Close
Results 1 to 10 of 10

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1
    Machine Gunner
    Join Date
    Mar 2013
    Location
    Highlands Ranch
    Posts
    1,947

    Default Trust Transfers & the New Background Check Law

    So I just setup a trust for the purpose of purchasing suppressors since Douglas Co sheriff will not sign of on NFA items. I also intend to build a SBR.

    I went to a local Class 3 dealer to transfer a non-NFA receiver from me to the trust so I could start the process of getting the SBR tax stamp...

    The CBI would not/could not do the background check since the firearm was being transferred from me to me. They would not/could not do the check since the feds don't require background checks for this type of transfer. The CBI said they need to check with the Attorney General before proceeding.

    Has anyone tried doing this since the new law was enacted? If so where did you have it done?


    Thanks

    I know, I know, should of done it before July 1...

  2. #2
    Machine Gunner muddywings's Avatar
    Join Date
    Aug 2012
    Location
    CO Springs
    Posts
    1,547

    Default

    yup, just did the same thing at my FFL. I transferred my lower from me, to myself as trustee of my trust. FFL just did the transfer under my name then I filled out a receipt that my lawyer did for me that I, muddywings am accepting AR15 lower S/N 12345 as Settler and Trustee of muddywings trust.
    I paid the $35 bucks, had them print out the CBI report, I filed it with my trust and added the lower to my schedule A.
    "The thing about quotes on the internet is that you cannot confirm their validity." -Abraham Lincoln

  3. #3
    The "Godfather" of COAR Great-Kazoo's Avatar
    Join Date
    Sep 2003
    Location
    Washboard Alley, AZ.
    Posts
    48,077

    Default

    You can give yourself a gift. FWIW: next time purchase it and put next to your name TRUSTEE. That will really throw CBI.
    Last edited by Great-Kazoo; 09-13-2013 at 18:34.
    The Great Kazoo's Feedback

    "when you're happy you enjoy the melody but, when you're broken you understand the lyrics".

  4. #4
    Machine Gunner
    Join Date
    Mar 2013
    Location
    Highlands Ranch
    Posts
    1,947

    Default

    Quote Originally Posted by jim View Post
    You can give yourself a gift. FWIW: next time purchase it and put next to your name TRUSTEE. That will really throw CBI.
    The lowers were purchased 9 months ago before I even considered a SBR.

    Everyone else I talked to, even the trust lawyer says I must have a background check to transfer these to the trust.

  5. #5
    The "Godfather" of COAR Great-Kazoo's Avatar
    Join Date
    Sep 2003
    Location
    Washboard Alley, AZ.
    Posts
    48,077

    Default

    Quote Originally Posted by Eric P View Post
    The lowers were purchased 9 months ago before I even considered a SBR.

    Everyone else I talked to, even the trust lawyer says I must have a background check to transfer these to the trust.
    ah ha. mine was done long time ago, in gun years. Guy i "talked with" at CBI said to include the trustee / executor what ever "we" call our self.
    The Great Kazoo's Feedback

    "when you're happy you enjoy the melody but, when you're broken you understand the lyrics".

  6. #6
    Machine Gunner Squeeze's Avatar
    Join Date
    Nov 2009
    Location
    Aurora, Colorado
    Posts
    2,289

    Default

    Leave it up to the .gov to screw up a perfectly good process. Sure, wait times sucked and the still will suck..only now we have to find a way around having to talk to a Sheriff about signing off on a Form-4. Not sure I want to even bother getting the trust done now for my SBR.
    The character of a man can be judged by how he treats those who can do nothing for him

  7. #7
    Machine Gunner Circuits's Avatar
    Join Date
    Sep 2003
    Location
    Colofornia Springs, CO
    Posts
    2,411

    Default

    CBI doesn't record any "from" field, which means the FFL was for some reason getting chatty on the phone instead of just submitting the transfer electronically?

    The transfer should go through like any other private party transfer, and CBI won't know or care if your FFL doesn't call it in and say something stupid.
    "The only real difference between the men and the boys, is the number and size, and cost of their toys."
    NRA Life, GOA Life, SAF Life, CSSA Life, NRA Certified Instructor Circuits' Feedback

  8. #8
    Guest
    Join Date
    Mar 2012
    Location
    Castle Rock
    Posts
    3,254

    Default

    Quote Originally Posted by Circuits View Post
    CBI doesn't record any "from" field, which means the FFL was for some reason getting chatty on the phone instead of just submitting the transfer electronically?

    The transfer should go through like any other private party transfer, and CBI won't know or care if your FFL doesn't call it in and say something stupid.

    This^^^^ Just come see me.. Should have brought it the other day when you came by.
    Last edited by 10mm-man; 09-13-2013 at 23:55.

  9. #9
    Machine Gunner
    Join Date
    Mar 2013
    Location
    Highlands Ranch
    Posts
    1,947

    Default

    Thanks all. I think he was trying to make sure he was doing it correctly since he hadn't done a transfer from an individual to a trust owned by the same person since the new laws.

  10. #10
    Guest
    Join Date
    Mar 2012
    Location
    Castle Rock
    Posts
    3,254

    Default

    Quote Originally Posted by Eric P View Post
    So I just setup a trust for the purpose of purchasing suppressors since Douglas Co sheriff will not sign of on NFA items. I also intend to build a SBR.

    I went to a local Class 3 dealer to transfer a non-NFA receiver from me to the trust so I could start the process of getting the SBR tax stamp...

    The CBI would not/could not do the background check since the firearm was being transferred from me to me. They would not/could not do the check since the feds don't require background checks for this type of transfer. The CBI said they need to check with the Attorney General before proceeding.

    Has anyone tried doing this since the new law was enacted? If so where did you have it done?


    Thanks

    I know, I know, should of done it before July 1...
    Realy? I don't see an issue with it. Maybe I am missing something here.
    Last edited by 10mm-man; 09-13-2013 at 23:56.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •