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Gun Trust Transfers

Desert Eagle - GunGun owners in the process of moving while completing a Form 4 or Form 1 can face problems with transferring their guns to their new residence in a different state. It is important to note that these problems will not arise if the individual is moving to a new in-state residence. The following circumstances are problems that are related to tax stamps involving gun trusts. 

A gun owner could face problems if he moves to a state where the gun is illegal or if the gun owner lacks the proper qualification to complete the purchase in his previous state. For example, some states require that the person purchasing the item be a resident of that state. This requirement can be circumvented if the purchaser has a co-trustee who still lives within the seller’s state. Even if the purchaser does not have a co-trustee, the ATF may be able to help him with the transfer; however, this is not a reliable solution. It is important to remember, however, that there are some items these rules do not apply to; therefore, even if a purchaser is moving to a different state, he should have no problems buying these types of guns.

See David Goldman, What If I Move Before ATF Approves My Form 4 or Form 1, NFA Gun Trust Lawyer Blog, Apr. 11, 2012. 

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.

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