Search found 1 match

by bnc
Wed Jan 06, 2016 11:12 pm
Forum: Federal
Topic: EO affect on Gun Trust
Replies: 7
Views: 2770

Re: EO affect on Gun Trust

Like it has been said, a trust still has the benefits of inheritance and multiple NFA users.

As I understand it (not a lawyer etc), the current rules will remain in place for 180 days after the new regulations are posted in the federal register, which should happen sometime in the next couple of weeks. If your application is already being processed by the ATF before that 180 days expires it will be grandfathered in under the current/old regulations. So, you have less than 6 months to get things in without photos/prints.

I don't want to attempt to go into details and say something wrong, but there is a provision that basically allows you to bypass resubmitting prints/photos for every stamp if your previous stamp purchase was less than 2 years ago and the trust has not changed during that time. I think you do need to submit a form saying that the trust is unchanged.

I recently set up a trust and applied for my first stamp to at least get 1 in before the rules changed since we didn't know what the changes would bring and I don't know anything about my CLEO's position on the matter (not even sure who it is). I talked to Jim Willi on the phone and via email and used his online trust (my situation is very simple). He was very helpful and easy to work with. The hardest part was getting my new printer/scanner setup. I made a purchase from Capitol Armory in Austin, and they were similarly helpful and pleasant to work with. I'd happily do business with both of them again, and I've read plenty of good things about Sean Cody and HD Phillips as well.

Return to “EO affect on Gun Trust”