Gun Trusts - Everything you need to know in 6 minutes

Eric with Black Flag Armory answers your top questions about NFA gun trusts. This video covers everything you need to know to make the best decision for your suppressor purchase and get started today!
We answer;
What exactly is a gun trust?
Are gun trusts worth it?
Does the ATF have to approve my gun trust?
Why should you set up a gun trust?
What should you name your gun trust?
How many people can be on my gun trust?
and more!
We recommend setting up your NFA gun trust through National Gun Trusts. We have been customers of theirs and have been recommending them for years. They are the go-to option to make your NFA Gun Trust foolproof.
Get Started here: www.nationalguntrusts.com/?re...
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[@user-fy6ne2pu1v]

Great concise summation Eric. Something to keep in mind when naming your trust, is that if SBR's are in your future, you are required to engrave your trusts name on your SBR (if you put it together yourself [form 1]). So a really long name can be a disadvantage.

[@BlackFlagArmory]

True, but if you pick that name right, it could also be hilarious to see on your gun each time, haha

[@NationalGunTrusts]

Great video! Very well explained, great job Eric.

[@REF49]

Thanks, best explanation anywhere!

[@klc1975]

Good stuff, Eric-thanks!

[@BlackFlagArmory]

Thanks for watching!

[@evayluismendoza4222]

what do you recommend? i want to get a gun trust and dont have an NFA item, but would build one later one. should i get a gun trust now? or wait to when i buy or build an NFA item?

[@joescopo8933]

If you acquire a title 2 weapon (NFA item) as an individual, then later on decide to transfer that item into a trust, you would need to fill out a form 4 and pay the $200 tax again. So you're better off getting a trust setup first, then going through the ATF background check. That way, you only pay the tax once.

[@lmichel75]

When creating a gun trust with intention to name family members and beneficiaries, does it have to be created by any specialized lawyer?

[@BlackFlagArmory]

No, any attorney has the ability to create the trust. Whether or not they have experience with them is another matter.

[@brendanstauffer3634]

What if you sbr a rifle then a year down the road you decide to do a gun trust, can you add the gun to the trust?

[@waynewilhelm1199]

I believe you do have to do an additional transfer via form 4 and pay the $200 tax stamp to transfer it from individual to the trust

[@BlackFlagArmory]

Yep, already answered here, but that is correct. You can transfer it into the trust without ever giving up possession of the item, but it will cost you another $200 tax stamp to do that.

[@genehinders9639]

Would you suggest just using the Trust for NFA items or all rifles and handguns one may own?

[@REF49]

Just NFA

[@DJKittrell]

You can put everything in it. If you have a sizable collection or high value items it ensures those go to the right people without any hassle and they'll never end up in probate.

[@fineartonfire_5327]

“Everything we need to know”….I still have no idea how to type out a trust!!

[@grimstar8402]

Basically get a lawyer to protect your items from the government, and if you can’t find a lawyer they’re suggesting an online source.

[@dustink843]

Also means if you get divorced she can take it