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There's generally no need for your gun trust to reference or recognize another existing trust. Similarly, there's generally no need for your existing trusts to be modified to reference or recognize your existing trusts. I use the word "generally", because it's always possible, but I've never...

Yes, that is fine. But the scenario implies that the two settlors (the people who are setting up the trust) may have conflicting interests. You'll want to discuss this with your gun trust lawyer to avoid complications down the road.

Here's a list I compiled of Maine NFA dealers. I hope to prepare one for New Hampshire, Massachusetts, and Vermont at some point.

View: https://www.youtube.com/watch?v=xUxm1ray8vw&feature=youtu.be&t=29

I've been working on compiling a list of Maine NFA dealers for a while. I just finished tonight. Here it is: Maine SOT / Class 3 Dealers: Buy Silencers & NFA Items - Red Dog Legal

You could also remove the other responsible persons (trustees, settlors, possibly others depending on how your trust was drafted) from the trust by amending it. For those that worked with me to form your gun trust, forms for adding and removing trustees were included with your trust package.

I'm in the process of compiling a list for my website. In the meantime, here's a link for Northern Maine Tactical, a dealer that specializes in machine guns: New Page 1

Hi Bill. I realize this is an old post, but in case you (or others) are still wondering, in order to assign your interest in firearms you own personally to your gun trust, you'll want to use either an assignment page or update your schedule of assets for the trust, depending on what approach...

@Asaltweapon: I sent you a PM.

As far as estate planning specialists are concerned, consider reaching out to Denise McCarthy at Cody, Cody and McCarthy. They have an office in Newton (that's almost Metrowest, right?) Home - Cody, Cody & McCarthy, LLC Also, I see that @eboos has an office in Worcester. I haven't had the...

Yes, you could acquire an NFA item while in your second state of residence (whether or not you use a gun trust). See Instruction # 2 to Form 4473.

For most NFA trusts, you could accomplish this with a short (likely one page) amendment, swapping out or adding the new trustee. Your trust hopefully includes a specific provision on amendments and what's required for one. That would be a starting point, or you could have a lawyer do it for you.

Feel free to PM me with any specific questions.

Sorry I'm just seeing this now. All firearms may be held by my trusts, thereby avoiding probate. Others' trusts may differ, however. Please send me a PM if you have additional questions.

Feel free to send me a PM with any questions. I'm happy to discuss over the phone as well.

Is there any benefit to having a gun trust in MA if there are no NFA items involved? If so, what are they? The primary benefits of using a gun trust for non-NFA firearms are estate and succession planning. How do you put your current (non NFA) firearms into the Trust? It depends on how the...

Unfortunately, what is specifically excluded in the definition is a weapon that is "constructed in a shape that does not resemble a short-barreled rifle", and not an actual "short-barreled rifle", which has all of the other characteristics of a "firearm" under the statute. (The fact that...

My clients have had positive things to say about TD Bank when setting up bank accounts for their NFA trusts. I can't say whether TD Bank would be a good choice for a firearms related business, however. My suggestion would be to avoid BOA.

Here's a useful overview of 41F: https://youtu.be/aS92kUOpn2Q

The execution instructions and user guide provides all of the essential information, but you may send me a PM if you have specific questions. I'd say 50% or less of my clients assign all their firearms to the trust. It all depends on your situation and goals. If you have a will, the benefit...