NFA Trust Moving out of State Question
NFA Trust Moving out of State Question
I have two items being put on a Trust (SBR and Suppressor). I currently live in Ohio, but in the next six months will be moving to Louisiana. What do I need to do to stay legal. Thank you
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- Silent But Deadly
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I believe BATFE Form 5320.20goteron wrote:Thank goodness for this forum. To get a letter across state lines, do I just have to submit it in writing to the NFA branch?
That is NOT true. It depends on the new state's trust laws and whether they will acknowledge the validity of the other state's trust. Moreover, even if they are willing to acknowledge it, there may be different requirements, such as filing, or notarizing specific parts that you previously did not have to do in your former state.aquajon wrote:Trusts transcend state lines.
A legal trust created in Ohio is still valid in other states. Assuming of course the new state allows NFA items that is.
The trust is still legal in the state of origin so it doesnt matter where the trustee lives. The trustee does not own the item. The trust does. As long as the item in question is legal in the state the trustee is moving to he can bring the item with. Its still covered under the originating states trust laws. More items would need a new trust in the new state in accordance with that states laws.
Putting the laughter in manslaughter
goteron wrote:Thanks for the responses. I will be moving every few years, so this is going to get annoying making a new trust every time. Once I settle down, can I create a final trust and transfer everything to that. I assume I will be paying for the stamps though. Thanks again for the help.
You would probably have to transfer everything to a dealer in the originating state who would then have to transfer it to a dealer in your new state who could transfer the items to the new consolidated trust. $400 in tax per item plus dealer fees. Having several trusts isnt going to hurt you.
Putting the laughter in manslaughter
You may be able to keep the one trust in the original state. I would consult a trust-estate specialist. The Trust can change it's address and not need to be closed, but only amended.
Signing cans in and out will cost a LOT of $. So keep the original trust. Amend the address .... Just check the legal requirements It may be simple or it may be hard. Pick your states carefully if you can.
Signing cans in and out will cost a LOT of $. So keep the original trust. Amend the address .... Just check the legal requirements It may be simple or it may be hard. Pick your states carefully if you can.
Long distance, the next best thing to being there!
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- Silent But Deadly
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- Joined: Wed Dec 24, 2008 6:30 pm
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Why go through a dealer?YugoRPK wrote:You would probably have to transfer everything to a dealer in the originating state who would then have to transfer it to a dealer in your new state who could transfer the items to the new consolidated trust. $400 in tax per item plus dealer fees. Having several trusts isnt going to hurt you.
File a 5320.20 where the item will not return to its original location; change of address to your current state and then you wouldn't need to do an interstate transfer.
Do a form 4 from one trust to the other, for $200, and then all your items could be in a single trust and stay in your possession the entire time.
I do agree that having several trust probably isn't going to hurt you, but if I was in this situation I'd consult an attorney to be sure.
I emailed an NFA Trust atty, here is his response:
"LA has very different trust laws that the rest of the United States and most trusts are not valid in LA. If you want we amend and restate your trust with a valid LA trust which deals with the unique aspects of NFA firearms ownership, possession, use, and transfer."
His fee is somewhat high, but I will probably have him look at and ammend it anyway. Even though I will probably only be in LA for a few years before somewhere else...
"LA has very different trust laws that the rest of the United States and most trusts are not valid in LA. If you want we amend and restate your trust with a valid LA trust which deals with the unique aspects of NFA firearms ownership, possession, use, and transfer."
His fee is somewhat high, but I will probably have him look at and ammend it anyway. Even though I will probably only be in LA for a few years before somewhere else...
Just what I was saying, you amend the trust and then there is not transfer.. you just make the trust "fit" the CA requirements. You can continue to amend the trust as you move from state to state... if you HAVE to.goteron wrote:I emailed an NFA Trust atty, here is his response:
"LA has very different trust laws that the rest of the United States and most trusts are not valid in LA. If you want we amend and restate your trust with a valid LA trust which deals with the unique aspects of NFA firearms ownership, possession, use, and transfer."
His fee is somewhat high, but I will probably have him look at and ammend it anyway. Even though I will probably only be in LA for a few years before somewhere else...
The beauty of the "trust" route. IMHO
Long distance, the next best thing to being there!
Re: NFA Trust Moving out of State Question
I know it's been a while since the last post, but I got to the point where I am picking up and moving... I am done with my 5320.20 for my SBR, however what do I put down for the full name space? The name of my NFA Revocable Living Trust or my name? Any help apreciated!!!
Noveske Light Recce/AAC M4-2000 mod 08
Noveske 7.5" Diplomat VLTOR MUR upper
LWRCi 10.5" Gas Piston Upper
Walther P22/TAC Quest
H&K Tactical Compact .45/AAC Evolution 45
H&K P2000 .40 Duty
KEL-TEC SU22 Semi Auto .22 rifle/threaded
Next project: Auto rifle
-------------------------------------------------------
Just some guy trying to make a difference...
Noveske 7.5" Diplomat VLTOR MUR upper
LWRCi 10.5" Gas Piston Upper
Walther P22/TAC Quest
H&K Tactical Compact .45/AAC Evolution 45
H&K P2000 .40 Duty
KEL-TEC SU22 Semi Auto .22 rifle/threaded
Next project: Auto rifle
-------------------------------------------------------
Just some guy trying to make a difference...
Re: NFA Trust Moving out of State Question
In Box 1 you put the name of the registered owner, in this case your trust.Matyoka wrote:I know it's been a while since the last post, but I got to the point where I am picking up and moving... I am done with my 5320.20 for my SBR, however what do I put down for the full name space? The name of my NFA Revocable Living Trust or my name? Any help apreciated!!!
Re: NFA Trust Moving out of State Question
Thanks a lot brother, all done ready to be mailed!!!
Noveske Light Recce/AAC M4-2000 mod 08
Noveske 7.5" Diplomat VLTOR MUR upper
LWRCi 10.5" Gas Piston Upper
Walther P22/TAC Quest
H&K Tactical Compact .45/AAC Evolution 45
H&K P2000 .40 Duty
KEL-TEC SU22 Semi Auto .22 rifle/threaded
Next project: Auto rifle
-------------------------------------------------------
Just some guy trying to make a difference...
Noveske 7.5" Diplomat VLTOR MUR upper
LWRCi 10.5" Gas Piston Upper
Walther P22/TAC Quest
H&K Tactical Compact .45/AAC Evolution 45
H&K P2000 .40 Duty
KEL-TEC SU22 Semi Auto .22 rifle/threaded
Next project: Auto rifle
-------------------------------------------------------
Just some guy trying to make a difference...