Posted: 5/13/2017 11:20:47 PM EDT
[#5]
Quote History Quoted:
The finger print card and photos are just required for the people you have on your trust as the ones that can use/have access to your nfa items correct. Not the ones you have listed as beneficiaries if something happens to right. I have only my wife listed as being able to access or use my nfa items. So I'd need a finger print card and photo of just her. Unless I removed her from my trust. Right View Quote Straight from the Form 1:
Responsible Person. In the case of an unlicensed entity, including any trust, partnership, association, company (including any Limited Liability Company (LLC)), or corporation, any individual who possesses, directly or indirectly, the power or authority to direct the management and policies of the trust or entity to receive, possess, ship, transport, deliver, transfer or otherwise dispose of a firearm for, or on behalf of, the trust or legal entity. In the case of a trust, those persons with the power or authority to direct the management and policies of the trust includes any person who has the capability to exercise such power and possesses, directly or indirectly the power or authority under any trust instrument, or under State law, to receive possess, ship, transport, deliver, transfer, or otherwise dispose of a firearm for, or on behalf of the trust. Examples of who may be considered a responsible person include settlors/grantors, trustees, partners, members, officers, directors, board members, or owners. An example of who may be excluded from this definition of responsible person is the beneficiary of a trust, if the beneficiary does not have the capability to exercise the enumerated powers or authorities.
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