Re: trust for under 21
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: 300WSM</div><div class="ubbcode-body">CLEO signature is an invasion of privacy IMO. But the trust is such a grey area and is such a large loophole to get people NFA items easily. Well mainly the thing that bothers me is multiple trustees using the item. My understanding is they do not do checks on everyone listed on the trust.
a corporation/LLC is a different beast and I have no problem with those setups.</div></div>
Brother, you are sooooo misinformed. The trust is NOT A LOOPHOLE. I have to do a 4473 and a NICS background check on a Trustee before I transfer the can to them. It is the same for a Corp, LLC, or any other transferable entity. The Trustees are responsible for ensuring that a member or their trust is not in any way, shape, or form unable to legally possess the item. It is the same for other entities.
What is the difference of you, an individual, allowing your buddy to take your individually owned can out to the range w/o you and a trustee allowing a felon to be a co-trustee and in possession of an NFA item? They are both bad juju.
The NFA <span style="text-decoration: underline"><span style="font-weight: bold">does not</span></span> need to take transfers to trusts away. Remove the CLEO requirement, yes, but not take away trust transfers. Transfering your item to a trust protects the item, the trustees, and ensures that it goes where the trustees want it to go.
If I privately sell a firearm, there is no NICS check. Should private sells of firearms be illegal? To me, it would be more questionable to privately sell a firearm that shoots bullets rather than to allow a co-trustee to possess a tube with baffles for hearing protection when it is attached to a host firearm.
300WSM, In no way am I meaning to be negative toward you. I read your posts and you always give great contributions. There are so many people who are ignorant on suppressor use anyway, and the last thing I want to see is another BS CNN story on the trust "loophole."