Trust for CIII questions
- Thread starter Wildbillz
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mbogo
Member
It allows you to bypass CLEO and fingerprinting, and to have multiple owners of the items.
mbogo
mbogo
CoRoMo
Member
Not for long: http://www.thehighroad.org/showthread.php?t=727178
Get in while you can. It was fun while it lasted.
zignal_zero
Member
I went the trust route. I believe my CLEO signs Form4's, I just didn't feel like talking to him. Also I believe it makes managing assets after you die easier.
I don't buy into the whole "gun trust" BS, tho. I feel a trust is for PROPERTY, what type of property is irrelevant. I have 2 knives, a sword, and a SMG on my trust which was a generic template I got from "Maryland Shooter"
I don't buy into the whole "gun trust" BS, tho. I feel a trust is for PROPERTY, what type of property is irrelevant. I have 2 knives, a sword, and a SMG on my trust which was a generic template I got from "Maryland Shooter"
Arizona_Mike
Member
- Joined
- Feb 15, 2013
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- 3,452
Just a note (and this is meant in the spirit of friendship and not criticism): Call them NFA firearms. Calling them "Class 3" will make you stand out as a noob.
A Class 3 Special Occupational Tax is an additional endorsement needed by a Type 1, 2, 7, 8, 9, 10, or 11 FFLs to sell (but not make or import) NFA Weapons. You could just as well make your NFA weapon yourself or buy it from a Type 7 or 10 FFL who also has Class 2 SOT (manufacturer and seller). There is no such thing as a "Class 3 firearm".
Mike
PS. We don't know what will happen with trusts (I have some questions about their ability to reinterpret the statutory definition of a person) or how long it will take: the regs to ban bird bombs took about 9 years after Congress passed a ban (with a relatively unambiguous intent to ban them in the statute). What we do know is that there is a ton of uncertainty and that is no doubt driving up the amount of applications and increasing delays, probably greatly, even if nothing happens.
A Class 3 Special Occupational Tax is an additional endorsement needed by a Type 1, 2, 7, 8, 9, 10, or 11 FFLs to sell (but not make or import) NFA Weapons. You could just as well make your NFA weapon yourself or buy it from a Type 7 or 10 FFL who also has Class 2 SOT (manufacturer and seller). There is no such thing as a "Class 3 firearm".
Mike
PS. We don't know what will happen with trusts (I have some questions about their ability to reinterpret the statutory definition of a person) or how long it will take: the regs to ban bird bombs took about 9 years after Congress passed a ban (with a relatively unambiguous intent to ban them in the statute). What we do know is that there is a ton of uncertainty and that is no doubt driving up the amount of applications and increasing delays, probably greatly, even if nothing happens.
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