Trusts Offer a Legal Loophole for Buying Restricted Guns

[Billybob]

[A growing number of shooting enthusiasts are creating legal trusts to acquire machine guns, silencers or other items whose sale is restricted by federal law — a mechanism that bypasses the need to obtain law enforcement approval or even undergo criminal background checks...]

http://www.nytimes.com/2013/02/26/u...l-loophole-for-restricted-firearms.html?_r=1&

 

[grizzly97]

Wow...just wow...

 

[okiebryan]

The derp in that article is only surpassed by the comments.

 

[tb556]

The derp in that article is only surpassed by the comments.

I was about to say the same thing, except "derp" is a far better word than I would have used.

 

[uncle money bags]

I didnt get that memo. Surely they could have found the time to send it during the six months I waited for the probe to be removed.

 

[TerryMiller]

I think I would want an attorney of my choosing to check that one out. For some reason, it sounds fishy...

...like the NYT putting out bait to catch gun owners with full auto weapons when the trust might not really work as the article states.

 

[Buzzgun]

I didn't read the article, but there is nothing fishy about buying NFA firearms through a Trust. Perfectly legal.

I have heard it claimed by some that trusts allow purchases by people who can't legally own the item purchased. Purchasing a firearm through a Trust does not change the legality of owning or possessing said firearm, if you are a prohibited person and are in possession, you are violating the law, regardless of how you obtained it.

 

[sjr13]

I have considered expanding to offer trusts for clients in the next year or so. Hopefully I will get the chance.