Trust and how it works

mgdan

New Member
May 24, 2008
10
1
Okla and Bangkok Thailand
All,
For those who have used this method to aquire an Title III firearm, can you please explain.
Once I have made the first transfer on a turst, Do I have to fill out all the trust docs again for the next tranfer/purchase or do you just add the firearm to the Trust. Please advise? How does it work.
Thanks
Mgdan
 

ducksps

Active Member
Mar 3, 2008
332
16
Austin, Houston
The trust becomes an entity which owns the firearms. The items will need to be added the schedule A of your trust as they are purchased.

One trust can own many items but with each new purchase you will need to resubmit a copy of the original paperwork.
 

Cyfer

Active Member
May 29, 2008
497
16
TEXAS
How would you go about adding additional informatoin to the trust after you add a new NFA item. I believe toward the end of the trust, it lists the items that is held by the trust. Can you just edit the document and have it renotorized?
 

Joat

Active Member
Apr 28, 2008
379
18
Kenefick, TX
If I understand it correctly, The inventory sheet is an appendix to the trust documents and any new acquisitions are simply added, with no other requirements for notarization.

Joat
 

Madhouse

Active Member
Mar 17, 2008
378
16
Houston, TX
The items are listed on Scedule A and that's the only part of the trust you change, no need to have the trust re-notarized as the trust itself is not changed.
 

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