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Thread: NFA Trust Question

  1. #1
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    NFA Trust Question

    After a trust is written up, signed, and notarized, are there any additional steps to take to "execute" the trust, i.e., make it effective? Or are you good to go at that point?

    Thanks,
    Pete

  2. #2
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    Quote Originally Posted by 40Arpent View Post
    After a trust is written up, signed, and notarized, are there any additional steps to take to "execute" the trust, i.e., make it effective? Or are you good to go at that point?

    Thanks,
    Pete
    Nope; you should be good to go except for the Schedule A which would include whatever NFA items you are buying. That would need to be updated with every purchase.
    Brian
    ΜΟΛΩΝ ΛΑΒΕ

  3. #3
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    Thanks, much appreciated.

  4. #4
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    Once your trust is executed, signed and witnessed, it is good to go. Your Schedule A needs something of value to "fund" the trust and make it legal. Most people usually fund it with $10.00. You do not need to update your Schedule A every time you purchase a Title II firearm. Your stamp will be your record of purchase, not the inventory in the Schedule A.
    Now send it in with your check and start the waiting process.

    O

  5. #5
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    Thanks, oef24. Looks like I'm good to go.

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