elwojo
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The DOJ is considering changing the BATFE's rules on trusts. The change would make CLEO, fingerprinting, and background checks MANDATORY if you are listed as a part of a trust. This is a huge change in how the BATFE currently handles trusts - and we need to speak out against it NOW!!
PUT YOUR COMMENTS HERE!! Comments close up December 9th!!
The regulation is on the ATF website. Search for 41P - a few links down and you get this which leads to this:
I am surprised I haven't heard about this here yet, and this has serious implications for a lot of NFA trust people. I'd love to get Rusty Shackleford's opinion on this as well as any other lawyer person...
PUT YOUR COMMENTS HERE!! Comments close up December 9th!!
The regulation is on the ATF website. Search for 41P - a few links down and you get this which leads to this:
SUMMARY: The Department of Justice proposes amending Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) regulations that concern the making or transferring of a firearm under the National Firearms Act (NFA). The proposed changes include: Defining the term “responsible person,” as used in reference to a trust, partnership, association, company, or corporation; requiring “responsible persons” of such legal entities to submit, inter alia, photographs and fingerprints, as well as a law enforcement certificate, when the legal entity files an application to make an NFA firearm or is listed as the transferee on an application to transfer an NFA firearm; modifying the information required in a law enforcement certificate, so that the certificate no longer requires a statement from the certifying official that he or she has no information indicating that the maker or transferee of the NFA firearm will use the firearm for other than lawful purposes; and adding a new section to ATF's regulations to address the possession and transfer of firearms registered to a decedent. The new section would clarify that the executor, administrator, personal representative, or other person authorized under state law to dispose of property in an estate may possess a firearm registered to a decedent during the term of probate without such possession being treated as a “transfer” under the NFA. It also would specify that the transfer of the firearm to any beneficiary of the estate may be made on a tax-exempt basis.
I am surprised I haven't heard about this here yet, and this has serious implications for a lot of NFA trust people. I'd love to get Rusty Shackleford's opinion on this as well as any other lawyer person...