Posted: 11/16/2010 3:45:50 PM EDT
| So i possibly want to build a SBR. I am wondering the best way to register it so that other members of my family and friends can shoot it. I have looked into a trusts a little. I was more wondering about a LLC. Does anyone have experience with one or the other and can point me in the right direction? |
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Yep, here you go. Get these guys to set you up a NFA specific trust and you'll be good to go.
http://www.princelaw.com/ |
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Yep, here you go. Get these guys to set you up a NFA specific trust and you'll be good to go. http://www.princelaw.com/ +1 It took a week and a half for me to get mine, from first call until I had it in hand. 
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Yep, here you go. Get these guys to set you up a NFA specific trust and you'll be good to go. http://www.princelaw.com/ +1 It took a week and a half for me to get mine, from first call until I had it in hand. What was their fee? |
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Shoot them an email or call them and they'll tell you what their fees are. I'd post what they are but they really don't like that information posted on public forums. It's definitely not cheap but it is good for all futrue NFA purchases and does exactly what you're asking.
I honestly never thought that I'd get any NFA items but since forming my trust I've purchased 3 cans and built an SBR. It's just too easy now, well other than the wait 
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Anyone can shoot your NFA stuff, you just have to be there. You can not give an NFA item to someone to borrow. There are no hoops to jump through, and Quicken does perfectly legal trusts for $40 instead of $400 for the EXACT same thing. For an SBR you have to decide if you want to register a lower you already own (Form 1) or if you want to buy a factory SBR (Form 4). If you go with the factory SBR you must buy the complete rifle. If you want to SBR a lower you already have, you will have to get your info (your name and location, or your trust name and location) on the reciever. Doing the Form 1 on an existing lower usually goes alot faster.
Jk |
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Anyone can shoot your NFA stuff, you just have to be there. You can not give an NFA item to someone to borrow. There are no hoops to jump through, and Quicken does perfectly legal trusts for $40 instead of $400 for the EXACT same thing. For an SBR you have to decide if you want to register a lower you already own (Form 1) or if you want to buy a factory SBR (Form 4). If you go with the factory SBR you must buy the complete rifle. If you want to SBR a lower you already have, you will have to get your info (your name and location, or your trust name and location) on the reciever. Doing the Form 1 on an existing lower usually goes alot faster. Jk The "hoops" I speak of is the paperwork and the wait time involved with buying NFA.... |
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Anyone can shoot your NFA stuff, you just have to be there. You can not give an NFA item to someone to borrow. There are no hoops to jump through, and Quicken does perfectly legal trusts for $40 instead of $400 for the EXACT same thing. For an SBR you have to decide if you want to register a lower you already own (Form 1) or if you want to buy a factory SBR (Form 4). If you go with the factory SBR you must buy the complete rifle. If you want to SBR a lower you already have, you will have to get your info (your name and location, or your trust name and location) on the reciever. Doing the Form 1 on an existing lower usually goes alot faster. Jk The "hoops" I speak of is the paperwork and the wait time involved with buying NFA.... I fugured so. It is just that people think that it is a difficult pain in the neck process, when it is quite simple. The waiting is the hard part... Jk |
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Anyone can shoot your NFA stuff, you just have to be there. You can not give an NFA item to someone to borrow. There are no hoops to jump through, and Quicken does perfectly legal trusts for $40 instead of $400 for the EXACT same thing. For an SBR you have to decide if you want to register a lower you already own (Form 1) or if you want to buy a factory SBR (Form 4). If you go with the factory SBR you must buy the complete rifle. If you want to SBR a lower you already have, you will have to get your info (your name and location, or your trust name and location) on the reciever. Doing the Form 1 on an existing lower usually goes alot faster. Jk Just to clarify the part in red, if you form a trust your trustees(family in OP's case) can posess the NFA item WITHOUT the settlor(OP) being present. |
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I'd really like one of these, but i'm struggling with the fees to have a lawyer do for me, what is essentially a wacky mad-lib, where i insert my own name, trustees, and such.
I mean, its not like its being written from scratch from start to finish every time :( |
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I'd really like one of these, but i'm struggling with the fees to have a lawyer do for me, what is essentially a wacky mad-lib, where i insert my own name, trustees, and such. I mean, its not like its being written from scratch from start to finish every time :( It only stings for a second....just like getting a needle at the doctors office....it happens once and then you are good to go for many NFA items you will purchase afterwards....DO IT! |
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I'd really like one of these, but i'm struggling with the fees to have a lawyer do for me, what is essentially a wacky mad-lib, where i insert my own name, trustees, and such. I mean, its not like its being written from scratch from start to finish every time :( Anyone can shoot your NFA stuff, you just have to be there. You can not give an NFA item to someone to borrow. There are no hoops to jump through, and Quicken does perfectly legal trusts for $40 instead of $400 for the EXACT same thing. For an SBR you have to decide if you want to register a lower you already own (Form 1) or if you want to buy a factory SBR (Form 4). If you go with the factory SBR you must buy the complete rifle. If you want to SBR a lower you already have, you will have to get your info (your name and location, or your trust name and location) on the reciever. Doing the Form 1 on an existing lower usually goes alot faster.
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Yep, here you go. Get these guys to set you up a NFA specific trust and you'll be good to go. http://www.princelaw.com/ +1 It took a week and a half for me to get mine, from first call until I had it in hand. +2, getting one more set of signatures, then my Trust is done.  princelaw rules... If anybody has questions, just call them, and set up free phone consult. They will explain everything then, including fees.
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Anyone can shoot your NFA stuff, you just have to be there. You can not give an NFA item to someone to borrow. There are no hoops to jump through, and Quicken does perfectly legal trusts for $40 instead of $400 for the EXACT same thing. For an SBR you have to decide if you want to register a lower you already own (Form 1) or if you want to buy a factory SBR (Form 4). If you go with the factory SBR you must buy the complete rifle. If you want to SBR a lower you already have, you will have to get your info (your name and location, or your trust name and location) on the reciever. Doing the Form 1 on an existing lower usually goes alot faster. Jk You do not have to be there if the items are owned by a Corp, and the person in possession of them is a corporate officer authorised to possess them. |