Dealer’s Free NFA Trust is Invalid

Attorney David Goldman recently posted an article, Free NFA Trust Form for Class 3, Title II purchases, about a dealer who was offering a free NFA trusts with purchase of a NFA firearm. As Attorney Goldman discusses in his article, the trust was blatantly invalid. The invalidity of the trust could subject the trust assets to forfeiture and the grantor/trustee(s) subject to violating the NFA with penalties of up to 10 years and $250,000. Here is a copy of the Invalid NFA Trust. Because attorney Goldman has done such a great job at blogging about this issue, I would refer you to his post (see link above) for a more in-depth review.

This really underscores the need for individuals to have PROPERlegal advice when setting up a trust.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s