Suppressors Help with trust

[mi223]

I am getting my first suppressor and am planning on purchasing through a trust.

My local dealer recommended arsenal attorney. It looks like a great company but is very expensive compared to other online trust services. I am fine with spending the extra money but want to know if it is worth it.

Is there a go to company that i should look at?

 

[_Windrider_]

i used the silencer co trust. think it was like 125 bucks? painless. just make sure your state doesnt require a trust to be registered and not register it.

 

[Huskydriver]

Depends...Do you have a large gun collection greater than 20-30k that you will parcel out to others when you depart this life along with a large estate or are you likely to only own a few cans and maybe and sbr or two?

If you have a very large or valuable collection I would use an attorney and have your gun trust incorporated into the rest of your estate planning. However, if you are just doing to do a few cans and would like the flexibility of adding and removing people at will easily, I would recommend https://www.guntrustguru.com/ or the silencerco easy trust. I personally have a trust with gun trust guru and its been easy cheesy to add cans and responsible parties. Regardless of which route you choose, another thing to consider is to make sure the name of your trust is as short as possible for ease of tracking with the ATF and potential engraving requirements for Form 1's.

 

[PD DUMPER]

I went with Arsenal. Main office in FL. They work with Attorney's in your state to cover all the local quirky laws.
Peace of mind that you and the laws are covered in your trust, is worth alot. Not saying the online one are bad.

 

[mi223]

So, some more trust questions... do you guys have your spouse as a trustee even if there is little to no chance she will ever have anything to do with any nfa items unless i am there?

My biggest reason for wanting a trust is so my kids can be in possession of my nfa items when they become of age(minors now but thinking of the future)

I am thinking my wife probably will not want to bother with finger prints and photos for something she really dosnt care about so really the only benefit i am seeing is my kids in the future.

Is anyone else in the same boat? How do you have have your trust set up?

 

[Random_Scrub]

My wife isn’t interested in firearms, so I kept her off the trust. It’s usually easiest to set up the trust get the property assigned to the trust before adding people to the trust.

On a side note, what state are you cause some states have lawyers that do trusts that are cheaper and perfectly fine.

 

[Huskydriver]

Good question and first off I am not an attorney ...Beneficiaries and Trustees are viewed diff to the ATF. Beneficiaries do not need RPQs/photos etc according to the ATF but anyone who is a trustee or cosettler do every time a transfer is made.

The best way to get around having your wife having to fill out photos and what not is too have your trust set up with amendments to the main trust document that will allow you to add and remove people at will such as future trustees and settlers. You can also allow your wife to become a successor trustee in the event of your death or incapacitation but will not require her to be a RP because until that event happens she has no power to buy, sell. or posses on behalf of the trust.

Since there is no requirements to retroactively submit photos and rpq forms for people added to your trust later in life, the best way to set up a NFA trust is with just you as the settler with your kids as beneficiaries. Once you trust them enough to handle your NFA items on their own, amend the trust to add them as trustees. (This legal loophole is the main reason why 41F did jack because you can still get around doing fingerprints/photos by having a trust set up this way.)

 

[PD DUMPER]

What he said^^^^^
I set mine up with my kids as trustees. Also have the grand's listed for down the road. Trustees have to be 18 in my set up.
Anyone that you let use your "can" while your not present, should be a trustee in your trust.

 

[LeftyJason]

If your wife can get her hands physically on your nfa items when you are not there (as in you dont have a safe or she knows your safe combination) she needs to be a trustee.
Agree with the amendments part. Just set up my trust with Adler law group out of SLC and his is done that way.

 

[WoobieJ]

Go with silencer shop trust. You wont regret it.

 

[Strykervet]

GET AN ATTORNEY! It's worth it, trust me. Only have one grantor, make your wife or whatever a trustee (she'll have to get pictures and fingerprints) but only ONE grantor, YOU.

Mine includes state laws. When I got a divorce, I was also able to remove my wife, who was a grantor. Good luck with an online or store bought one. A trust from a knowledgeable NFA attorney is only $250 and it's one of the best investments you'll make outside of a proper vault or jewelry safe.

Bu to each his own. Dennis Brislawn is the guy I use in WA, he's very knowledgeable and wrote one of the trust templates attorney's around the country use. If not in WA, it still behooves you to call him up and find out who he recommends in your area. Good luck.

 

[Snuby642]

Law shield set up and maintains my family trust.
We have been happy with their service.