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I did not include the citizenship statement/cert. My attorney advised me to not include anything that wasn't necessary. The form 4 was approved, YMMV...Originally Posted by DeusExMachina
I keep seeing conflicting info as to include the item you're buying in the trust or not.
I've hear of people adding the word "Pending" after the item on the schedule. Seems like a fair way to go about it to me, but if I did, I would want to list some other property as well.
I used Quicken Willmaker following the success of a friend who did the same. He had zero problems.
I'm now in the process of deciding what I want. I thought I knew (Gemtech G5 for my new AR15) but I keep getting swayed back and forth by the youtube torture tests.
Anyway, the trust formation was a piece of cake. Just print it and get it notarized. You don't even have to file it anywhere. If there are any problems, the ATF will notify you and allow you to fix it (or so I heard).
Now if I can get back on track with which one to get . . .
FWIW, MGT is getting G5s "very soon".
One point based on my experience with Quicken Willmaker...
Quicken will only save it in the Quicken format. If you want to print another copy or change something you have to use the Willmaker program. I made a copy using MS WordPad so I can change or print it anytime I want without using the Quicken program. I did a scan of the page with the signatures on it. I used WordPad because it's simple enough I can figure out how to use it.
I have several NFA items approved using my Quicken Willmaker Trust. The most recent was approved in October of last year.
Cave Law wanted $750 for a trust.
I bought Willmaker 2011 which did not include the ability to make a trust. Instead it came with Nolo online trustmaker. Seems to put out the same thing but is updated for two years to the latest laws.
just some words of warning when using quicken. ive seen a lot of stories out there about people getting burned for not doting your i's and crossing your t's. im sure that if you pay close attention you will be fine, but don't take it too lightly. the lawyers charge outrageous amounts, but there is a reason why besides just plain lunacy. if you don't pay attention to detail it can burn you. i went the llc route simply because the horror stories scared me off and i don't trust myself haha.
again, i am sure if you pay close attention there won't be any problems. just don't be lazy with it.
oh hey, weird question related to this thread. i had a buddy ask me about switching between a trust and an llc. so lets say he buys something on a trust, then forms an llc for other reasons or whatever, then wants to transfer the nfa items from the trust to the llc. is this possible? and is it possible to go in the other direction? for example if you put them on an llc then form a trust for your kids/family and want to transfer the stuff over. or, do you have to go through actual transfer forms from the atf?
I haven't read any horror stories besides the one regurgitated by all the lawyers, so it makes it seem like they're scaring people into paying for the service. Which makes sense, because they're lawyers.
The one thing I've seen discrepancy on is if the item should be in the trust when you submit the paperwork to transfer it. To me, it doesn't make sense being there until you get the stamp, but a lot of people say to put it in there.
To me, I made my trust as useful looking as possible (like I didn't just throw it together for NFA stuff) and I will be sure to amend it once I get the stamp for my suppressor, so when I buy something else they will see that the suppressor that was transferred to the trust is actually part of the trust.
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