Results 1 to 9 of 9

Thread: Moving Out of State w NFA Trust

  1. #1
    Join Date
    Feb 2009
    Location
    DFW, Texas
    Posts
    1,104
    Feedback Score
    7 (100%)

    Moving Out of State w NFA Trust

    I am in the job market again and it looks like there may be a couple of offers on the table that will require a move out-of-state.

    Assuming NFA items are legal in the new location and ownable by a trust - do I need to do anything other than file the correct form (5320)?

    Do I need to refile the trust in the new state?

    Obviously, I'll need to talk to a lawyer, but just thought I'd see what others have done.

    Also - for states like Illinois that do not allow trust ownership - I assume I'm looking at needing to transfer the item from the trust to myself, paying the $200 tax?
    Quis custodiet ipsos custodes

    The will to win is worthless if you do not have the will to prepare. -Thane Yost

    Whining in a forum that people have seen your thread, but not replied, reeks of an odd brand of desperation. - Me

    Titling your thread "To XYZ or Not to XYZ" will cause me to completely ignore your thread.

  2. #2
    Join Date
    Aug 2011
    Location
    N.E. OH
    Posts
    7,595
    Feedback Score
    0
    If you disolve the trust, and open a new one in another state, can you form 5 it?
    Question for a lawer, for the OP - not myself.

  3. #3
    Join Date
    Mar 2007
    Posts
    1,340
    Feedback Score
    14 (100%)
    Stay out of Illinois if at all possible. I have lived here far too long. The state is bankrupt. Taxes keep climbing.

    SBRs have recently become legal. Cans are not.

  4. #4
    Join Date
    Feb 2009
    Location
    DFW, Texas
    Posts
    1,104
    Feedback Score
    7 (100%)
    Yeah... Spent 10 years in Chicago already. I was mostly using that for reference - I know they allow SBRs for individuals but not trusts and then only if you have a C&R or are part of a reenactment group... or at least that was the case a couple years ago when I was helping one of my buddies who is still there work through his SBR.

  5. #5
    Join Date
    Mar 2007
    Posts
    1,340
    Feedback Score
    14 (100%)
    Quote Originally Posted by CaptainDooley View Post
    Yeah... Spent 10 years in Chicago already. I was mostly using that for reference - I know they allow SBRs for individuals but not trusts and then only if you have a C&R or are part of a reenactment group... or at least that was the case a couple years ago when I was helping one of my buddies who is still there work through his SBR.
    You are correct. You have to get a C&R license first. Illinois is an odd place. Stay away

  6. #6
    Join Date
    Jul 2007
    Posts
    745
    Feedback Score
    0
    Can't form 5.

    So IL doesn't allow a trust to own an NFA weapon?

    Sent from my SM-N920V using Tapatalk
    Providing NFA Trust Services to Texas Citizens

    www.AtomicLabRat.com

  7. #7
    Join Date
    Mar 2007
    Posts
    1,340
    Feedback Score
    14 (100%)
    Quote Originally Posted by SC-Texas View Post
    Can't form 5.

    So IL doesn't allow a trust to own an NFA weapon?

    Sent from my SM-N920V using Tapatalk
    Not allowed here. The success of these gun control measures is obviously evident when you look at how peaceful and safe Chicago is

  8. #8
    Join Date
    Feb 2009
    Location
    DFW, Texas
    Posts
    1,104
    Feedback Score
    7 (100%)
    So, Illinois aside, in general what needs to be done moving to another state?

  9. #9
    Join Date
    Oct 2012
    Posts
    9
    Feedback Score
    0
    Quote Originally Posted by CaptainDooley View Post
    So, Illinois aside, in general what needs to be done moving to another state?
    5320.20 for SBR/machine guns.


    Sent from my iPhone using Tapatalk

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •