Thinking of creating NFA Trust

[The Annoyed Man]

Rather than take the chance of not doing it right, I used the firm of Toronjo & Prosser, who do a ton of gun trusts: http://www.t-plaw.com/nfa-trusts.html

They start with a basic form, and you kick it around with them until you've got what you want. I made one or two minor changes to their basic document. I just got my final product from them today, and will be notarizing it in the next few days. I included my wife, son, and daughter in law as Trustees, and as Beneficiaries, with me as the Settlor-Trustee.

The process was pain free. The cost is $250 for a single generation trust and $300 for a multigenerational trust, less a 10% discount to NRA members....which we all are. So for $270, I have a professionally handledr multigenerational NFA trust written by knowledgeable and experienced people.

Now to shop for a suppressor.....

[Wes]

I used Christopher Bass from The Bass Firm. He is located in Irving. I found him on AR15.com when I was searching. I was going to go with Sean Cody but a few emails and phone calls leaving messages to his place with my questions went unanswered, I decided to find someone else. Chris answered all my questions and helped me a great deal. I had him set me up with a trust 3 years ago and I needed to make a couple changes a few months ago and he was still able to help me, free of charge.

Use this link to find a gun trust lawyer
http://www.silencershop.com/gun-trust-l ... s-updated/" onclick="window.open(this.href);return false;

Same here, he was very helpful and answered several emails worth of questions before I even chose him. I looked for many months before choosing a lawyer and looked at the diy route, but ultimately paid for help because I didn't want to risk it. Risk being denied and waiting longer than I already had to, risk of possibly getting in trouble if my paperwork was ever questioned, risk of losing my newly acquired parts even, etc. NFA items are not cheap typically, the trust cost was small in the grand scheme of things.

[rockinar]

I set one up with Jim Willi in Austin. It was simple and painless. Called him, answered a few questions, paid by credit card over the phone, he emails you the forms, done. All instructions are crystal clear. I set it up 5 months ago in May, and 5 months later I have my tax stamp.


If you want an NFA item, I would just do it. Not panic, but get it done soon.

[rockinar]

Quicken Willmaker is $8 if you buy an old version online. Or download it for "free."

Terrible idea. Get an attorney and do it right, and do it right the 1st time. NFA stuff is not cheap. Why go cheap on the legal process of it? I have heard of some DIY trusts getting rejected to boot and the folks had to suck it up and go to an attorney in the end anyway. Its only like $300.

[The Annoyed Man]

Quicken Willmaker is $8 if you buy an old version online. Or download it for "free."

Terrible idea. Get an attorney and do it right, and do it right the 1st time. NFA stuff is not cheap. Why go cheap on the legal process of it? I have heard of some DIY trusts getting rejected to boot and the folks had to suck it up and go to an attorney in the end anyway. Its only like $300.

$300 less an NRA discount, if you use the firm I used, but you're spot on. The old adage, "the attorney who represents himself has a fool for a client", wasn't made up out of whole cloth........but at least that fool is an attorney. If you're NOT an attorney, handling your own legal matters is just asking for trouble. I'm like the last person to idolize attorneys, but I DO know what I don't know. I wouldn't perform my own appendectomy using a surgery textbook as my guide either.

The cost of the trust is a tiny fraction of the value of the items you'll put into it. Don't penny-wise and pound-foolish......to borrow from that famous cheapskate, Ben Franklin.