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Whereas many NFA item owners are aware of the requirement to submit a Form 20 before crossing state lines with a machine gun, short-barreled shotgun, short-barreled rifle, or destructive device, many are unaware that a one-year approval is permissible under section 13.8.3 of the NFA Handbook (available on the ATF’s website at this link: https://www.atf.gov/firearms/national-firearms-act-handbook): …
The Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) oversees the processing of National Firearms Act (NFA) tax stamps, which are required for the manufacture or transfer of regulated items such as suppressors, short-barreled rifles (SBRs), and machine guns. These tax stamps ensure compliance with federal regulations and require applicants to submit detailed forms, undergo …
What is a Trust Restatement and Why Do You Need One? For collectors and sports enthusiasts, firearm trusts offer numerous advantages. They serve as estate-planning tools for your firearms and accessories, allowing you to pass them on to family or friends after your death. Additionally, they enable you to designate legal possession of restricted items …
Early Administrative Advantages of Gun Trusts In the early days of gun trusts, there was a very clear administrative advantage for putting your NFA items in a trust. Without a trust, the process was cumbersome and required multiple steps: This process, though quaint in retrospect, was riddled with challenges: Technological Advancements and Changes in the …
Whether you are purchasing an item from another individual or want to transfer your item from your name into your newly created trust, the process will be the same: Form 4. Transfer from your individual name into your trust If you registered an item under your individual name but ultimately want that item in a …
Long after The Walking Dead made zombies a zeitgeist, a different kind of zombie is making headlines. Congresswoman Jill Tokuda from Hawaii is raising awareness about so-called “zombie guns” by co-sponsoring H.R. 7746 along with Representative Maxwell Frost. The proposed bill is called the “Destroy Zombie Guns Act,” and was introduced on March 20th of …
