If you’ve observed the firearms industry during the last five years, you’ve noticed the exploding popularity of firearms regulated by the National Firearms Act (‘NFA’), such as silencers, popularly known as suppressors, short barrel rifles (SBR), short barrel shotguns (SBS), and machine guns (full auto). The popularity of these firearms might explain why they have become a target of a new regulation; however, there is good news if you use Gun Trust USA™ and a local gun shop with good customer service.
The new regulation is known as ‘41F’, and it will take effect July 13, 2016. It only affects applications to register new NFA firearms. There are two types of registration applications fo NFA firearms. If you want to buy an NFA firearm, like a silencer or suppressor, your gun dealer will submit ATF Form 5320.4 (‘Form 4’). If you want to make an NFA firearm, like an SBR, you would submit ATF Form 5320.1 (‘Form 1’). Each application is submitted with a tax payment. When approved, ATF issues a tax stamp as proof of registration.
Before July 13
If your Form 1 or a Form 4 is postmarked before July 13, a trust will enable you to skip much red tape—no fingerprints, no photographs, and no police signature.
Starting July 13
If you use a trust to submit a Form 1 or Form 4 on July 13 or later, each ‘responsible person’ will need to provide fingerprints and photographs for ATF Form 5320.23 (‘Form 23’). Fortunately, the firearms industry is preparing to enable you to complete Form 23 at the point of sale. If you use Gun Trust USA™, you can remove other people in your trust yourself so they do not need to complete Form 23. Later you can re-add them to your trust later without Form 23.
Before and After July 13
By using Gun Trust USA™, other people in your trust may share legal possession of the firearms in it. Subject to state law, people could also keep your trust and NFA firearms beyond your lifetime. They could also inherit the firearms without a public court record. If you add or remove people in your trust, 41F will not require you to inform ATF because 41F and Form 23 only concern applications to register new NFA firearms.
Create your own NFA gun trust now using Gun Trust USA™. Simply complete our online questionnaire at this link. You can complete your documents in minutes for as little as $99.95. You will be offered additional options, including our popular Turnkey Package, and at any time you take advantage of our “Ask a Lawyer” program to request a discounted consultation with an attorney in our support network.
Our optional Turnkey Package is also very special. By requesting this optional service, we will print your Gun Trust USA™ documents on durable paper. We will flag all the signature lines so signing the documents with your local notary public will be simple and fast. We will assemble your documents in our custom 3-ring binder, which has many tabs to organize all your documents related to your gun collection, including receipts, NFA tax stamps, training certifications, concealed carry permits, hunting licenses, and more. Our binder will keep you organized and help your successors find all the information they will need to inherit and manage your gun collection in the future. Additionally, our Turnkey Package will include tactical document bags to protect the photocopies of the trust documents and NFA tax stamps you must keep with your silencers, short barrel rifles, etc. This truly is a Turnkey Package making your Gun Trust USA™ documents ready to go and always organized.
At any time you can take advantage of our ‘Ask a Lawyer’ program if you have any questions. This extraordinary service enables you to request a discounted telephone consultation with an attorney, who can answer your questions about NFA gun trusts and federal law. None of the ‘do-it-yourself’ gun trust forms offer you this level of support.
Want to learn more about Gun Trust USA™ services as well as a variety of NFA gun trust topics, including transferring suppressors, BATFE regulations, making short barrel rifles, estate plans for inheriting firearms, and more? Visit our Frequently Asked Questions.
