So I'm new to nfa, and plan on building a sbr very soon. With a trust I would be able to have my wife, father, and brother can be on the trust? Also they would be able to have the firearm in their possession with out me? And is that all included in the basic price or is it extra to add people? I only ask because we are planning on us all splitting the cost of the trust.
I shouldn't be giving any price quotes or anything here. There's a thread about me below I believe. Or you can contact me off site or PM.
Marc Halata
So I'm new to nfa, and plan on building a sbr very soon. With a trust I would be able to have my wife, father, and brother can be on the trust? Also they would be able to have the firearm in their possession with out me? And is that all included in the basic price or is it extra to add people? I only ask because we are planning on us all splitting the cost of the trust.
Out of my element so I appreciate the thread.
*My wife & I have 3 children all under the age of 18. I assume they would be listed as beneficiaries. The rest of our family all live out of State. How difficult would it be to add family or friends living in Ohio or Michigan as trustees should something happen to my wife & I?
*Are Ohio & Michigan NFA friendly states?
*Does an NFA Trust require any type filing, fees our tax once it is created assuming there are no future updates to the trust?
*Do the NFA Trusts you prepare come with a Certificate of Trust?
What are the witnessing requirements for creation of an NFA trust in Indiana? For example: one or two witnesses? Does one of the witnesses have to be a Notary, or is a Notary required in addition to the witness(es)? Thanks.
I was talking with my Class 3 guy that about trusts and he is under the impression that the ATF has already committed to changing the way it handles trusts in December.