NFA Question

[dirkmagurk]

I’m curious if most of you registering NFA items do so using a trust or file as an individual? I’m about to SBR a couple more lowers and have always done it as an individual but am considering starting a trust.

[lonestardiver]

Everything I have is in a trust. I have several trusts so I can select which goes where.

[Renegade]

I use LLC

[utahjeepr]

Have both.

And there is a whole section here on NFA to read through. Just scroll down the main menu.

[OutofBatt3ry]

Individual means sell or die with it.

Trust = someone else (on the trust) gets it.

Very oversimplified.

[Renegade]

Individual means sell or die with it.

Trust = someone else (on the trust) gets it.

Very oversimplified.

No, individual means cant share.

Both methods allow for tax free xfer to on death.

[MegademiC]

I do trust. My ex could use the stuff. She came off with divorce, added a friend, and can add a future wife...

Basically my wife can access my equipment if necesarry and its all legal.

[Stickman]

Everything I have is in a trust. I have several trusts so I can select which goes where.

That is a thought I've never had. I love it.

[lonestardiver]

That is a thought I've never had. I love it.

The SilencerShop single shot trusts are individualized to a single item. Thus I have several so I can add a specific individual as a beneficiary or trustee thus determining what goes where.

[mooseman]

I went individual for mine. I'm not worried about sharing. I had a friend once. He left.