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Thread: Multiple Trustees

  1. #11
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    Assuming that both you and your wife are trustees and the trust agreement/amendment(s) give each of you the power to transfer property into the trust, then either of you can sign the form. Don't need to have both signatures, just one, unless your trust specifically requires more than one trustee to sign off on transfers.

    And yes, you do have to sign the form as trustee. So for example, I would sign it as "David Browne, Trustee."

  2. #12
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    So, in block 15, you're actually writing "trustee" after your name?

    Also what is the going reason for application? I've heard "all lawfull purposes" and "to enhance my collection".

  3. #13
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    I would call the NFA Branch Monday to be sure about the signature.You will get 15 different answers from the members here and none of us are NFA examiners.
    As far as the reason;I use "Investment" or "Collection" when regarding a Trust.

  4. #14
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    Thanks for the help guys!

  5. #15
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    I've used "Collection and Investment" and "All Lawful Purposes" and have had all Form 1s and Form 4s both personally and using a RLT.
    Chief Armorer for Elite Shooting Sports in Manassas VA
    Chief Armorer for Corp Arms (FFL 07-08/SOT 02)

  6. #16
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    Quote Originally Posted by Gun-nut View Post
    So, in block 15, you're actually writing "trustee" after your name?

    Also what is the going reason for application? I've heard "all lawfull purposes" and "to enhance my collection".

    1. Correct.

    2. "All Lawful Purposes" is what I have used.

    If you know who your examiner will be then feel free to call him/her and ask specifically, but this is how I've done it and they get approved.

  7. #17
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    No problems here.

  8. #18
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    I'm inquiring if anyone else on the forum has done a trust so that their adult children can also use ("possess") a Class II item. I've been told the use of the RLT allows properly listed individuals (wife, adult children) to legally be able to possess, but am not sure how this is accomplished. Do they need to be listed as a trustee or will listing them as successor trustees be sufficient?

    Form 1's and 4's are ready....

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