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Thread: Tell me about a NFA Trust?

  1. #21
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    Here is a good over view of a trust for VA. Other States will vary.

    http://www.nupplegal.com/living-trus...-virginia.html

    It should also be noted that the ATF allows the executor of an estate to hold NFA items illegally for a short time while they are disbursed properly. This allows the new future owners to have them registered in their name. this is done before probate if there is no trust. Probate time frames are generally defined by locality.
    ETA: http://www.atf.gov/press/releases/19...transfers.html 4th paragraph



    So while there may be issues for some people depending on how complex their family, estate and owning NFA items may be. A simple trust, even with NFA items is not that complex.

    You could probably learn everything you need to know at a community college course if you really wanted to go all out.

    Nothing wrong with paying a lawyer but it's not rocket science either.

    You are paying for being taught how to stay out of trouble.

    -----------
    QUOTE: Gun Trust Lawyer
    A typical gun trust is not very expensive and a good amount of the cost is in teaching the individuals how to use the trust correctly. Must of the information that is on the
    Internet
    in regards to the process and how to use quicken will work to purchase
    NFA
    items, the only problem is most purchases and a fair number of trusts are invalidly created by making the wrong choices when creating the trust and/or purchase.
    http://www.texasguntalk.com/forums/c...nfa-trust.html
    5th post down thread.

    If you do your homework and understand what it is you are doing AND the NFA rules and regs, you should have no issues.
    Last edited by tb-av; 01-20-12 at 23:10.

  2. #22
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    Quote Originally Posted by DeltaSierra View Post
    Yeah, all these idiots that actually think paperwork might be important...

    I guess Evan Nappen, a nationally recognized firearms law attorney is just blowing smoke when he says that Goldman is the guy for getting trusts done correctly....

    http://www.evannappen.com/
    You mean this guy? The web link that begins with:


    TO BUY THE NEW GUN LAW BOOK CLICK HERE.

    Welcome to the law firm of Evan F. Nappen Attorney at Law, a Professional Corporation. We are dedicated to protecting our clients' rights.

    The Firm's focus is on criminal defense with a concentration in the area of firearms, knives and weapons. however, the Firm is proud to provide a full range of criminal defense services for all crimes and in all courts.

    We also provide professional services for Hunting & Fishing Violations, Domestic Violence, Firearm licensing, Expungements (clearing your record), Firearm and Property Seizures, and Forfeitures.




    FREE CONSULTATION AVAILABLE

    Call (732) 389-8888

    21 Throckmorton Ave.
    Eatontown, NJ 07724
    Fax (732) 389-8744



    Yeah he can lick my nut sack for all I give a shit. Another POS trying to sell you something that you don't need. Use caution when someone is spouting FEAR FEAR FEAR and then wants to SELL SELL SELL you something.


  3. #23
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    OK maybe I am being too hard on Lawyers. I guess if you can't tie your own shoes and have trouble reading the label on the back of the milk carton then you probably should go ahead and pay someone to do your gun trust.

    In fact forget the trust. If you don't have the common sense to open Quicken Willmaker and figure out the answers to the questions as it asks you then you really have no business on a computer let alone society with a firearm.

  4. #24
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    My opinion of Mr. Nappen is slightly different than your disrespectful drivel, as Evan is a friend of a friend.

    I am stepping out of this particular discussion now before I get banned for my remarks, as I tend to take a dim view of folks on the internet that don't know what they are talking about, leveling baseless accusations against people that they don't know...
    Last edited by DeltaSierra; 01-20-12 at 23:28.

  5. #25
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    Quote Originally Posted by SpaceWrangler View Post
    Oof.

    In light of the previous post, I'll share how easy it was for me to set up my Trust.

    - Called David Goldman at Apple Law Firm (GunTrustLawyer.com) in Jacksonville, FL.

    - Had a ten-minute conversation with one of Mr. Goldman's associates, regarding names, location, Co-Trustees, Beneficiaries, etc. I you don't live in Florida, Mr. Goldman's firm contracts with a local-ish attorney in your home state to ensure that your state laws are followed in the execution of the Trust.

    - In 3 days I received my Trust in an email from an attorney in my town. I needed a couple changes done to my original chain of Trustees and Beneficiaries, so the Trust was changed to suit my needs. I then printed the emailed Trust and...

    - I took my Beneficiary to my bank to sign the Trust and have the signatures witnessed and notarized. Most banks do this at no charge to their customers.

    - I took the signed copy of the Trust to my local attorney's office to have it executed. Badda-bing, badda-boom, we're done.

    Total cost: $600. No muss, no fuss, no worries with its legality, and I have the peace of mind knowing it's done right by a professional.
    +1 on Apple Law Firm. I did my trust with them because I didn't want to screw around with the ATF. Get mine notarized and executed next Friday when I land CONUS.

  6. #26
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    Quote Originally Posted by DeltaSierra View Post
    My opinion of Mr. Nappen is slightly different than your disrespectful drivel, as Evan is a friend of a friend.

    I am stepping out of this particular discussion now before I get banned for my remarks, as I tend to take a dim view of folks on the internet that don't know what they are talking about, leveling baseless accusations against people that they don't know...
    He might be a great guy. I am just a little on edge these days about wasting money and am overly critical on the topic as of late with everyone trying to make a dime off of everyone else when you can enable someone to be able to do it themselves and save (sort of like doing oil changes on your own motorcycle... or paying the shop $70). All these 'horror stories' always lead back to a website that tries to sell you something. Kind of a sore spot I have I guess.

    Cheers.

  7. #27
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    All these 'horror stories' always lead back to a website that tries to sell you something. Kind of a sore spot I have I guess.
    That's because that particular lawyer has taken the time to perfect his craft. He has then gone to the trouble of associating himself with competent NFA friendly lawyers in your area. In addition, and I don't know if this is fact or not, he may provide for "follow up questions forever". Some lawyers do. That means if you ever have a question about how to handle any changes they will will guide you.

    The trust lawyer is not twisting your arm. It's a very thin market. So the bottom line is, he has figured a way to put food on his table and provide a valuable needed service.

    It's not a conspiracy. He's simply good at his job.

  8. #28
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    Quote Originally Posted by Javelin View Post
    He might be a great guy. I am just a little on edge these days about wasting money and am overly critical on the topic as of late with everyone trying to make a dime off of everyone else when you can enable someone to be able to do it themselves and save (sort of like doing oil changes on your own motorcycle... or paying the shop $70). All these 'horror stories' always lead back to a website that tries to sell you something. Kind of a sore spot I have I guess.

    Cheers.
    Imagine people charging money for their services. What tools. My lawn guy is here now. I could do my own yard! I think I'll go outside and cuss him out for charging me money for something I could do myself. Especially since if I screw it up I wont loose 1000's of dollars and possibly go to jail.....
    All tyranny needs to gain a foothold is for people of good conscience to remain silent.

    Thomas Jefferson

  9. #29
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    Quote Originally Posted by MrSmitty View Post
    My recent dealings with a local 'gun trust' lawyer were less than savory. Here is a breakdown of what happened:

    - Made appointment with lawyer, waited at his office for an hour and a half and he never showed
    - Gave him all of my info at the second scheduled meeting and wrote out a check
    - FINALLY received paperwork in mail 5 weeks after check was cashed
    - My address and the name I had given him for the trust was wrong
    - Called him numerous times and couldn't reach him, finally his secretary told me he was on vacation and I could just retype the pages that had the mistakes


    - Ended up retyping the ENTIRE document because the formatting was shot to hell and the whole thing looked like garbage (font face/size changing in the middle of sentences, etc), and the word 'Settlor' appeared to be auto-corrected on occasion to the word 'Senior'
    - Left numerous voicemails with the lawyer to see if he could review it again

    That was two weeks ago and he hasn't made any attempt to get back to me. A friend of mine has a suppressor with a trust from the same lawyer without any issues, but I don't really want to roll the dice. At this point I'm not sure what to do with it, I may contact this Apple Law Firm and see if I could email it to them to check out.

    Bottom line - don't go with some rinky-dink lawyer that thinks they know what they are doing. It has cost me a lot of time and potentially more money.

    If anyone in the Armstrong Co, PA area wants the name of the firm that I received this garbage from, send me a PM.
    If you have an attorney prepared NFA trust already why not just re type it and add what you need each time you add items.


    OP your dealer is right the trust has to have NFA specific language in it. Beyond the language it's a trust.

    Disclaimer. I am not a lawyer but have stayed at a Holiday Inn Express.
    "Real men have always needed to know what time it is so they are at the airfield on time, pumping rounds into savages at the right time, etc. Being able to see such in the dark while light weights were comfy in bed without using a light required luminous material." -Originally Posted by ramairthree

  10. #30
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    Quote Originally Posted by Iraqgunz View Post
    What's funny is my Quicken Trust has been 100%. No ****stick lawyers screwing me over or anything else.
    Listen to Gunz, and deal with a Class III dealer who knows what the wording should be for your NFA trust. You won't have any problems.

    ATF Update: I spoke with the ATF lawyer at the Shot Show two days ago. He stated NFA Trusts are going to be accepted for the long run, with no current thoughts of eliminating them. The only change that they want to make, is for the lead human being on the Trust to go through the normal ATF background checks, just like when they receive paperwork from an individual applying under his own name. There will still be no requirement to go to a local law enforcement agency for the Trust. When asked when that change, which has been forwarded for approval might take place, he didn't think it would happen this year.

    I asked another agent about the NFA wait times. He said they only have nine examiners, and they have been under a hiring freeze for about two years, if I remember correctly. He didn't think they would be hiring any time soon. Another member here stated the examiners had boxes of applications sitting in the hallways waiting to be processed. The agent verified that.

    Stand by, to stand by.
    Last edited by darr3239; 01-22-12 at 04:20.
    "Every step we take towards making the State our Caretaker of our lives, by that much we move toward making the State our Master." Dwight D. Eisenhower

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