making an llc

[Rattatatt]

You need fingerprints done if you are an individual (CLEO signoff). I don't know about the
Trust. You can't fingerprint a business entity so none required on a Corporation or LLC.

Bob

[Irving]

You do need to send in a finger print card on a trust. I just assumed it was the same for an LLC.

[ZombieKiller25]

You DO NOT need fingerprints cards or CLEO sign off with a Trust or LLC. Anyone you want to be able to handle your NFA items when your not around will need to be listed as members of the LLC when you register the company. No different than listing people on a trust for access to the NFA items.

[XJ]

What are the advantages/disadvantages of a trust vs a LLC?

[ZombieKiller25]

What are the advantages/disadvantages of a trust vs a LLC?

They are pretty much even. To get a good trust written, you'll need a lawyer that knows NFA laws. Typically I've heard people paying $750 - $1000 for a good trust. LLC's cost $50 up front and $10 a year after that. So with the trust you pay up front and the LLC is like a payment plan.

Plus with a Trust or LLC, you can list other people on there that will be able to have access to the NFA items when your not around. If you go the individual route, no one can have access to NFA items unless your present.

Personally I think both are viable options than getting prints, pics and signatures.

[SAnd]

A trust doesn't need anything done to keep it alive. A LLC has to have stuff done annually to keep it going. If you fail to keep it going your LLC ceases to exist and you then posses NFA items illegally.

[tmckay2]

A trust doesn't need anything done to keep it alive. A LLC has to have stuff done annually to keep it going. If you fail to keep it going your LLC ceases to exist and you then posses NFA items illegally.

true, but i think cost wise its worth it for the extra "work"

[Irving]

You DO NOT need fingerprints cards or CLEO sign off with a Trust or LLC. Anyone you want to be able to handle your NFA items when your not around will need to be listed as members of the LLC when you register the company. No different than listing people on a trust for access to the NFA items.

Have you personally gotten a Form 1 or Form 4 approved on a trust without supplying a finger print card?

[ZombieKiller25]

Have you personally gotten a Form 1 or Form 4 approved on a trust without supplying a finger print card?

Me personally? No, I don't go the trust route. I do however have several friends I go shooting with a monthly basis that went the trust route and they've never submitted fingerprints for a trust. Kinda defeats the purpose doesnt it?

[Irving]

That's good to know. I always assumed people turning in forms with finger print cards had trusts.