Tax stamp question.

[roscop]

Hypothetically speaking, if you wanted to by an NFA item from somebody who has it in a trust, could they add and keep you on the trust, and you wouldn't have to pay for another tax stamp?

[wilmermj]

Amendments shall set your free my son. Do your homework and googlefoos. Also consult your lawyer blah blah blah.

[Massivedesign]

I am NOT a lawyer, and this is NOT legal advice....

I have heard of people adding others to trusts, giving the new trustee complete power over the trust, then the new trustee modifies the new trust to remove the original trustee.

[A.O.]

So add cost of new trust to sale, remove other guns from trust, add new head of trust, have yourself removed, and set up a new trust?

That seems stupid easy. But I don't see how it's breaking laws. Interesting.

[roscop]

Amendments shall set your free my son. Do your homework and googlefoos. Also consult your lawyer blah blah blah.

I definitely have some homework to do, I thought this would be a good place to start. Thanks for the advice and input.

[Guntrader]

I'm not a lawyer.
But I wouldn't even consider it unless it were a close friend or family member.