Robert K. Merting - Attorney at Law
Trust Your Guns: A firearms, business, and ITAR knowledgeable law practice
General information on the NFA.
Schedule A, Schedule of Assets, Assignment Sheet. This document goes by many names, but what is it? Colloquially, it is most commonly referred to as “Schedule A” and basically lists what is owned by a trust. The Schedule of Assets, often abbreviated as “Schedule A”, is a list of all property owned by a trust. Read More …
There has been a lot of talk at the office about what the release of the final rule in ATF-41P means for current Trusts. Between the confusion, half truths, and rumors we’ve heard it all. After reviewing the entire finale rule (including comment responses) there are a few things worth sharing. Trusts are Here to Read More …
Gun trusts provide their owners with all sorts of benefits. The most well known relate to the purchase and possession of NFA firearms, such as eliminating the need for a CLEO sign off or allowing multiple people to possess firearms on behalf of the trust. However, there are many more benefits a gun owner can obtain Read More …
For those of you who have followed the ATF 41-P proposed rule you know that the ATF is considering requiring additional paperwork and documentation supporting Form 4 and Form 1 applications for entity submittals. Specifically, all “responsible persons” will be required to submit fingerprint cards, pictures, and a chief law enforcement officer (CLEO) sign off. Read More …
Owners of registered firearms commonly ask about their duty to update paperwork and notify the ATF if they move. While there is some disagreement about the extent of the duty to notify the ATF, it is clear the ATF has been charged by Congress to keep a list of registered firearms including their location. 26 U.S.C. Read More …