Does a limited trustee equate to a responsible person when purchasing an NFA item?
In my case "limited trustee" only has right to possess and/or transport property in the trust. Cannot buy or sell
I am under the impression that they do but I recently read where someone bought an item and thy were the only one (assuming they were settlor) required to submit photo and fingerprints
Wondering if I am wrong or they could potentially get in a bind down the road.
Pretty sure I can get an answer here
In my case "limited trustee" only has right to possess and/or transport property in the trust. Cannot buy or sell
I am under the impression that they do but I recently read where someone bought an item and thy were the only one (assuming they were settlor) required to submit photo and fingerprints
Wondering if I am wrong or they could potentially get in a bind down the road.
Pretty sure I can get an answer here
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