Quote History Quoted:
Can my individual items be transferred to my trust via form 5 if I die?
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Quote History Quoted:
Can my individual items be transferred to my trust via form 5 if I die?
Yes, because inherited NFA transfers are always tax-exempt.
Any legal entity (including a trust) can be named as a beneficiary.
My son is the beneficiary of the individual items and he is a co trustee/successor trustee.
Not sure if it matters if the items go in the trust or transfer directly to him.
If the trust will cease to exist upon your death (after distribution to beneficiaries) then you would not want them to transfer into the trust after you die (so direct would be better).
Each state has its own rules about whether a trust can survive the settlor (and for how long).
Each firearm can go to whomever you will it to (or to the beneficiaries named in a trust). If your son makes his own trust or LLC later then you could name that entity as the beneficiary, instead of him as an individual.