While at the NRA Firearms Law Seminar in Nashville, ATF ‘s attorney William Ryan made some interesting comments about the ATF, NFA, GCA and Gun Trusts: A trust can be a beneficiary of a will or other trust and obtain a tax free transfer using a Form 5 if the…
Great news! The ASA is reporting that the time to process a Form 4 with a Gun Trust has continued to decrease and looks like the time will continue to decrease. Less than a year ago the average wait time was in excess of 12 months. A few months ago…
Late in 2013, the ATF published a notice that they intended to seek to revise the regulations regarding the documentation that is required for a Gun Trust and for a business. After the ATF received more than 9500 comments on the proposed changes, the ATF had originally announced that a…
One of the most common questions Class 3 SOT Dealers ask has finally been addressed by the ATF and should help clear the inconsistent answers given by local ATF offices. Is a NICS check required when a Gun Trust is used to purchase firearms that are subject to the NFA?…
The Americans Opposed to ATF 41P reported today that the American Silencer Association has talks with the ATF during the Shot Show where the ATF stated that they never anticipated the number of comments to 41P that they received and only had one person working part-time on addressing the comments.…
We work with more than 20 lawyers in Texas to provide Gun Trusts to their clients. As of this month Gun Trust Lawyer® David Goldman has been licensed in Texas. Texas is one of the biggest markets for NFA Trusts and Gun Trusts. Because of this we have seen many…
While the NRA’s comment is only 17 pages it incorporates many comments and references many including mine. On page one of the NRA’s comment they state Many Hundreds of comments already published in opposition to 41P exhaustively catalog its various problems and potential for absurd consequences. For example, a comment…
While ATF could change, what is published, they have updated their Unified Agenda Statement for 41P to show that Final Action is not expected until June of 2014. This date could continue to roll forward or with enough political pressure the date could be moved up. The June date should…
Joshua Prince and Tom Odom have put together over 400 pages of comments and exhibits. Below are the broad topics that their extensive comment covers. If you enjoy reading about the Second Amendment, you will enjoy the extensive research and history that is included in this document. Joshua said they…
The NFATCA has posted a comment to 41p, requested a hearing and has some unusual arguments claiming must of the proposals and even some of the current procedure is not authorized by congress. IN addition, they have an interesting Legal Memorandum prepared by Stephen Halbrook that’s worth taking a look…