Warning

 

Close

Confirm Action

Are you sure you wish to do this?

Confirm Cancel
BCM
User Panel

Site Notices
Posted: 3/8/2006 7:06:54 PM EDT
Does anyone know if a living trust would work the same way as a corporation or LLC for Class 3 items here in Mi?  

I've read it can be done in other areas, and is listed in the NFA law, but not sure if it will work in Mi.  I like the idea of no signoffs and quicker approvals, plus I already have a trust set up.  

Can anyone point me in the right direction as to where to look to find the answers?  I'm looking to get a few silencers when that issue is clarified (or do I need to w/ the corp/trust status?) and save up for an MG in the future.

Oh, and I'd like to thank those who worked to get that opinion written.
Link Posted: 3/10/2006 5:33:04 AM EDT
[#1]
There is nothing in MI law that would prevent you from using a trust for NFA.
Close Join Our Mail List to Stay Up To Date! Win a FREE Membership!

Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!

You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.


By signing up you agree to our User Agreement. *Must have a registered ARFCOM account to win.
Top Top