I did not know it could be done with a single-member Texas LLC. Thanks for relating your experience.ScottDLS wrote:(Backstory and good information)
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Return to “Question on NFA Trust signature”
- Thu May 05, 2016 12:33 pm
- Forum: General Gun, Shooting & Equipment Discussion
- Topic: Question on NFA Trust signature
- Replies: 15
- Views: 2850
Re: Question on NFA Trust signature
- Thu May 05, 2016 7:34 am
- Forum: General Gun, Shooting & Equipment Discussion
- Topic: Question on NFA Trust signature
- Replies: 15
- Views: 2850
Re: Question on NFA Trust signature
Scott, could you elaborate a little more on the LLC? I'm leaning this way over a trust.ScottDLS wrote:BATFE doesn't care unless you move to another state, however you may want to speak to your trust attorney about other reasons to update the trust. Mostly I suppose the Trustee should be notified, unless it's a self settled and revocable trust in which case you'd likely notify yourself.dhoobler wrote:Relating to NFA trusts, when one moves, must you have a lawyer amend the trust with the new address, or can you just report your new address to the BATFE?
I really think a LLC is easier in the long run as an entity for holding NFA firearms. It's a little more expensive to create one and there are very minimal annual filing requirements, but is considerably more flexible than a trust.