Armory Sponsor
Posted: 5/11/2013 9:45:38 AM EDT
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Posted this in the SC forum and got pointed here. Any help is greatly appreciated.
Hi guys, I (very very sadly) live up here in NJ. So, I'm not very familiar with how things work down there in SC. Up here my problem would be solved because nobody can have any NFA item at all. I have a buddy down there who had an elderly relative (of sorts...no blood relation but one of those close family friends type deal) who passed away. The guy was a big gun collector and had plenty of weapons. Some of which from what my friend tells me were NFA items. My friend is a legal/valid firearms owner down there already and even has a ccw in SC. The widow wants to gift the guns to my friend and I was wondering if any of you fine gentleman could tell me if that's doable for the NFA's and if you know how that works? I have a rough understanding of how the process works when you want to buy one from an FFL but no clue how the process goes from P2P sales for those types of items. Any help you can give me would be greatly appreciated. Cheers, |
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In general: If the NFA items are legal and registered, they can be transferred to your buddy. The executor of the estate must fill out and sign a Form 4 to transfer each item; there is a $200 transfer tax per item, and the applications will take ATF about 6 to 8 months to approve. Your buddy cannot take possession until the approved forms are returned to the executor.
If the deceased collector was an FFL, some of the items may not be transferable. The Gun Control Act of 1968 banned importation of NFA items for civilian ownership effective 1968; anything imported after that date are "dealer samples" and ownership is restricted to FFL holders. So those can only be sold to a current FFL. There are lots of other little details, but that's the gist of it. |
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