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Thread: how long for S.B.R forms?

  1. #11
    No Hope For Me Coils's Avatar
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    Give me a simple explanation of what a "trust" is. I'm thinking of a couple different things and confusing myself.

  2. #12
    Gunco Regular bsouthnow's Avatar
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    Living Trust sounds like the way to go! Will this work for a form 1 silencer also???
    Thanks!
    Bill
    Bill from Spartanburg

    Be like an old dog!!!! If you can't eat it or screw it, just piss on it and walk away!!!!

  3. #13
    Cuerno de Chivo chipmechanic's Avatar
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    Yes it will work on a form 1 silencer.

    A trust is essentially an legal entity that holds property in trust for beneficiaries. You make up a trust and name someone as the beneficiary. You control the trust. The property is the property of the trust. You can add or delete property of the trust at will. The NFA stuff you add to the trust becomes propertyof the trust. You can remove it from the trusts property to your own personal property but you would have to transfer on a form 4 at $200 expense per item. No need to though as executor you have full usage rights. Handy eh??? When you die the trusts property goes to the beneficiaries you name without having to go through probate like it would in a will.



  4. #14
    No Hope For Me Coils's Avatar
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    That clears it up. Thank you

  5. #15
    Gunco loyalist 1phast340's Avatar
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    I have not set up my trust yet,and haven't purchased the software yet. awhile back when I was looking into it, I noticed the 2007 version was about half the cost of the 2008 version and I would assume now that is the case with 2008 versus 2009. why wouldn't one of the older versions (cheaper) be just as good as the newer ( More Money) version? I mean it worked for you guys 2 years ago.Tom.

  6. #16
    Cuerno de Chivo chipmechanic's Avatar
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    Quicken Willmaker
    Last edited by chipmechanic; 02-21-2009 at 07:11 PM.



  7. #17
    Gunco Rookie Poverty Ridge's Avatar
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    Default fyi

    GOOGLE ATF forms and there are several sites out there that you can type in the info and presto out comes the form. A good copier and presto citizenship papers and all the form numbers.

  8. #18
    THE 9mm ADDICT MUSIBIKE's Avatar
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    Three months. Same as a machine gun transfer.

    My last machine gun was approved on OBAMA's inuaguration day, Jan, 20, 2009.

    Classic!!!!

    :-)
    M U S I B I K E

  9. #19
    Gunco Member PAC762's Avatar
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    Do you guys who have trusts take sepparate insurance policies out for the trust? I would think that a regular policy in your personal name would not cover items not owned by you. I could be wrong, though.

  10. #20
    Gunco loyalist 1phast340's Avatar
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    the answer is....................46 day's. got my SBR Forms today. and I had requested them a second time at the 30 day mark, so in 16 day's I should be getting another set.

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