Can a Beneficiary of the Gun Trust, possess, transport or store the NFA firearms within the Gun Trust?
In order for a person to be able to possess, transport, store or use the NFA Firearms within the gun trust without the supervision of the settlor, the person will need to be a responsible person within the gun trust. If the beneficiary is not a responsible person within the gun trust, e.g. a co-trustee, then the beneficiary cannot possess, transport, store or use the NFA Firearms within the gun trust without the supervision of the settlor or co-trustee. It is worth noting that the beneficiary can still use the NFA firearms within the gun trust if the settlor or a co-trustee supervises the beneficiary using the NFA firearms.
Other NFA Gun Trust and ATF Related Blog Posts
Approved ATF eForm 1 "ATF Copy"
If you have received an approved ATF eForm 1 tax stamp application, you might notice that the red footer indicates that the approved tax stamp says "ATF Copy" in red. When you apply with a paper A...
Can You Keep an NFA Firearm During the Transfer from an Individual to a Gun Trust?
You can use the ATF Form 4 to transfer an individually owned NFA firearm into your gun trust after you have taken possession of it. You will still be able to have possession of the NFA firearm as a...
RED X Error on ATF eForm 1 after Uploading ATF 5320.23 and Passport Photo
When you are using the ATF eForm's website to apply for a tax stamp, you will need to upload your digital passport style photo and if you are applying with a gun trust or other legal entity, you wi...