Trust pays for Tax Stamp?

[SCC]

Does the trust have to have a bank account to pay for the $200 stamp or can I send in a personal check with the Form 4 and trust paper work? Thanks.

[JVC]

Ask NFATrustGuy, he set up mine.

[ChrisC]

You can send a personal check, there is no need to have a separate bank account for the trust. NFATrustGuy did my personal trust as well, he is great to work with.

[SCC]

Right on. Thanks for the answer. How about this one. I saw on a different forum that you need to send in a:

Fill out Certificate of Compliance (Citizenship Form).
- Found here: http://www.atf.gov/forms/pdfs/f533020.pdf

Anyone ever heard of this?

[ChrisC]

Yep I have heard of it but had never submitted a Certificate of Complaince with Form 4 that was transferring to a Trust so I spoke to the NFA Branch about it a couple of weeks ago just to verify and they said no certificate of Complaince is needed with a Trust.

It is needed for a Form 4 transfer to an individual.

[Great-Kazoo]

Yep I have heard of it but had never submitted a Certificate of Complaince with Form 4 that was transferring to a Trust so I spoke to the NFA Branch about it a couple of weeks ago just to verify and they said no certificate of Complaince is needed with a Trust.

It is needed for a Form 4 transfer to an individual.

You already had approval on the F4 transferring to the F1 / trust a compliance was not necessary. Anytime you submit a New application you need to include the citizenship 5330.20. That is as of today per ATF and after anothe rboard member reminding me prior to mailign off. ATf concurred. . Either way anytime you submit a F1 or F4 incl the 5330.20. they have it, you don't need to receive a letter telling you it was not included and delaying your approval another 2-3 weeks.

[ChrisC]

Jim,
I will call the BATFE again in the morning to verify but 2 weeks ago when I called the examiner said no Certificate of Compliance was needed for a transfer to a trust whether it was a new trust or not. Although, you are right it can not hurt to include one.

[Great-Kazoo]

Jim,
I will call the BATFE again in the morning to verify but 2 weeks ago when I called the examiner said no Certificate of Compliance was needed for a transfer to a trust whether it was a new trust or not. Although, you are right it can not hurt to include one.

You might be confusing Transfer, with a new Application. The 3 i sent in were not transfers but new applications / Form 1's. Again we could both call and receive 3 different answers. Considering all the paperwork i sent in, 1 more makes no difference on my end.

[ChrisC]

The OP was asking about a Form 4 so that is what I responding to. The BATFE giving out contradicting information, never

[asmo]

From my personal experience:

If the trust pays the $200 (from an account that says the Trust's name on it) then you don't need to send a schedule A
If someone other than the trust pays the $200 (cashiers check, personal check, etc.) then you need to send a schedule A

Had someone at the ATF confirm this for me once. The schedule A is to prove that the trust is actually funded. If you use a check in the trust's name it does the same thing.