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Feb 12th, 2024
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 Re: Suppressor and trusts
[Re: Bmnloader]
#7318339
10/18/18 09:28 AM
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Joined: Mar 2011
Posts: 2,062
Toxarch
Veteran Tracker
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Veteran Tracker
Joined: Mar 2011
Posts: 2,062 |
I did my trust with 2 beneficiaries but now i wished it was just me due to the processing time. I can remove them at any time though and may end up doing it later down the road. It just allows them to be in possession of the can without me being present. All of the beneficiaries are CHL holders so I had hoped it would help but they still have to go thru the same background check. It looks like my wait time is right at 8 months. Bought thru a SilencerShop kiosk at Modern Outfitters in Dallas and was told it would speed things up. Apparently the gun shop didn't sign a form and it has delayed me 2 months. Beneficiaries do not go through a background check and can not possess the NFA items without you present. Beneficiaries are the heirs to the trust. They are not and can not be trustees.
It is far more important to be able to hit the target than it is to haggle over who makes a weapon or who pulls a trigger.
� Dwight D. Eisenhower
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Re: Suppressor and trusts
[Re: Toxarch]
#7318570
10/18/18 02:48 PM
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Joined: May 2011
Posts: 28,016
skinnerback
THF Celebrity Chef
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THF Celebrity Chef
Joined: May 2011
Posts: 28,016 |
They are not and can not be trustees. ?? My 20 & 18 yr old's are trustees on my trust. Photos, fingerprints, and back ground checks were done on both of them of course. Either one of them can be in possession without me being present, copy of stamp & trust goes with. My 20 yr old is a trustee and the beneficiary of my trust. and yes it took forever, 1 1/2 yrs actually to get my stamp after if was kicked back twice for errors on the paperwork (my gun shop had just started doing them).
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Re: Suppressor and trusts
[Re: snake oil]
#7318822
10/18/18 06:51 PM
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Joined: May 2013
Posts: 4,091
CharlieCTx
Extreme Tracker
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Extreme Tracker
Joined: May 2013
Posts: 4,091 |
They told me it takes quite a bit longer if you do a Trust. I'm no expert as I have only purchased two, but I don't believe that statement is accurate. Did both of mine via trust and they didn't seem to take any longer than anyone else. My first one seems like it was 8-9 months, second one a bit longer, but that was due to the new rules going into effect last July and everyone rushing in.
Kel-Tec RFB + Griffin Sportsman Ultra Light 300 + Pulsar Apex XQ-50
M&P-10 + AAC Cyclone
Remy 700 + Leupold VX3 3.5x10x50 CDS
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Re: Suppressor and trusts
[Re: Bigfoot]
#7319374
10/19/18 04:04 AM
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Joined: Mar 2012
Posts: 3,809
Cleric
Extreme Tracker
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Extreme Tracker
Joined: Mar 2012
Posts: 3,809 |
Some are getting caught up in backgrounds and more people mean more chance of getting stuck
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Re: Suppressor and trusts
[Re: CharlieCTx]
#7319382
10/19/18 04:26 AM
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Joined: Nov 2010
Posts: 29,609
SapperTitan
Taking Requests
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Taking Requests
Joined: Nov 2010
Posts: 29,609 |
They told me it takes quite a bit longer if you do a Trust. I'm no expert as I have only purchased two, but I don't believe that statement is accurate. Did both of mine via trust and they didn't seem to take any longer than anyone else. My first one seems like it was 8-9 months, second one a bit longer, but that was due to the new rules going into effect last July and everyone rushing in. Mine was individual and too 6 months
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Re: Suppressor and trusts
[Re: Bigfoot]
#7319386
10/19/18 04:37 AM
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Joined: Jul 2015
Posts: 23,167
Bee'z
The Beedazzler
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The Beedazzler
Joined: Jul 2015
Posts: 23,167 |
6 month on my individual transfer to the day Feb-August
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