What is a NFA Gun Trust? - Learn More About Gun Trusts
If you are interested in buying NFA firearms, we believe that the NFA Gun Trust is the best solution for most people. There are many advantages to using a NFA Gun Trust: add heritage to your NFA Gun Trust, add responsible person(s) to your trust like: your spouse, children, perhaps close friends, etc, No CLEO signatures are required on your ATF paperwork, and more. If you file for your NFA firearms as an individual and later decide that you want a NFA Gun Trust for your NFA firearms collection, you have to apply for another Tax Stamp to move the NFA firearms collection into the trust. That means that you are repaying the $200 Tax Stamp for every NFA firearm that you want to move within the trust. With that being said before you purchase your first NFA firearm, you need to decide how you want to structure your NFA firearm collection.
You don't need to hire and pay for a NFA Gun Trust lawyer that charges you per phone call, email and can take many weeks to establish your NFA Gun Trust. Save the $500 to $1,000 dollars that you would spend with a NFA Gun Trust lawyer. With our lawyer drafted NFA Gun Trust, we have done all of the hard work for you. Our NFA Gun Trusts are $59.95 and can be received by you and setup within 5 minutes after you purchase. Many of our customers report having their NFA Gun Trust, notarized and dated within one hour of receiving their gun trust. Don't wait for the NFA Gun Trust lawyer to get back to you. Check out and buy your ATF approved National Firearms Act NFA Gun Trusts Here Today.
National Firearms Act weapons commonly referred to as Title II weapons are regulated by the BATFE (Bureau of Alcohol, Tobacco, Firearms and Explosives - [BATFE]. They are a federal law enforcement organization within the United States Department of Justice). According to the BATFE National Firearms Act, Title II weapons are:
(5) any other weapon, as defined in subsection (e);
For the purposes of the National Firearms Act, the term “Any Other Weapon” means:
- Any weapon or device capable of being concealed on the person from which a shot can be discharged through the energy of an explosive;
- A pistol or revolver having a barrel with a smooth bore designed or redesigned to fire a fixed shotgun shell;
- Weapons with combination shotgun and rifle barrels 12 inches or more, less than 18 inches in length, from which only a single discharge can be made from either barrel without manual reloading; and
- Any such weapon which may be readily restored to fire.
Such term shall not include a pistol or a revolver having a rifled bore, or rifled bores, or weapons designed, made, or intended to be fired from the shoulder and not capable of firing fixed ammunition.
(6) a machinegun;
(7) any silencer (as defined in section 921 of title 18, United States Code); and
(8) a destructive device.
[26 U.S.C. 5845; 27 CFR 479.11]
There are three ways to obtain National Firearms Act regulated Title II weapons that are described above. You can apply for a NFA Tax Stamp individually, through a NFA Gun Trust, or as a legal entity (usually a company or corporation). Filing for a NFA Tax Stamp as an individual limits your flexibility and heritage of your NFA collection. With a NFA Gun Trust you are able to add heritage to your collection by designating beneficiaries to the trust. Also, with a NFA Gun Trust you are able to add other responsible person(s) to the NFA Gun Trust. This allows others who you designate at the establishment of your NFA Gun Trust or through an amendment to the NFA Gun Trust at a later time, to be able to have full use of the contents of the NFA Gun Trust. This is not possible through a tax stamp that was issued as an individual and potentially if filed as a legal entity. A responsible person as defined by the BATFE is:
Federal explosives laws define a "responsible person" as an individual who has the power to direct the management and policies of the applicant pertaining to explosive materials. Responsible persons generally include sole proprietors and explosives facility site managers. In the case of a corporation, association, or similar organization, responsible persons generally include only those corporate directors/officers, and stockholders, who have the power to direct management and policies as they pertain to explosive materials.
For example, a corporate vice president whose duties include acquiring and approving contracts with explosives distributors would be considered a responsible person. Other corporate officials whose duties do not include the power to direct the management and policies of the applicant pertaining to explosive materials, for example, a vice president responsible solely for human resources, would not typically be considered a responsible person. Each applicant for a license or permit must assess the corporate and other management responsibilities for all key personnel and determine whether or not these duties place the individual in the position of being a responsible person. [18 U.S.C. 841(s), 27 CFR 555.11: definition of "responsible person"]