Is it possible to get a full auto preban gun. I have heard you need a class III license, but how do I get that?
Also how much does one cost?
Also how much does one cost?
And live in one of the 37 states that allows them. Mustn't forget that.The link Shooter provided is all the info you need.
To own a full auto gun, US citizens just need money, time, and a clean background.
Oh course! How did I forget?And live in one of the 37 states that allows them. Mustn't forget that.
I buy 5.56 by the case 1000 rounds can go pretty fast. I use the 22 upper on my m16 allot and that is much cheaper. 1000 rounds of 5.56 about 400 bucks 100 rounds of 22lr 40 bucks.Don't forget, you need ammo too. Lots of ammo. And something to wipe the big big grin off your face.
i have one too. watch at Davidautofull@youtube. i reload 556 by the 1000s.I buy 5.56 by the case 1000 rounds can go pretty fast. I use the 22 upper on my m16 allot and that is much cheaper. 1000 rounds of 5.56 about 400 bucks 100 rounds of 22lr 40 bucks.
Here is a vid of me dumping 50 rounds of 22lr in the back yard. Time it then see how long it woudl take to fire off 1000 rounds. The rifle does have a suppressor on it so it runs faster. Cyclic rate goes up when you use a suppressor due to back pressure.
Used to work for a Class 3, but that was an awful long time ago, so please forgive my ignorance. What's an NFA Trust?NFA trust. This also removes the requirement for fingerprint cards pictures and Local LE sign off.
Well your you-tube vid ran for all of 6 seconds. You can burn up a lot of 22 ammo at that rate.I buy 5.56 by the case 100 rounds can go pretty fast. I use the 22 upper on my m16 allot and that is much cheaper. 1000 rounds of 5.56 about 400 bucks 100 rounds of 22lr 40 bucks.
Here is a vid of me dumping 50 rounds of 22lr in the back yard. Time it then see how long it woudl take to fire off 1000 rounds. The rifle does have a suppressor on it so it runs faster. Cyclic rate goes up when you use a suppressor due to back pressure.
As I understand it, a trust was a way to get around the CLEO sign-off, because there are (hard as this might be to believe) SOME COPS out there that don't believe that law-abiding citizens should own machineguns.Used to work for a Class 3, but that was an awful long time ago, so please forgive my ignorance. What's an NFA Trust?
Not quite right.So you set up a trust, and the Trust owns the machinegun. With a Trust there is no CLEO signature, there are no pictures or fingerprints.
If you own a machinegun, and want to let your buddy Frank go shoot it, you gotta go with him. If you just hand it to him, saying, "Here. Go play. Bring it back when you're done", you've made an illegal transfer of an NFA item. But if Frank is listed on the Trust documents, it's just as much his as it is yours, and he can go play with it whether you are there are not.
When you croak, the guns get held up while the court plays with your will, before it/they can be transferred to your beneficiary. If your kid is part of the trust, the gun(s) can go straight to him. I'm not sure if new paperwork has to be made, taking your name off the Trust, since you are now dead, but the kid has the gun(s) without going through probate. And since it did not go through probate, there is no official court record, somewhere, saying that young Tommy Jones now owns three machineguns. Yes, they know that at the ATF, but they don't know it at the local courthouse, where any bored clerk thumbing through the files could find it.
As I say, that's the way I UNDERSTAND it to work (I could be completely wrong). None of my stuff was done with a Trust. Both sheriffs I've had dealings with have not had any problems with signing off.
A NFA trust does not go on in perpetuity. ONLY the co OWNERS IE trustees at the time the trust is FORMED are owners you can NOT ADD TRUSTEES you can add beneficiaries though. When the ORIGINAL trustees die the trust is done. You can not pass the trust on to your kids or anyone else the trust is only in effect as long as there is one ORIGINAL trustee left.But you don't really have to do anything to keep a trust in effect perpetually
Correct. But you took my quote out of context.A NFA trust does not go on in perpetuity.
Huh? I've never heard that before.ONLY the co OWNERS IE trustees at the time the trust is FORMED are owners you can NOT ADD TRUSTEES you can add beneficiaries though. When the ORIGINAL trustees die the trust is done. You can not pass the trust on to your kids or anyone else the trust is only in effect as long as there is one ORIGINAL trustee left.
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.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.
I don't like it when people have more ammo then me... LOLYep, lots of ammo. 1000 rounds won't last very long.
An NFA trust is just a trust that holds NFA items. The trust is the owner. But it's still just a trust. It can own a silencer, a machine gun, 500 acres of farmland, and a cruise ship. Still just a trust.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.
Again your trying to use logic. The links you give do not mention a NFA trust. ALL and I mean EVERY legal NFA item must be registered and sale approved by the ATF. If we where to apply your logic then person gets a NFA trust buys 10 NFA items. That person dies we just add a new name to the NFA trust before death then he/ she gets the items as the trust in your mind is still valid. So this would mean there would be way of knowing who had the items. Does this sound like something the ATF is going to allow? Following your thinking one could keep a NFA trust going forever by just changing the name at the top. Never doing a transfer of any type? Or what if they SELL the NFA trust. You can sell a irrevocable or revocable trust to another person. If this was allowed with a NFA trust the ATF would loose track of every NFA item and every dealer would place every item in a trust as doing so would negate the sale all further tax stamps on already existing NFA items especially big ticket MG's. You feel free to try any of this let me know how far you get.An NFA trust is just a trust that holds NFA items. The trust is the owner. But it's still just a trust. It can own a silencer, a machine gun, 500 acres of farmland, and a cruise ship. Still just a trust.
The trust is created, and all the terms of the trust defined, before the trust owns any NFA items. The stuff the trust owns can't change the terms of the trust.
Indiana law specifies that the settlor has the authority to amend or revoke a trust unless that trust expressly provides that the trust is irrevocable. The naming of trustee(s) is part of the trust, and therefore the trustee(s) can be amended. (IC 30-4-3-1.5)
So please, if you have an ATF ruling that states differently, share it. Otherwise I'm going to have to believe the law of my state.
There is no such thing as an "NFA trust"! It's just a trust that holds happens NFA items! It's not a magical, different type of legal instrument. You don't need a separate trust to hold NFA items if you're already the trustee for your own trust.Again your trying to use logic. The links you give do not mention a NFA trust. ALL and I mean EVERY legal NFA item must be registered and sale approved by the ATF. If we where to apply your logic then person gets a NFA trust buys 10 NFA items. That person dies we just add a new name to the NFA trust before death then he/ she gets the items as the trust in your mind is still valid. So this would mean there would be way of knowing who had the items. Does this sound like something the ATF is going to allow? Following your thinking one could keep a NFA trust going forever by just changing the name at the top. Never doing a transfer of any type? Or what if they SELL the NFA trust. You can sell a irrevocable or revocable trust to another person. If this was allowed with a NFA trust the ATF would loose track of every NFA item and every dealer would place every item in a trust as doing so would negate the sale all further tax stamps on already existing NFA items especially big ticket MG's. You feel free to try any of this let me know how far you get.
I am not sure I can elaborate further. Also you may want to know there are REVOCABLE and IRREVOCABLE trusts. The former ( what most NFA trust are ) is basically nothing more then a will. If you find a lawyer who tells you he can make a NFA go forever by changing the name or a way to sell the trust with all it's contents please let me know there is a fortune to be made doing so.There is no such thing as an "NFA trust"! It's just a trust that holds happens NFA items! It's not a magical, different type of legal instrument. You don't need a separate trust to hold NFA items if you're already the trustee for your own trust.
The part of a trust that can't be changed is the grantor/settlor, the person who funds it initially. When that person dies, the trust become irrevocable (if not already) and the stuff in the trust does whatever the trust says, often moving on to the named beneficiary (in the case of NFA items, on a tax-free Form 4).
But the person who is responsible for holding the property of the trust, the trustee, can be changed.
And a trust can be sold, sort of. The beneficiary has a legal stake in the trust that can be sold. But the beneficiary isn't the one who possess the items.
A trustee's position can't be sold by the trustee. It could, I guess, be sold by grantor/settlor, but only an idiot would buy it. The grantor could change the trustee again ten minutes later and keep all the money; the buyer would have no recourse.
I'm asking again, what evidence do you have that trusts holding NFA items act differently than all other legal trusts?
(Note to all Readers: I am not an attorney in any state, and I'm definitely not your attorney. Don't take anything I say as legal or other professional advice.)
Trusts are NOT wills. Different legal instrument for different purposes. Yes, they are both often used for estate planning, but that doesn't make them "basically" the same thing.Also you may want to know there are REVOCABLE and IRREVOCABLE trusts. The former ( what most NFA trust are ) is basically nothing more then a will. If you find a lawyer who tells you he can make a NFA go forever by changing the name or a way to sell the trust with all it's contents please let me know there is a fortune to be made doing so.