I'm getting ready to make my first "NFA type" purchase (a suppressor) and have a question I'm hoping someone can help with. I've been reading through some of the forum posts and I see people refer to an "NFA Trust". I live in an area where the Sheriff will not sign and I also want my wife to be covered in case she ever needs to handle/transport the suppressor. So, I intend to create a trust. Is there something special about how the trust needs to be formed? I have been thinking I can create an ordinary trust and have the suppressor purchased under/transferred into the trust. Am I missing something here? What, if anything, is different about an "NFA Trust" other than it is an ordinary trust that happens to contain a class 3 weapon/device - perhaps even among other assets?
Thanks,
Mike
Thanks,
Mike