SENATE'S GUN CONTROL READING * LIVE

[MAP]

Thanks for not taking me too seriously, I'm mostly thinking hypothetically. This one just gets to me since my husband travels for longer than 72 hours at a time and I would hate to become a criminal without meaning to. It's for the children, after all!

A solution may be to put all of your firearms in a Trust so that you and your husband have equal access.

Mike

[XC700116]

A solution may be to put all of your firearms in a Trust so that you and your husband have equal access.

Mike

It needs to be done before it goes into effect, because the trust transfer is killed in an amendment to the bill.

[th3w01f]

It needs to be done before it goes into effect, because the trust transfer is killed in an amendment to the bill.

This looks like the trust portion. Does this mean that my 6 and 9 year olds will have to do background check when transferring firearms into the trust since they're the beneficiaries?

(b) AS USED IN THIS SECTION, UNLESS THE CONTEXT REQUIRES
17 OTHERWISE, "TRANSFEREE" MEANS A PERSON WHO DESIRES TO RECEIVE OR
18 ACQUIRE A FIREARM FROM A TRANSFEROR. IF A TRANSFEREE IS NOT A
19 NATURAL PERSON BUT A CORPORATION, ASSOCIATION, PARTNERSHIP, OR
20 LIMITED LIABILITY COMPANY OR TRUST, THE REQUIREMENT DESCRIBED IN
21 THIS SUBSECTION (1) SHALL BE INTERPRETED TO REQUIRE A BACKGROUND
22 CHECK OF EACH MEMBER, PARTNER, OFFICER, OR OTHER PERSON WHO
23 HOLDS A BENEFICIAL INTEREST IN THE CORPORATION, ASSOCIATION,
24 PARTNERSHIP, OR LIMITED LIABILITY COMPANY OR TRUST.

[XC700116]

This looks like the trust portion. Does this mean that my 6 and 9 year olds will have to do background check when transferring firearms into the trust since they're the beneficiaries?

(b) AS USED IN THIS SECTION, UNLESS THE CONTEXT REQUIRES
17 OTHERWISE, "TRANSFEREE" MEANS A PERSON WHO DESIRES TO RECEIVE OR
18 ACQUIRE A FIREARM FROM A TRANSFEROR. IF A TRANSFEREE IS NOT A
19 NATURAL PERSON BUT A CORPORATION, ASSOCIATION, PARTNERSHIP, OR
20 LIMITED LIABILITY COMPANY OR TRUST, THE REQUIREMENT DESCRIBED IN
21 THIS SUBSECTION (1) SHALL BE INTERPRETED TO REQUIRE A BACKGROUND
22 CHECK OF EACH MEMBER, PARTNER, OFFICER, OR OTHER PERSON WHO
23 HOLDS A BENEFICIAL INTEREST IN THE CORPORATION, ASSOCIATION,
24 PARTNERSHIP, OR LIMITED LIABILITY COMPANY OR TRUST.

Most likely since they are not old enough to own firearms, you can't even buy them with the trust until they are old enough, because yes, the way the text of the bill is written, they'd need a BGC and Fed/CBI will deny them due to age.

[th3w01f]

Most likely since they are not old enough to own firearms, you can't even buy them with the trust until they are old enough, because yes, the way the text of the bill is written, they'd need a BGC and Fed/CBI will deny them due to age.

OK, that really makes things a mess since I'm waiting on 2 NFA items that will not be here before 7/1.

[XC700116]

OK, that really makes things a mess since I'm waiting on 2 NFA items that will not be here before 7/1.

Honestly, I'd talk to a lawyer. Here's what I'm kinda thinking, either create a second trust for everything not NFA and move it there now with their names on it, and then use your current one for the new items and remove their names from it with say just your wifes on it (so she'll pass the BGC) and then when they are old enough add them as trustees. Granted if you both are killed in a plane crash the NFA stuff is lost, but it might be the best work around for now.

But here's the question and some here may be able to answer it, currently, do you have to do a CBI BGC/4473 on NFA items, once you're approved by ATF?

I haven't actually gone through the process yet as I was waiting for this shit to get sorted out before hand as I didn't want to get hung up in the middle of the process with a law change.

[th3w01f]

Honestly, I'd talk to a lawyer. Here's what I'm kinda thinking, either create a second trust for everything not NFA and move it there now with their names on it, and then use your current one for the new items and remove their names from it with say just your wifes on it (so she'll pass the BGC) and then when they are old enough add them as trustees. Granted if you both are killed in a plane crash the NFA stuff is lost, but it might be the best work around for now.

Emails already off to NFATrustguy.

[th3w01f]

But here's the question and some here may be able to answer it, currently, do you have to do a CBI BGC/4473 on NFA items, once you're approved by ATF?

I've been told by 2 Class 3 dealers that a 4473 is needed when picking up the approved item. These are my first so I can't say for sure but they probably know what they're doing.

[MAP]

It needs to be done before it goes into effect, because the trust transfer is killed in an amendment to the bill.

True.