
Over the last few months, I have received many calls from concerned law-abiding gun owners regarding the implementation date for the ATF’s proposed rule change, which will change the application process for an ATF Form 4 transfer or an ATF Form 1 manufacture for NFA firearms. The ATF’s proposed rule change was first published in the… Continue Reading
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 NFA gun trusts will be eliminated by the ATF’s proposed rule change. This rumor is absolutely false. Continue Reading
When an individual applies to the ATF to have an NFA firearm titled in his own name, the individual is required to provide the ATF with fingerprints, passport photographs, and a certificate on the ATF’s form from the local chief of police, sheriff of the county, head of the State police, State or local district… Continue Reading
Basically, there are two ways that an individual or a legal entity, such as a trust, corporation, limited liability company, or a partnership, may legally acquire NFA firearms, if the individual or entity is not prohibited by Federal, State, or local law from receiving or possessing firearms: Continue Reading
My NFA gun trust clients frequently ask who needs to sign their Colorado NFA gun trust documents when the gun trust is created. The settlors (the creators of the gun trust) and trustees (the persons allowed to use and possess the gun trust property) are required to sign the Colorado gun trust documents in the… Continue Reading
Occasionally, one of my NFA gun trust clients asks whether he and one or more of his friends or relatives can set up an NFA gun trust in which they can each contribute NFA firearms into the same gun trust. Unless the client is referring to a spouse, I generally recommend against it because it… Continue Reading
Occasionally, NFA gun trust clients tell me that they have read on the Internet or heard from a Class III 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. Continue Reading