@Aszerigan makes the suppressor purchase / tax stamp application process almost too easy. While you items are in jail, he will even allow you to make conjugal visits at his range.
I chose to go the Trust route and used Marc Halata to set it up. Again, a process that is almost too easy.
Adding items to the Trust is as simple as updating your Schedule A which lists all the items in the Trust. You cannot add NFA items to this schedule until you have the tax stamp for that item.
My understanding of adding Trustees to the Trust requires amending the Trust, having it signed and notarized, and submitting fingerprints for the new Trustees, then waiting for the all clear before the new Trustees can use the stuff in the Trust. Also, any new items added must include fingerprints for all Trustees. Marc Halata prepares any Trust amendments as part of the cost you pay to him to set up the original Trust.
Successor Trustees can also be added (or removed) by amending the Trust. These people (this person) is responsible for executing the distribution of Trust items upon the death of the Trustee. They do not need to provide fingerprints.
Beneficiaries are the people who the Trustee wants to inherit the stuff in the Trust. Beneficiaries can be added (or removed) by amending the Trust.
The whole idea behind the Trust is that NFA items can be passed down to the beneficiaries without having to pay for another tax stamp. All they need to do is submit fingerprints and wait for the all clear.
Yeah, a whole lot of legal mumbo jumbo just to save some money in the future. Also, time is apparently added to the review process ... @jagee and I submitted paperwork in the same time frame for the same can ... his has been approved and I'm waiting to hear back.
Hopefully get to work there.
