Looking for experienced holders of this type trust. No trools, No baiters need reply. As always OPSEC. HK Benefits of an NFA Trust What is an NFA Firearms Trust? A NFA Firearms Trust is a unique legal instrument that helps deal with the issues that can arise with the sale, purchase, and ownership of Title II firearms. (Including short-barrel rifles and shotguns, machine guns, and silencers.) These are also referred to as Gun Trusts, Firearms Trusts, or Firearms Revocable Trusts. A Trust, generally, is a legal relationship whereby property is held by one person for the benefit of another. NFA Firearms Trusts are specifically tailored to deal with the fact that the property can be firearms. The Trust itself is the entity that ‘owns’ the property in trust. While something similar can be achieved with LLCs or Corporations, Trusts are preferred because those business entities have annual tax and other reporting requirements. This is not only expensive, but provides less privacy. Further, since there are more reporting requirements, there is more of a risk of mis-reporting, which could lead to severe criminal penalties. Benefits of an NFA Firearms Trust The main benefit of an NFA Firearms Trust is the same as any trust- to ensure your property is protected in a manner you choose- not in the manner the court system later chooses after your death. Further, using a Gun Trust to purchase Title II firearms can streamline and expedite the process. One must purchase such firearms through a dealer, and must complete the ATF Form 4. Without a gun trust, completion of that form requires both the signature of the Chief Law Enforcement Officer in the area, and a fingerprint submission. With a gun trust, the A.T.F. will still verify and investigate the application, but fingerprints or the CLEO signature is no longer required. Further, the NFA gun trust can authorize several other people to be users of your Title II firearms without violating the law. As a rule of thumb, we recommend that you only authorize those who you trust with the keys to your gun safe.