It appears that the ATF has entered politics. While there is no cost to continue and not make any changes to a website, there is surly a cost to change a website and post a message stating that a service has been suspended. Perhaps someone at the ATF volunteered their…
Last week many people in the industry met in Washington DC to discuss issues and concerns with 41P. Besides discussing what happened leading up to 41P, the main topic of discussion was regarding that 41P this was a legal issue within rulemaking and that inappropriate or inaccurate responses could cause…
We just posted a page https://www.guntrustlawyer.com/form5.html on completing an ATF Form 5 (5320.5). Remember a Form 5 is used for a tax-free transfer to a lawful heir. If you own NFA firearms individually, you can give your lawful heir the choice of taking the item individually, in trust, or as…
While close to 400 applications have been received by the ATF 95 of them have been posted on the regulations.gov website, where you can file a public comment. If you would like to file a comment, you can review other comments and post your own online at http://www.regulations.gov/#!docketDetail;D=ATF-2013-0001 It is…
Comments from our clients and others who will be affected by the proposed changes to the ATF will be important. Remember there is little to be gained by rushing to file comments or filing comments that do not raise an issue supported by facts. Take some time to understand the…
If you have been thinking of buying an SBR, now is the time to do it before the ATF changes the CLEO requirements. On Monday September 9th ATF will be publishing proposed changes to the CLEO requirements for Gun Trusts and changes are expected after the expiration of the 90…
Here is a Link to the proposed changes that is expected to be published for comment on 9/9/2013. We will be updating this blog on this topic later this weekend. If you would like to compare it to the original posting that can be found here
Over the last week, we have had many people asking as series of questions. The have primarily been questions like the following What is status of my current Gun Trust? Is ATF eliminating Gun Trusts? What would happened to my current Form 1 and Form 4 applications that are in…
Joshua Prince with the Firearms Industry Consulting Group has declared September 3rd the National Firearms Act Day of Reckoning in response to the recent proposal by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) to implement Chief Law Enforcement Officer (CLEO) signatures for fictitious entity applicants, as well as,…
It seems that there has been a lot written about the NFATCA recently because of the recent proposed changes to the way NFATCA wants to deal with Trusts and define responsible parties. While it is clear that the NFATCA did not request the changes that have been proposed, it might…