A suppressor that I ordered 6 weeks ago arrived at my SOT on July 13th. Neither one of us are 100% sure how to deal with the new Form 4. I register all of my NFA items to my Trust which has been in existence for over 4.5 years. The Trust is set up to handle my entire estate and is not just a "gun trust." I am the Grantor and the sole Trustee. Do I now need to submit a photo as well as a finger print card when these are sent to the ATF?

I do, however, have a successor trustee and beneficiaries.

Yes you do

Do I also have to fill out a Form 5320.23?

BimotaBiker wrote:Do I also have to fill out a Form 5320.23?

All new rules apply now.

Uggh, worst date ever for it to arrive. Guess you're one of the first guinea pigs for the new process.

If you really don't feel like doing prints and photos for everyone you could file as an individual

I think that's the way I'll go this time around. Looks like filing as an individual will be quite a bit easier.

BimotaBiker wrote:I think that's the way I'll go this time around. Looks like filing as an individual will be quite a bit easier.

Create a new trust with no co-trustees, one photo, and a set of FPs. Once approved, amend the trust to add whoever you desire as co-trustees. Rinse and repeat for more toys...

AlabamaPaul wrote:

BimotaBiker wrote:I think that's the way I'll go this time around. Looks like filing as an individual will be quite a bit easier.

Create a new trust with no co-trustees, one photo, and a set of FPs. Once approved, amend the trust to add whoever you desire as co-trustees. Rinse and repeat for more toys...

I could do just that, but what benefit does it provide? The primary reason that many utilized trusts were to avoid the local law enforcement signature (as well as the photo and fingerprint cards). Now that the Transferee is only required to notify local law enforcement, my trust does little or nothing to benefit me. Or am I missing something?

BimotaBiker wrote:

AlabamaPaul wrote:

BimotaBiker wrote:I think that's the way I'll go this time around. Looks like filing as an individual will be quite a bit easier.

Create a new trust with no co-trustees, one photo, and a set of FPs. Once approved, amend the trust to add whoever you desire as co-trustees. Rinse and repeat for more toys...

I could do just that, but what benefit does it provide? The primary reason that many utilized trusts were to avoid the local law enforcement signature (as well as the photo and fingerprint cards). Now that the Transferee is only required to notify local law enforcement, my trust does little or nothing to benefit me. Or am I missing something?

I would allow you to add other users (co-trustees) after approval and keep the items out of probate upon your demise.

Quote: I would allow you to add other users (co-trustees) after approval and keep the items out of probate upon your demise.

My father passed seven years ago and also had a trust which included successor trustees and beneficiaries and we still ended up in probate. His estate is just now being brought to a conclusion.