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Originally Posted by theyallhurt
I'd suggest having a lawyer do this
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Originally Posted by plouffedaddy
+1, at least for your first one.
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The reason I asked. It would probably behoove you to obtain the services of an attorney.
After a lot of digging around, I've never heard of ANYONE getting prosecuted for an invalid trust. However, there are significant legal fees that *might* have to be paid to clean up the mess of an invalid trust. Much easier to spend the money up front on an attorney well versed on NFA issues.
re: plouffedaddy: Getting a trust is a one time deal. Once you have it it's going to be the same one reguardless of how many NFA items you put in it's posession. (I know plouffedaddy already knows this, I just wanted to make it more clear for someone just getting into the NFA Game.)