In January 2016, ATF announced a new form would be required at the time applications are made for NFA firearms. This rule was previously known as ‘41P’ and is now known as ‘41F’.
What difference does it make?
Starting July 13, 2016 any person defined as a ‘responsible person’ must submit a form to ATF but only when an application for an NFA is submitted. Is this the end of the world? Not even close. Even ATF’s announcement of 41F discussed why people should continue using trusts for NFA firearms, particularly to allow possession by others and for estate planning purposes.
Gun Trust USA™ uses a design specifically to comply with 41F by allowing the trustee to remove/re-add responsible persons before/after making a new application for an NFA firearm after July 13, 2016. Therefore those responsible persons can avoid the new 41F form, which is required only at the moment an application is made. The Gun Trust USA™ design also ensures important roles in your trust, such as the successor trustee and beneficiaries may remain in a trust without being subject to 41F.
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