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"Trust" issues...

Discussion in 'Gun Control' started by SiNNiK, Jan 24, 2022.

  1. SiNNiK

    SiNNiK Well-Known Member

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    After my Father's death, I've become the trustee of his Trust.

    What kind of trust do I need to get a class III item?
     
    SiNNiK, Jan 24, 2022
    #1
  2. TOG 6

    TOG 6 Well-Known Member

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    Does he have class-III weapons in his estate?
     
    Last edited: Jan 25, 2022
    TOG 6, Jan 25, 2022
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  3. Rucker61

    Rucker61 Well-Known Member

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    Rucker61, Jan 25, 2022
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  4. Well Bonded

    Well Bonded Well-Known Member Past Donor

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    They are two different types of trusts.

    A NFA trust is like having having a corporation holding the NFA tax which allows anyone in the trust to have access to the NFA firearms.

    A NFA formed without a trust limits the firearm to the person who paid the tax, which can create problems if that person pass's and wills the firearm(s) to another.
     
    Well Bonded, Jan 25, 2022
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  5. SiNNiK

    SiNNiK Well-Known Member

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    No.
     
    SiNNiK, Jan 25, 2022
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  6. SiNNiK

    SiNNiK Well-Known Member

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    Good to know. Thanks
     
    SiNNiK, Jan 25, 2022
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  7. AARguy

    AARguy Banned

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    A Class three license requires an extended background check much like a SECRET security clearance and about a year to process it. Then,of course, it requires cash too.
     
    AARguy, Jan 30, 2022
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  8. SiNNiK

    SiNNiK Well-Known Member

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    I already have a few intensive background checks for work and stuff. I got time. And sometimes I have money too. It's all good.
     
    SiNNiK, Jan 30, 2022
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  9. Rucker61

    Rucker61 Well-Known Member

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    No, it doesn't require a secret security level backgound check. It uses a NICS check. I've had Firm 1s approved in 21 days just last year.
     
    Rucker61, Jan 30, 2022
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  10. AARguy

    AARguy Banned

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    A Class III license requires a LOT more than a NICS check. I said SIMILAR.... SIMILAR..... SIMILAR to a SECRET security clearance check is required.
     
    AARguy, Jan 31, 2022
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  11. Rucker61

    Rucker61 Well-Known Member

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    Are you talking about a license to sell them or to own them?
     
    Rucker61, Jan 31, 2022
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