Armory Sponsor
Posted: 3/21/2012 5:49:44 PM EDT
|
Another question about the schedual A. Sorry.
Just so I am clear.. I currently have an approved form 1 sbr. I now plan on turning in the paperwork for another form 1 sbr. Being that I am located in NC, what EXACTLY does my schedual A need to look like/ what must I include. Is it as simple as the serial number? When I submitted the first time, the only thing that I had written on the schedual A was "National Firearms Act (N.F.A.) Regulated Items" Also, once adjusting the schedual A, do I need to have anything re-noterized? I appreciate the help. |
|
Quoted:
Being that I am located in NC, what EXACTLY does my schedual A need to look like/ what must I include. Is it as simple as the serial number? When I submitted the first time, the only thing that I had written on the schedual A was "National Firearms Act (N.F.A.) Regulated Items" Also, once adjusting the schedual A, do I need to have anything re-noterized? I appreciate the help. Whatever worked the first time, should work the second time. I would send in the exact same schedule A from the first time as it seems to have worked to get your approval request. As I've mentioned before, all BATFE is looking for on the schedule A is at least one item to indicate that the trust is funded. I use a book, you could list an antique lamp, a $10 bill, or your favorite pair of Oakleys. It makes no difference what you put, they just want to see a schedule A with something on it. No need for serial numbers, or any other kind of ID other than a basic description. Like "1 copy of Tale of Two Cities" or "1 pair of blue Oakley Ranger sunglasses". They should have a list of what NFA items you already own, so there's no reason for them to require that you send this info in on subsequent approval requests. I don't like sending a list of my NFA weapons in the mail every time I request approval... it's a huge privacy breach if someone were to read my mail or whatever. You do not have to get any changes to your trust notarized, (check state laws to make sure, but I'm not aware of any states that require this) although you can if you want. You are allowed to change your trust by simply hand writing those changes in the margin if you want. Just make sure you initial, sign, and maybe even date the changes. You can also have your main trustee sign as well, and even a witness. It all depends on how important the change is, how anal you are, and how carefully scrutinized the trust will be when you pass. If you are making drastic changes to the trust, or rewriting it completely, I would get it notarized. Generally, none of this stuff is an issue with an NFA trust. With a more complicated estate trust, I would always carefully type amendments and have them notarized with at least one other trustees signature. Az |
|
Quoted:
Quoted:
Being that I am located in NC, what EXACTLY does my schedual A need to look like/ what must I include. Is it as simple as the serial number? When I submitted the first time, the only thing that I had written on the schedual A was "National Firearms Act (N.F.A.) Regulated Items" Also, once adjusting the schedual A, do I need to have anything re-noterized? I appreciate the help. Whatever worked the first time, should work the second time. I would send in the exact same schedule A from the first time as it seems to have worked to get your approval request. As I've mentioned before, all BATFE is looking for on the schedule A is at least one item to indicate that the trust is funded. I use a book, you could list an antique lamp, a $10 bill, or your favorite pair of Oakleys. It makes no difference what you put, they just want to see a schedule A with something on it. No need for serial numbers, or any other kind of ID other than a basic description. Like "1 copy of Tale of Two Cities" or "1 pair of blue Oakley Ranger sunglasses". They should have a list of what NFA items you already own, so there's no reason for them to require that you send this info in on subsequent approval requests. I don't like sending a list of my NFA weapons in the mail every time I request approval... it's a huge privacy breach if someone were to read my mail or whatever. You do not have to get any changes to your trust notarized, (check state laws to make sure, but I'm not aware of any states that require this) although you can if you want. You are allowed to change your trust by simply hand writing those changes in the margin if you want. Just make sure you initial, sign, and maybe even date the changes. You can also have your main trustee sign as well, and even a witness. It all depends on how important the change is, how anal you are, and how carefully scrutinized the trust will be when you pass. If you are making drastic changes to the trust, or rewriting it completely, I would get it notarized. Generally, none of this stuff is an issue with an NFA trust. With a more complicated estate trust, I would always carefully type amendments and have them notarized with at least one other trustees signature. Az Mine says the following: The grantor hereby transfers and assigns to the trustee certain property described and shown on the schedule A hereto incorporated by reference and made a part hereof, in trust for the beneficiaries and for the uses and trust hereinafter set out.
In theory, if my schedule A for the trust which has ownership of my NFA items doesn't list my NFA items at all times, the trust no longer has ownership. Without ownership and without a paid transfer, I am in violation of the NFA. Right? I worry a lot less about someone reading my mail ( really?) than running afoul of the BATFE.
|
|
Quoted:
In theory, if my schedule A for the trust which has ownership of my NFA items doesn't list my NFA items at all times, the trust no longer has ownership. Without ownership and without a paid transfer, I am in violation of the NFA. Right? I worry a lot less about someone reading my mail ( really?) than running afoul of the BATFE.You can put whatever you want on your schedule A at home in your safe. I'm just saying all the BATFE is looking for is something on the schedule A to show the trust is financed. They don't need a list of your NFA weapons, or anything else on your schedule A. If you want, you can put all your weapons on a schedule B, but it makes no difference. BATFE doesn't care about your trust except for what they are looking for to ensure that the trust is valid for approval. After that, it's out of their hands, and frankly none of their business. Trusts are not kept on file anywhere, and even if they were, you can change it at your whim. So what would be the point? Trusts are about private agreements between a small group of people. Nothing about them is required to be public knowledge. If you send in your schedule A with only one item on it, it does not mean that you have removed anything from your trust, and BATFE will not come knocking on your door demanding to see proof of ownership. Mail gets stolen, mail gets read by all kinds of people. Some of the BATFE approval agents work from home. Who says your documents are always secure? I'm just saying it does no good to put potentially sensitive, valuable items on your schedule A, and it could possibly cause a problem. Huge risk? Not at all. But it's a simple thing to avoid as well. Az |
Armory Sponsor
really?) than running afoul of the BATFE.