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    NFA trust question

    I have several form 4's and form 1's signed by the CLEO. How would I go about moving these to a trust once I set one up?

    #2
    I'm not sure if you can transfer them tax free on a form 5 but I suspect that you will have to pay to transfer them all to the trust.

    Did you have a lawyer do your trust?

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      #3
      Haven't had anyone do it yet. Just entertaining the idea

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        #4
        that will be a $200 transfer EACH

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          #5
          Originally posted by Bily Lovec View Post
          that will be a $200 transfer EACH
          x2

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            #6
            plus a 7 month wait...

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              #7
              Originally posted by BuckySWT View Post
              plus a 7 month wait...
              What does that have to do with anything ? I already have them.

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                #8
                no clue...
                I'm just guessing.

                but if the NFA has to approve the transfer and re-issue a stamp for your item under the trust, I'd expect to wait a while to get it back...like 7 months

                maybe with the 5 extra examiners and 10 contract workers helping out...it'll speed up the process and trim off...what...a month

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                  #9
                  No I'm just saying all ready have the suppressors and machine gun in hand. I was just wondering what it would take to get them rolled over into a trust now.

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