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Thread: Is there any real benefit to using a trust if the CLEO will sign?

  1. #31
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    No. Here it is in the Barney version.

    1. Went to dealer and purchased item. Obtained serial number and other pertinent info.

    2. Took the trust which was already completed and notarized and added the item to the Schedule A. BATFE has never mentioned the issue of adding the item to the trust in advance.

    3. Sent the trust and all the other required docs to BATFE along with check for 200.00.

    4. Received approval approx. 87 days later. That's it.

    Quote Originally Posted by Inkslinger View Post
    Wouldn't you have to get it notarized after the approval. You technically can't own the item until after you are aproved to do so.



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  2. #32
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    A couple of big pluses for a trust even when the CLEO will sign:
    1. Management: An individual form 1 applies to a single person foreever. A trust can be amended to add or remove persons authorized to posses the NFA items.
    2. Time: Your recreational time is worth something. Why spend it running about, getting poked, prodded, fingerprinted, photographed and interrogated by the CLEO?

    Two big reasons.

    Cheers,

    SC-Texas
    Last edited by SC-Texas; 04-21-11 at 11:56.
    Providing NFA Trust Services to Texas Citizens

    www.AtomicLabRat.com

  3. #33
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    Depends on your situation. For me, I have no need to have other people authorized to be in possession. My CLEO signoffs have taken about 10 minutes and they have done the fingerprints at the same time so no real inconvenience there. Not everyone is in the same situation so it is good that there are options.

  4. #34
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    Quote Originally Posted by Iraqgunz View Post
    If you have a trust and she is on it, then you are covered.
    Is there any difference if "she is on" it as a trustee or beneficiary?
    "The very purpose of a Bill of Rights was to withdraw certain subjects from the vicissitudes of political controversy, to place them beyond the reach of majorities and officials and to establish them as legal principles to be applied by the courts." Justice Robert Jackson, WV St. Board of Education v. Barnette, 319 U.S. 624 (1943)

    "I don’t care how many pull ups and sit ups you can do. I care that you can move yourself across the ground with a fighting load and engage the enemy." Max Velocity

  5. #35
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    Quote Originally Posted by Submariner View Post
    Is there any difference if "she is on" it as a trustee or beneficiary?
    It's a bit of a "what if?" but, what if someone other than the papered owner wishes to go shoot it without the owner present?
    If that person is on the trust there's no apparent problem I'd imagine.
    former cat herder

  6. #36
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    Quote Originally Posted by Iraqgunz View Post
    Someone else addressed it so....... File the form for the states where you know it is legal and will be traveling.

    If it is locked up and cannot be accessed by anyone else while you are away AFAIK you are golden. If you have a trust and she is on it, then you are covered.
    and what if she has the combo to your safe?

    then you are in violation........

    sigh.........so much Govt. BS.
    Last edited by luckyguy1; 06-11-11 at 08:21.

  7. #37
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    Did you bother to read this? If your spouse is on the trust then it's not a problem. If she isn't then she can't have the combo (hence the ANYONE ELSE) comment. It's pretty simple.

    You popped up out of nowhere and started making short little comments in various threads that don't mean much. Check yourself, before you.......

    Quote Originally Posted by luckyguy1 View Post
    and what if she has the combo to your safe?

    then you are in violation........

    sigh.........so much Govt. BS.



    Owner/Instructor at Semper Paratus Arms

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    Semper Paratus Arms AR15 Armorer Course http://www.semperparatusarms.com/cou...-registration/

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  8. #38
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    CLEO

    I've used a CLEO on both of mine but I should relate that if I was not a LEO myself I would have gone the trust route. The hassle was not there, my Chief was good about it and I'm not in a huge rush to worry about it being here in in less than 100 days or what ever (although that would be nice).

  9. #39
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    The last individual transfer that I did earlier this year took 16 weeks.
    "Not every thing on Earth requires an aftermarket upgrade." demigod/markm

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