Originally Posted by CampingJosh
Huh? I've never heard that before.
It's my understanding that NFA trusts are just like other trusts. If the trust is set up so that the grantor has the authority to change trustees (which is normal for a revocable trust), why can't the trustee change? Amend the trust, and it's done.
Do you have an ATF ruling to back your claim? I'm confused, because that's the exact opposite of how trusts normally work.
That is why they are called NFA trusts and not trusts. NFA items are not NORMAL either in regulation or logic. Feel free to call the ATF and ask them or any lawyer who deals with them.