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I can't say that I have had any experience with 199Trust, but I have been pleased with the work done by Northwest Law Group. For a variety of reasons, we went with the Silver Trust, but they do have a simplified version (Bronze) for much less cost.
199 Trust worked great. Painless and easy.
The only other advantage is that trustees may posses the item without you present, like if you need to use the restroom while shooting
Just seeing if anyone has used this site. I'm looking at setting up an NFA Trust and want to do this the simplest way possible. If not this site, what does anyone suggest?
There really is less advantage to going with a trust vs individual now, unless you are thinking of inheritance/estate type of uses.
The only other advantage is that trustees may posses the item without you present, like if you need to use the restroom while shooting.
I doubt I will do any more NFA stuff but if I did in the future I would simply run it as an individual. Fewer fingerprints and photos and less hassle as an individual.
Thank you all. Time for me to consult a competent NFA lawyer who also knows about NFA trusts. My understanding right now is that I may have some BATFE and other legal exposure regarding my very small NFA collection. Time to change the will.
Can anyone recommend a good attorney? The usual one hour pay rate would apply. A good phone call could clear things up for me. One hundred questions for sure.