Category Archives: BATFE

ATF releases current processing times for applications

ATF’s Office of Enforcement Programs and Services has posted a chart showing processing times  for certain submitted documents or forms. The current chart contains data through December 2013 and they do not make it clear whether data from the eForms … Continue reading

Posted in ATF, BATFE, eForms, Form 1, Form 4, Form 5, Processing Times | Comments Off on ATF releases current processing times for applications

May I abbreviate my trust name when I engrave an SBR?

Recently a client called me to ask if he could abbreviate his trust name when he engraved an SBR. As one might expect in the Google age, prior to calling me he had searched on the internet and, based upon … Continue reading

Posted in ATF, BATFE, Engraving, Form 1, Manufacturing, NFA Trusts, SBR, Short Barreled Rifles, Short Barreled Shotguns | Comments Off on May I abbreviate my trust name when I engrave an SBR?

Will my beneficiaries have to pay a transfer tax when my NFA trust distributes my assets?

The short answer is “No. At least not currently.”  But that qualifier is an important part of the answer. Currently the ATF allows transfers of NFA items to devisees, heirs, or specified beneficiaries to be tax-free via a Form 5. The … Continue reading

Posted in ATF, BATFE, Estate Planning, Form 5, NFA Trusts | Comments Off on Will my beneficiaries have to pay a transfer tax when my NFA trust distributes my assets?

We have an update on the ATF’s proposed NFA trust rule changes

Last week, the board of the American Silencer Association (ASA) met with the NFA branch to get an update on the status of the proposed rule change regarding the use of trusts to acquire NFA items. As you may recall, the … Continue reading

Posted in 41P, ATF, BATFE, Form 1, Form 4, Machine Guns, NFA Trusts, Regulatory Rulemaking, SBR, Short Barreled Rifles, Short Barreled Shotguns | Comments Off on We have an update on the ATF’s proposed NFA trust rule changes

Can I change the name of my NFA trust?

Recently I was contacted by a client who had, in years past, used a software package to make his own NFA trust. He had successfully registered several suppressors using the trust but had run into trouble when he decided that … Continue reading

Posted in ATF, BATFE, Form 1, NFA Trusts, SBR | Comments Off on Can I change the name of my NFA trust?