Thread: NC Gun Trust
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Old 11-27-2013, 17:02   #7
35NCO
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Join Date: Nov 2010
Location: CONUS
Posts: 403
I have to disagree with dealer trusts...if thats what you meant...

I would be very careful about dealer "trusts". ATF has revoked and invalidated some dealer trusts. The ATF have federal attorneys that do take the time to review the trusts from time to time. Just for the sake of looking for problems. It has left the individuals screwed that they had to get lawyers or have illegally transferred NFA items and go to jail. One way or another it cost the individuals that took the cheap route a lot of money in the long run to get it all squared away again. That is of course in the scenario that ATF is even willing to cooperate with the individual. They tend to lean towards prosecutions instead of righting well intentioned situations.

Not to say its impossible to get a good trust at a reasonable price. I paid $300 for mine. Its over 60 pages and covers many good scenarios. However, I feel that it was exceptionally thorough and the lawyer is well known. It is one of those things that you really get what you pay for IMHO. It also offers the support of the lawyer if you do have some issues in the future. I have had ups and downs with ATF, I just like it when things work the first time. A good trust should work the first time every time, forever. Even when you are long gone.

Also a lawyer can help you with "constructive intent" issues and having the right people and not the wrong people on the trust. Things like who has the combo to the safe where your NFA items are stored is serious business. If they are not on the trust, you may have a problem. There are a few things to think about when you have the documents put together. Consider everything and many scenarios of "what if". Take it very seriously. Everyone has a different situation. Getting into NFA requires exceptional discipline and thought. As well as good paranoia to stay ahead of easy mistakes that could put you away for a long time. Good folks have been to jail with NFA because they did not consider simple things that are clearly stated in the NFA, the Huges Amendment, and case law.

At this time especially the ATF and DOJ are NOT your friends. Never forget that. The ATF does tend to change their priority's based on the current white house administration. The Bush administration was a lot better for ATF help and listening for the sake of changing bad rules and rulings. Today, you are lucky if you get any help at all.
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