Armory Sponsor
Posted: 12/7/2011 7:04:05 AM EDT
OK, I've Trust for years but when I created the Trust I made a dumb mistake and registered w/ my whole name + wife's name.
I remember reading somewhere "it's always a good idea to register your whole name in case some LEO...bar bar bar".... 
So, to make a long story short my current trust name is like "John Preston Goodman & Janet Annabelle Goodman Revocable Living Trust" + "Atlanta, GA".... Now try to engrave that sh** on your beloved receiver. What's my option? I've multiple full-auto under this trust. Should I send a official letter to ATF for asking name change? I like it as short as possible... perhaps tree letter abbraviation like, "JPG Trust, Atlanta, GA." Anyone done this before? Or should I create a entire new separate living trust? is it possible to have multiple living trust? 
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You can have as many trusts as you want. You can't change the name of an existing trust.
I just got my prepared, and the lawyer wanted to name it the "FredMan MiddleName LastName and Wife MiddleName Lastname Revocable Trust"; I put the kibosh on that, asking how the hell I was going to get that engraved on a lower. The final name is "myinitials-herinitials Trust", 10 letters including spaces. I'd suggest you get a new trust with a more reasonable name and then transfer into that. |
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So no DBA type of renaming is allowed?
The sad part is that I sent the SBR form about three months ago not realizing that I could create another trust.
How can you transfer my current NFA items from old trust to new trust? Do I have to report the change to ATF? Any thoughts? 
Quoted:
You can have as many trusts as you want. You can't change the name of an existing trust. I just got my prepared, and the lawyer wanted to name it the "FredMan MiddleName LastName and Wife MiddleName Lastname Revocable Trust"; I put the kibosh on that, asking how the hell I was going to get that engraved on a lower. The final name is "myinitials-herinitials Trust", 10 letters including spaces. I'd suggest you get a new trust with a more reasonable name and then transfer into that. |
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Quoted:
So no DBA type of renaming is allowed? The sad part is that I sent the SBR form about three months ago not realizing that I could create another trust.
How can you transfer my current NFA items from old trust to new trust? Do I have to report the change to ATF? Any thoughts?
Quoted:
You can have as many trusts as you want. You can't change the name of an existing trust. I just got my prepared, and the lawyer wanted to name it the "FredMan MiddleName LastName and Wife MiddleName Lastname Revocable Trust"; I put the kibosh on that, asking how the hell I was going to get that engraved on a lower. The final name is "myinitials-herinitials Trust", 10 letters including spaces. I'd suggest you get a new trust with a more reasonable name and then transfer into that. A transfer from one trust to another requires a $200 tax stamp and will transfer on a Form 4. |
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