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ATF - NFA registrations. Wait times and quantity

KillerFord1977 said:
A trust will be way beneficial for loved ones to sort out after we pass on who gets what and any future legal concerns with NFA items. A trust and a will make it easier for family, or courts, power of attorney, and all that jazz when we pass on .
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You may still be correct, you certainly were before the zero tax. Now everything you are saying can be handled with the Will and a Form 4

Im just going by what ATF said last week when we had a mother-in-law wanting to transfer a suppressor that was will from her husband to the son-in-law. It used to be a Form 5 but they no longer do that. The Form 5 isnt even listed on the eForms list
 
KillerFord1977 said:
A trust will be way beneficial for loved ones to sort out after we pass on who gets what and any future legal concerns with NFA items. A trust and a will make it easier for family, or courts, power of attorney, and all that jazz when we pass on .
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Not to mention as soon as any (D) has a say so, that tax is coming back with a vengeance. Wouldn’t surprise me if it doubles or triples…
 
PieterCoetzee said:
You may still be correct, you certainly were before the zero tax. Now everything you are saying can be handled with the Will and a Form 4

Im just going by what ATF said last week when we had a mother-in-law wanting to transfer a suppressor that was will from her husband to the son-in-law. It used to be a Form 5 but they no longer do that. The Form 5 isnt even listed on the eForms list
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If a person files as an “Individual” for their form 1 or form 4, then when they pass, the item must be surrended to the ATF per the regulations and law. A Will wont matter. Wont be legal unless its in a Trust. Therefore, I do items in a trust.
 
KillerFord1977 said:
the item must be surrended to the ATF
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OR a SOT dealer for transfer to another individual. Again you may be right; but thats the info we just received last week. Things have changed since the zero tax was implicated
Retired Bum said:
I wouldn't trust the ATF any further than I can throw me truck.
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Well I suppose you can trust them or not and nothing I say will likely change your mind BUT if they do change something whos to say what good a trust will do when they change
 
KillerFord1977 said:
Agree and Understood, but waiting for a trust approval for a couple weeks will save a big hassle down the road when we pass on
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I get what youre saying, and honestly when Im dead my kids will probably just be looking to sell them.

I got into C3 stuff way before Trusts, By the time the Trust came along it would have cost a fortune to transfer all my stuff to a Trust, so I never bothered and now it doesnt look like it would matter anyway
 
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Belt Fed said:
What i read was without a trust they will be taken by the ATF, no transfer to anyone.
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Maybe so, Yes still say do a Form 5 for estates BUT the Form 5 doesnt exist anymore. What was printed before Zero Tax is out of date. We're currently doing a transfer from a widow to the shop and shop to the son-in-law because thats what ATF told us to do

As far as ATF taking them, thats only if the family says "dad died and I found these AND we dont know what to do". C3 items have always been transferred from estates, long before Trusts
 
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By the time any of us kick the bucket our suppressors will all be old school and no one will want them. They’ll be made of unobtanium in the future and a big one will be the size of a toilet paper roll. No one’s going to be looking for a mid-2020s big-*** Dead Air Wolfman to make their ancient Turkish MP5 clone look authentic.
 
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