Gun Trusts

Regardless of what’s happening in the news lately, a Gun Trust is the still the best way to buy a suppressor, period. We’ll attempt to clarify the ATF Ruling on this page. First of all, most things have not changed. A trust is still the best way to allow an entity comprised of members of your choosing to acquire NFA items. Should one member of the trust become deceased, the remaining members retain possession of the Trusts inventory. This allows for families or clubs to legally possess NFA items without the worry of what happens to it when death of the owner occurs.

It may sound complicated, but I assure you, it is not. Oklahoma Silencer will assist you through the entire process to ensure accuracy and your peace of mind.

Okay, here we go. On January 15, 2016, a new Bureau of Alcohol, Tobacco, Firearms and Explosives (BATFE) Rule affecting the transfer of items regulated by the National Firearms Act (NFA) was published in the Federal Register. This rule, which you know as 41F, changes the way individual members of “gun trusts” or “NFA trusts” operate with regard to possessing NFA items. Although it poses some inconveniences and additional hurdles for exercising our 2nd Amendment, it’s not all bad. In fact, there are some positives that MIGHT come of this. Here’s a few important things you need to know about the ruling, 41F.

1. The ruling, although introduced January 15, 2016 does not become affective until July 13, 2016. 180 days of “notice” was given. All prior benefits regarding trusts are still in effect until this time and Form 4 submissions prior to this date are “grandfathered” in. Keep in mind, SUBMISSION date, not APPROVAL date. Keep that in mind if you’re considering a suppressor, prior to early July might be a great idea.

2. It requires that any responsible person submitting a Form 1 or 4 application on behalf of a trust must include a 2×2-inch photograph of themselves taken within the year prior to the date of the application, two fingerprint cards, a completed NFA Responsible Person Questionnaire (ATF Form 5320.23), and a copy of their trust. All of these items must be included along with the $200 “tax stamp” check or money order made to the ATF. This change requires that trust applicants submit the same information with their forms that individual applicants are currently required to. I’ve heard that the ATF is considering an electronic means of fingerprinting, possibly through the dealer directly. But it IS the government after all so we shall see.

3. In addition, ALL responsible persons of a trust must submit photos, fingerprints, and Form 5320.23s for any given application. Further, an applicant must send a completed copy of their form to their local chief law enforcement officer (CLEO) and all responsible persons must also submit Form 5320.23s to their CLEOs.

This is actually a positive change in my opinion. No longer can CLEO’s in 2nd Amendment unfriendly areas effectively ban people from owning suppressors. Trusts were never required to deal with CLEO’s, but individuals needed PERMISSION from them, which allowed the CLEO to effectively block attempts to own NFA items from people they didn’t want to have them! As of July 13, 2016, this is no more. Individual buyers as well as Trust entities are required to simply notify the CLEO in their area. This is an improvement in my opinion.

Click on the banner of our preferred provider of Gun Trusts. We’re certain they’ll do a great job for you at an awesome price! Don’t take my word for it though, have a look at them, do some research and find the best fit for your needs.

199 Trust

Comments or questions are welcome.

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