NFA (National Firearms Act) Trusts

Thompson1928
A National Firearms Trust (NFA) is an entity designed to own Class 3* items for its beneficiary, sovaldi who usually also serves as Trustee.  The trusts provide for transfer or sale of its Class 3 contents upon death or disability of the beneficiary.  It has the side benefit of not requiring fingerprints, photographs and law enforcement signature, because it is an entity rather than an individual.

Mr. Eakin, an estate planning attorney, as well as a Class 3 dealer provides NFA Trusts for Virginia residents.  He charges $300 for the service.  Contact him through www.rvalaw.com or call (540) 345-1000 for a checklist.

*Currently, Class 3 items are machineguns, rifles with barrels less than 16″, shotguns with barrels less than 18″, sound suppressors, and miscellaneous other weapons like rifles of more than 50 caliber, handgrenades, grenade launchers and various destructive devices.  There are legislative proposals to add over 100 semi-automatic rifles to the Class 3 category.

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