I'm pretty familiar with regular firearms, but not so much on NFA items aside from the most basic stuff. Is anyone familiar with the trusts Silencerco is setting up for about $140? What would a person have to do in addition to buying one of these trusts to legally acquire NFA firearms? Had anyone tried this route and how did it go? Asking for a friend - I'm not really into the NFA stuff just yet. Any insight is appreciated. Thanks.
Silencerco NFA trusts...?
- Thread starter goon
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It might be worth finding someone in your own State. Last I checked (which was a while ago) SilencerCo even states that they aren't responsible if it's not a valid/legal Trust. Could be just fine though.
The Sticky in this section as far as NFA stuff goes is DEFINITELY worth the read. I read it when I started getting into NFA items and it filled in a lot of gaps from what I had picked up from others at my local (Class 3) shop.
As far as a Trust goes, you give them your information and they set it up, you print it out and sign it in front of a notary, put some kind of property in the Trust (like a gun you plan to SBR) and you're ready to rock (at least in my State). You can then start filing. If you are buying something from a dealer, they can help you with the form you need to fill out, if you are 'making' your own (like putting a short barrel upper on an AR lower) you can e-file online. The sticky in this section has a step by step instruction for that.
The Sticky in this section as far as NFA stuff goes is DEFINITELY worth the read. I read it when I started getting into NFA items and it filled in a lot of gaps from what I had picked up from others at my local (Class 3) shop.
As far as a Trust goes, you give them your information and they set it up, you print it out and sign it in front of a notary, put some kind of property in the Trust (like a gun you plan to SBR) and you're ready to rock (at least in my State). You can then start filing. If you are buying something from a dealer, they can help you with the form you need to fill out, if you are 'making' your own (like putting a short barrel upper on an AR lower) you can e-file online. The sticky in this section has a step by step instruction for that.
My far from expert take:
you have essentially four options:
1)One of the 'chain' trusts, e.g. silencershop's.
2)One drafted by a local attorney with deep NFA knowledge
3)One drafted by a local attorney without deep NFA knowledge
4)A DIY from one of the Quickie Trust legal books.
All can work. #4 is cheapest, and I know people who are happy with theirs. #2 is the most expensive, but probably safest, and potentially customizable to your exact situation. #1 is mid-priced and seems, to me, likely to be fairly safe. You hope the vendors did the basic homework, and have been selling a lot of them. If they made an oopsie, hopefully you're not the lone guy on the hot seat.
#3, to me, seems kind of iffy. It runs the risk of being as expensive as #2 but less safe than anything but #4.
FWIW, I did #2. My first try was one of the chain arrangements with a local attorney as part of a network. I called the designated local guy for my state, during normal business hours, and he seemed tipsy if not plastered (in fairness, it was shortly before Xmas; maybe he was at the office party). Anyway, I wasn't getting the warm fuzzies about the answers I was getting. I found a local specialist, who was a big NFA owner personally, so I figured he was likely to have the issues figured out. Of course, the one in your area (or mine; this was a few years ago) is probably perfectly competent; you could call and see what you think.
In truth, I think any of the 4 ways are reasonable options. Do whatever it takes to make you comfortable.
you have essentially four options:
1)One of the 'chain' trusts, e.g. silencershop's.
2)One drafted by a local attorney with deep NFA knowledge
3)One drafted by a local attorney without deep NFA knowledge
4)A DIY from one of the Quickie Trust legal books.
All can work. #4 is cheapest, and I know people who are happy with theirs. #2 is the most expensive, but probably safest, and potentially customizable to your exact situation. #1 is mid-priced and seems, to me, likely to be fairly safe. You hope the vendors did the basic homework, and have been selling a lot of them. If they made an oopsie, hopefully you're not the lone guy on the hot seat.
#3, to me, seems kind of iffy. It runs the risk of being as expensive as #2 but less safe than anything but #4.
FWIW, I did #2. My first try was one of the chain arrangements with a local attorney as part of a network. I called the designated local guy for my state, during normal business hours, and he seemed tipsy if not plastered (in fairness, it was shortly before Xmas; maybe he was at the office party). Anyway, I wasn't getting the warm fuzzies about the answers I was getting. I found a local specialist, who was a big NFA owner personally, so I figured he was likely to have the issues figured out. Of course, the one in your area (or mine; this was a few years ago) is probably perfectly competent; you could call and see what you think.
In truth, I think any of the 4 ways are reasonable options. Do whatever it takes to make you comfortable.
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