Is An NFA Trust Still Worth It?

By Dan Zimmerman

(This article originally appeared at ryancleckner.com and is reprinted here with permission.)

By Ryan M. Cleckner

The number one question I have been asked all week is, “Should I use an NFA trust?” People interested in silencers, short barreled rifles, short barreled shotguns, machine-guns, or “any other weapons” usually consider whether they should use an NFA trust or purchase (or make) the NFA firearm as an individual. This has always been a common topic of inquiry but lately, with the announcement of ATF’s new rules for NFA trusts, everyone seems to be trying to determine if the benefits of an NFA trust are right for them now that the rules are changing . . .

Previously, in order for an individual (not an FFL) to manufacture an NFA firearm on an ATF Form 1 (Form 5320.1) or to purchase an NFA firearm on an ATF Form 4 (Form 5320.4), there were certain paperwork hurdles to cross imposed by Federal Firearms Regulations in 27 CFR 479.85. Namely, the individual needed to fill out the appropriate ATF Form, obtain approval from their Chief Law Enforcement Officer (CLEO), and …Read the Rest

Source:: Truth About Guns