Suppressors Trust question

[clayne_b]

Looking into setting up a trust for the purchase of a suppressor.

Talking with a friend about this. And he asked me if you can walk into a gun shop and buy a firearm under the trust?

This would be in Utah

Thanks

 

[Force_Multiplier]

Re: Trust question

as an FFL... not that I know of, but you can transfer it to the trust after you buy it... here in Oklahoma anyway

but even when you buy a suppressor on a trust, I still have to do a 4473 to transfer it to you, and log it out to you... as the representative of the trust

 

[bmt]

Re: Trust question

better question--Why do you want the trust?

It provides very little except probate avoidance.

BMT

 

[clayne_b]

Re: Trust question

I was thinking a trust would be good. because then my wife and kids could take the toys out when im not around

 

[SirDrinksAlot]

Re: Trust question

If you do decide to go with a trust, I used gunstrustlawyer.com and they set me up with everything. They also provide assistance from there on out if you have any questions or if you get into any legal trouble from the trust.

Really helpful people.

 

[Tempest 455]

Re: Trust question

I can think of many reasons to get one and only one not to, cost.

If you look up the true legal implications between having one and not, there are many upsides to the trust.

 

[SirDrinksAlot]

Re: Trust question

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Tempest 455</div><div class="ubbcode-body">I can think of many reasons to get one and only one not to, cost.

If you look up the true legal implications between having one and not, there are many upsides to the trust. </div></div>

This is true, cost of my trust ran around $700. But the CLEO will not sign off in my area, so I have little choice.

 

[Mississippian]

Re: Trust question

The cost of the trust is offset by avoiding the cost and hassle of fingerprints/ picture each time if you get multiple items. I thought I was just getting one item, man was I wrong, class 3 is addicting!!

 

[rmfield]

Re: Trust question

The trust is also very valuable for its original intended purpose in protecting and distributing your assets in the event of your death. Specifically, puts the beneficiary in a better position to legally sell/transfer your NFA items.