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Thread: Form 1 on privately bought lower

  1. #1
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    Form 1 on privately bought lower

    Did a quick search and it didn't yield anything. I just started my trust and about to embark on the NFA journey but had a question about sending in the form 1. I purchased a lower privately several years back and wanted to form 1 it now. Will there be an issue being that its not registered to me? and with the passing of 594 here in WA, would I have to jump through other hoops to successfully form 1 the lower?

    Thanks in advanced!

  2. #2
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    No. I've registered a lower that I bought from a buddy.
    "You people have too much time on your hands." - scottryan

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    thanks man, ive filed the form! hopefully ill get an approval soon!

  4. #4
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    Did you EFile?

  5. #5
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    Are you having an attorney do your trust, or are you doing it yourself? I am getting ready, and trying to decide.

  6. #6
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    Quote Originally Posted by Tactical Wobble View Post
    Did a quick search and it didn't yield anything. I just started my trust and about to embark on the NFA journey but had a question about sending in the form 1. I purchased a lower privately several years back and wanted to form 1 it now. Will there be an issue being that its not registered to me? and with the passing of 594 here in WA, would I have to jump through other hoops to successfully form 1 the lower?

    Thanks in advanced!

    First there is no such thing as " registered to you " in WA for receivers, or longs guns. Or handguns bought privately before I594.

    You are fine , I594 doesn't change any thing.
    The price of liberty is, always has been, and always will be blood: The person who is not willing to die for his liberty has already lost it to the first scoundrel who is willing to risk dying to violate that person's liberty! Are you free?
    --- Andrew Ford

  7. #7
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    Quote Originally Posted by Pilot1 View Post
    Are you having an attorney do your trust, or are you doing it yourself? I am getting ready, and trying to decide.
    Given the consequences of getting the trust wrong, I tend to recommend the attorney. Cheap insurance IMO...

  8. #8
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    Quote Originally Posted by Pilot1 View Post
    Are you having an attorney do your trust, or are you doing it yourself? I am getting ready, and trying to decide.
    It may not be a trust tailored to your specific wants and needs but Silencer Shop offers a more universal trust that was specifically written up for them by a lawyer that you can purchase from them. It is very simple to set up and inexpensive, Silencer Shop is very reputable and I would recommend this as an option if a tailored Trust is not desired.
    "If you love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that you were our countrymen"

    -Samuel Adams, 1776

  9. #9
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    I agree. If it's just for NFA stuff and not Life planning, a plain old pre formatted trust isn't a problem.
    "You people have too much time on your hands." - scottryan

  10. #10
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    I paid a lawyer. If I had to do it over, not sure I would.

    I've never used this one, but I liked the info a guy posted sometime in the last day or two on a different site (the link at the top is active):

    Originally Posted By Tophatman:
    Try this one - NFA Trust

    Don't overthink a trust and don't spend hundreds on it. Although it doesn't mean much since the ATF doesn't vet your trust, they just log that you have one, but the above has worked for multiple commercial and F1 tax stamps.

    It has all the NFA specific language you could ask for in a trust and covers all the bullet points that trust lawyers say is needed.

    YMMV of course but it's honestly worth the $30-$40 risk to get a copy and go through it.

    I will STRONGLY recommend you do not use their sample trust name as your trust. Get rid of the words THE and FIREARMS if nothing else. If you ever F1 something you'll be much happier with something like "Smith NFA Trust" or just "Smith Trust". Or heck "No Trust"

    Edit -

    It allows for as many trustees as you like, it's revocable, it includes the documents you need to add or boot anyone, your schedule a and revised schedule a, it covers what to do if someone int he trust is no longer legally able to participate. There's a nice letter to give to your bank for the purposes of opening an account for the trust. Or how long to wait till they're declared no longer a participant if they disappear without a trace. It lets you assign beneficiaries if everyone dies in a plane wreck and dictates that contents of the trust be held in governorship for those dependents until such a time as they're of legal age to take ownership etc. A sample is completely filled out along with sample copies of the F1 and F4 atf forms.
    Last edited by BigWaylon; 01-30-15 at 16:02.

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