Category Archives: Form 5

Do I need a Form 20 or a Form 5 when sending in my NFA item for gunsmithing?

Question: Do I need ATF approval before delivering or shipping an NFA firearm to a gunsmith for repair, refinishing, customization, evaluation, or other gunsmithing work? Short answer: A Form 5 generally is not required, although ATF recommends it as an … Continue reading

Posted in AOW, ATF, BATFE, Firearms Industry, Form 20, Form 5, Gunsmithing, Shipping Firearms, Short Barreled Rifles, Short Barreled Shotguns | Comments Off on Do I need a Form 20 or a Form 5 when sending in my NFA item for gunsmithing?

Selling an NFA Item as Executor of an Estate

The vast majority of my clients own their NFA items in an NFA Trust so that they get the dual benefits of sharing the items while they are alive and probate-avoidance when they pass away.  However, I occasionally get a … Continue reading

Posted in ATF, BATFE, Estate Planning, Federal Law, Form 4, Form 5, Inheriting Firearms, NFA Transfers, NFA Trusts, Private Sales, Tax Stamp | Tagged , | Comments Off on Selling an NFA Item as Executor of an Estate

The ATF has finally posted updated guidance on 41F

We have been waiting for final guidance and approved forms from the ATF on the 41F implementation for some time and they have finally posted an update on their website which includes links to the new forms. Much of what they … Continue reading

Posted in 41F, 41P, ATF, BATFE, CLEO Notification, eForms, Form 1, Form 23, Form 4, Form 5, NFA Transfers, NFA Trusts | Comments Off on The ATF has finally posted updated guidance on 41F

We have another eForms update

Today the ATF announced that more forms are being returned to eForms over the next month. But … before you ask … Forms 3 and 4 are NOT included in the list. Perhaps most useful to NFA owners, Form 5 is … Continue reading

Posted in ATF, BATFE, eForms, Form 4, Form 5, NFA Trusts | Comments Off on We have another eForms update

At what age may I make or acquire NFA items?

This is a question that seems to arise at least once a week as I am speaking with clients and I think it would be beneficial to do a complete breakdown of the topic. For purposes of our analysis we … Continue reading

Posted in Age To Possess, ATF, ATF Guidance Letters, BATFE, Form 1, Form 4, Form 5, NFA Trusts | Comments Off on At what age may I make or acquire NFA items?