If you live in a city in where the Chief law Enforcement Officer (CLEO) will not or easily sign a Form 4, there are several solutions.
Class 3 Weapons include suppressors, , short barrel rifles, machine guns, and other destructive devices.
The most common solution is to create a NFA revocable trust to hold title to the firearm or class 3 items.
What happens when Grandpa needs to go to a nursing home but he owns a Class 3 Firearm?
A Machine gun is a valuable asset and as such can create a problem with eligibility for nursing home care. Many veterans were allowed to keep captured machine guns and they want to pass them down to their children or grandchildren. If that grandparent needs nursing home coverage and they are not married, many states will limit their non-exempt assets to $2000.
Today as machine guns continue to increase in value this can cause a problem for qualifying for Medicaid coverage.
One solution is to sell the machine gun and put the cash into an exempt asset or use it before applying for coverage. When the machine gun is wanted to be kept in the family, it is possible to trade it for an exempt asset like a vehicle.
Violators may be fined up to $250,000, and imprisoned up to 10 years, or both.
In addition, any vessel, vehicle or aircraft used to transport, conceal or possess an unregistered NFA firearm is subject to seizure and forfeiture, as is the weapon itself.
An individual, business, or NFA Firearms trust may not register an unregistered NFA firearm. Only a manufacture, maker, and importer can register a firearm.
Possession of an unregistered NFA firearms is a crime. The ATF states that if you are in possession of a contraband firearm, you should contact the nearest ATF office to arrange for its disposition.
WARNING – although this is the advise of the AFT, they also state that mere possession is unlawful
The Milwaukee Journal Sentinel has an article on an odd application of the NFA and consequences of an improper transfer. This type of result only furthers support that NFA restricted items should be help in a NFA Gun Trust to help avoid invalid transfers.
The US District Judge said that Olofson, knew that the gun fired automatically and gave it to someone else to use on a shooting range. This is a technical violation of the NFA and could have subjected Olofson to 10 years in jail and $250,000 in penalties.
If you want a Silencer, Short barreled Riffle, or Machine gun and want to protect your family and friends from an accidental transfer or a case involving constructive possession, you should Contact Gun Trust Lawyer® to explain the benefits of using a NFA gun Trust.
There are several type of Class 3 items that are restricted by the National Firearms Act.
Each state can impose additional restrictions on the sale, purchase, and transfer of class 3 firearms in addition to the compliance that is required with the national Firearms Act.
In Alabama you can own the following items that are regulated the the National Firearms Act
Machine Guns Silencers Short Barreled Shotguns (SBS) (After 7/5/10)
There are several type of Title II firearms items that are restricted by the National Firearms Act.
Each state can impose additional restrictions on the sale, purchase, and transfer of Title II firearms ( those sold by class 3 FFL dealers) in addition to the compliance that is required with the National Firearms Act.
In Alaska you can own the following items that are regulated the the National Firearms Act
There are several type of Class 3 items that are restricted by the National Firearms Act.
Each state can impose additional restrictions on the sale, purchase, and transfer of class 3 firearms in addition to the compliance that is required with the national Firearms Act.
In Arizona you can own the following items that are regulated the the National Firearms Act
Machine Guns Silencers Any Other Weapon (AOW)
There are several type of Class 3 items that are restricted by the National Firearms Act.
Each state can impose additional restrictions on the sale, purchase, and transfer of class 3 firearms in addition to the compliance that is required with the national Firearms Act.
In Colorado you can own the following items that are regulated the the National Firearms Act
Machine Guns Silencers Any Other Weapon (AOW)
THE NATIONAL FIREARMS ACT
TITLE 26, UNITED STATES CODE, CHAPTER 53 INTERNAL REVENUE CODE
The National Firearms Act (NFA) is part of the Internal Revenue Code of 1986. All administration and enforcement of the Internal Revenue Code, with the exception of the NFA, is by the Secretary of the Treasury. The ATF administration and enforcement was transferred to the Department of Justice under the Homeland Security Act of 2002.
NFA Gun Trust Lawyer Blog