SBS and laws

[Oscar77]

If they are on the trust at time of submitting for a tax stamp, yes.

But if they are not, and then you add them to an existing trust with existing tax stamped assets, there is no legal mechanism or requirement for that process.

Ok........ to be honest.......... I'm confused.

Firstly in 2016 the ATF changed the filing requirements to have all members of the trust to submit personal info so they had the identities of the trust members.

And so you are saying that you have an existing trust (prior to that change) and so simply add items to it, without being "challenged" (for lack of better word) to update the trust with that personal info?

But the OP is "....thinking of getting my first tax stamp item............" so he'd fall under the new requirements and in setting up a trust, he'd need to submit the personal info of all involved.

Or?????


PS:
Right here............. was this struck down? Or?.........since it requires background/fingerprint etc for all parties, and it seems any transfer :

Background Checks for Responsible Persons (Final Rule 41F) | Bureau of Alcohol, Tobacco, Firearms and Explosives (atf.gov)

[CS1983]

Ok........ to be honest.......... I'm confused.

Firstly in 2016 the ATF changed the filing requirements to have all members of the trust to submit personal info so they had the identities of the trust members.

And so you are saying that you have an existing trust (prior to that change) and so simply add items to it, without being "challenged" (for lack of better word) to update the trust with that personal info?

But the OP is "....thinking of getting my first tax stamp item............" so he'd fall under the new requirements and in setting up a trust, he'd need to submit the personal info of all involved.

Or?????


PS:
Right here............. was this struck down? Or?.........since it requires background/fingerprint etc for all parties, and it seems any transfer :

Background Checks for Responsible Persons (Final Rule 41F) | Bureau of Alcohol, Tobacco, Firearms and Explosives (atf.gov)

That assumes they are on the trust at the time of the application. Once a trust receives an approved tax stamp, there is no mechanism for adding or removing people from a trust that requires their involvement.

ETA:

trust: 1 person - the person’s BG, FP, Pic must be submitted
trust: 2 people - same but for 2

trust: 1 person, X stamps - add 1 more person - just add them. There is no requirement to send in that info UNLESS AND UNTIL the stamp count goes to X+1, at which point the +1 stamp application requires whoever is on the trust at the time of application

[Oscar77]

That assumes they are on the trust at the time of the application. Once a trust receives an approved tax stamp, there is no mechanism for adding or removing people from a trust that requires their involvement.

ETA:

trust: 1 person - the person’s BG, FP, Pic must be submitted
trust: 2 people - same but for 2

trust: 1 person, X stamps - add 1 more person - just add them. There is no requirement to send in that info UNLESS AND UNTIL the stamp count goes to X+1, at which point the +1 stamp application requires whoever is on the trust at the time of application

Oh.......... ok I get you.......... I see what you are saying........... thanks for the explanation!
(That and now that I understand your comments, the Q/A section has that very situation addressed).
How would that help the OP? Being a new applicant?

[CS1983]

Oh.......... ok I get you.......... I see what you are saying........... thanks for the explanation!
(That and now that I understand your comments, the Q/A section has that very situation addressed).
How would that help the OP? Being a new applicant?

Individual or trust for one person isn?t necessarily a major difference. Where it might help is down the line.