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So what exactly is going on with the trusts and the DOJ? Now that you mention it I remember a year or so ago the DOJ coming out and challenging the trusts saying something along the lines of trusts were a form of loop hole and looking to put a stop to trusts.
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Not the DOJ, the ATF (stemming from an Exective Order). Docket Number ATF 41P would make it so CLEOs still need to sign off on NFA items regardless of whether or not you have a trust as well as requiring every person listed on the trust to submit fingerprints and photographs. If you live in a county where the CLEO is opposed to NFA, it would be a defacto ban on NFA items - one of the reasons why trusts are so widely used.
The ATF keeps pushing back the rule change because they are required to respond to each qualified comment about the change in writing, and more than 9,000 comments were submitted so it has taken a while to get through it. The final ruling was supposed to happen last summer, then got pushed to January 2015, and was pushed back again to May 2015 and remains there currently.
Long story short... If you're going to get an NFA item via trust, do it ASAP because any paperwork submitted prior to the ruling being released will be treated under the old laws. EForm Form 1s are at around 30 days right now, and paper Form 4s are somewhere from 4-6 months.