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So you want a TRUST...
https://www.waguns.org/viewtopic.php?f=41&t=1112
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Author:  Guns4Liberty [ Fri Dec 12, 2014 11:15 am ]
Post subject:  Re: So you want a TRUST...

Benja455 wrote:
I am absolutely not an expert but this seems correct - alternatively, you could buy it yourself (not as a representative of the trust) and then give it to the trust as the Grantor - but as we discussed in the other thread, that approach isn't as clearly legal in the post-594 world than simply buying in the name of the trust originally. With that said, who knows if your average gunshop has much experience with trusts buying stuff...they might give you grief about it.


For reference, Benja455 is referring to this thread: http://waguns.org/viewtopic.php?f=114&t=48389 - "How Does 594 Affect Trusts?"

As I noted in my dissertation above, I was informed by Keith @ NW Gun Law Group that non-NFA firearm transfers to the trust that take place post-594 have to be run through your FFL. I have not independently verified this assertion, nor did I have time to verify it before 594 went into effect, because I heard that from Keith with just 5 days to go until D-Day. However, I was not about to take the chance that he was wrong and wait to transfer my non-NFA items to my trust, because if he was right, my failure to act before 594 would cost me in more ways than one after 594. In other words, I may have swallowed the marketing bait, but I'd also like to think that I played it safe.

Author:  Benja455 [ Fri Dec 12, 2014 11:21 am ]
Post subject:  Re: So you want a TRUST...

Guns4Liberty wrote:
In other words, I may have swallowed the marketing bait, but I'd also like to think that I played it safe.


Absolutely nothing wrong with that. thumbsup The whole reason we have trusts made by an attorney rather than Quicken WillMaker (I've seen some of those and they are SCARY) is an attempt to play it safe.

At the end of the day, we all can certainly agree that 594 has made a huge mess. :frust:

Author:  sandersballistics [ Tue Feb 16, 2016 10:52 am ]
Post subject:  Re: So you want a TRUST...

Guns4Liberty,

I am considering a trust with NW Gun Law Group did they say anything about having the trust natarized every time you add a new NFA item. As in after you get approval, or do you have to go back to them to add the serial number?

Thank you
Jules

Author:  Guns4Liberty [ Tue Feb 16, 2016 11:36 am ]
Post subject:  Re: So you want a TRUST...

sandersballistics wrote:
Guns4Liberty,

I am considering a trust with NW Gun Law Group did they say anything about having the trust natarized every time you add a new NFA item. As in after you get approval, or do you have to go back to them to add the serial number?

Thank you
Jules

Notarization is just for the trust agreement, not the trust assets (listed in Schedule A). So to answer your question, no, you do not need to re-notarize your trust every time you acquire a new asset...only when you make changes to the trust agreement.

Each time I buy a NFA asset from a dealer (Form 4), I list the make, model, and serial # on Schedule A (because the item has been paid for by the trust, and is therefore an asset), but I leave the Approval Date blank because the tax stamp hasn't been issued yet. I send in the trust, Schedule A, and Form 4 for approval. Upon approval (issuance of the tax stamp), I update Schedule A with the approval date, file the approved Form 4 w/ tax stamp with my trust documents, put a copy of the approved Form 4 w/ tax stamp in my range bag, and I'm done.

Each time I make a NFA asset myself (Form 1), I do not list it on the Schedule A until after I receive approval. That's because the NFA item doesn't technically exist until I make it, which doesn't happen until I have approval first. Upon approval, I list the make, model, serial #, and approval date on Schedule A; I go and make the item; and then I repeat the steps listed above for filing & copying the approved Form 4 w/ tax stamp.

That's all there is to it.

Author:  sandersballistics [ Tue Feb 16, 2016 12:49 pm ]
Post subject:  Re: So you want a TRUST...

Thank you for the quick and detailed response that is exactly what I was looking for.

Author:  Rutilate [ Wed Jun 20, 2018 12:21 pm ]
Post subject:  Re: So you want a TRUST...

oldkim wrote:
He is recommended by Rainier Arms and West Coast Armory... he comes highly recommended.

Here's his info.
http://www.brislawnlofton.com/

He has publications out there so he know's his stuff...
http://www.brislawnlofton.com/publications.html

http://dennisbrislawn.blogspot.com/2010 ... might.html


[/quote]
His site is down and domain is for sale.

Is this the same guy?
https://www.oseranhahn.com/dennis-brislawn

And he appears to be here:
https://nwgunlawgroup.com/dennis-brislawn/

But apparently his pubs are all gone.

Author:  MadPick [ Wed Jun 20, 2018 7:54 pm ]
Post subject:  Re: So you want a TRUST...

Keith Wells is also at NWGunlawgroup: https://nwgunlawgroup.com/keith-wells/

He's a good guy. thumbsup

Author:  MadPick [ Wed Jun 20, 2018 7:56 pm ]
Post subject:  Re: So you want a TRUST...

MadPick wrote:
Keith Wells is also at NWGunlawgroup: https://nwgunlawgroup.com/keith-wells/

He's a good guy. thumbsup


Oh, I see he's already been mentioned in this necrothread. :bigsmile:

Author:  Kick start my heart [ Sun May 05, 2019 9:55 am ]
Post subject:  Re: So you want a TRUST...

Dennis did my trust years ago. Been very happy with it.

Author:  rumaco [ Sat Nov 09, 2019 2:42 pm ]
Post subject:  Re: So you want a TRUST...

My approval of a supressor took right at 15 months and was approved Oct 24th and now if it arrives "released" then it can go with me IF NOT, since it was purchased with a trust there is yet another background check it has to go through prior to release to me. It is a never ending battle......

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