Armory Sponsor
Posted: 4/26/2010 5:54:53 PM EDT
|
I already have five form 1s approved using a lawyer drafted trust
the trust is named "hellbound trust" but at places through out the document is referred to as "the hellbound trust" the form 1s all say "hellbound trust" my dealer filled out my form 4's for me and used "the hellbound trust". He told me that is how they do all the paperwork for trusts and I shouldn't be concerned and that they've always been approved. I'm worried about consistency. Will this be a problem? I get the impression the dealer doesn't want to fill out the form 4s again. I don't think white out is acceptable but I don't want to sign these if they aren't valid or will cause me issues in the future especially since I am taking advantage of the gemtax promo |
| PA Trust law would say that you are fine; the problem arises where trust law intersects the NFA. Because all transfers/makings are registered in the NFRTR, the name becomes very important, especially given the limitations of the search parameters that can be used in searching the NFRTR. If the ATF searches without the "the", only any firearm registered to the "hellbound trust" will show. If the ATF searches "the hellbound trust", only any firearm registered to "the hellbound trust" will show. Get the dealer to fix the forms. You or your Trustees don't want to have the headaches of dealing with this in the future. |
Armory Sponsor