SilencerCo Announces $130 Gun Trust Via New EasyTrust Service

By Woody published on in News

Depending on jurisdiction, a gun trust may eliminate certain NFA item pre-purchase requirements, including, for now, written approval from a local CLEO and submission of buyer photographs and fingerprints.

Utah-based firearm-suppressor manufacturer SilencerCo announced the debut of its EasyTrust service, which creates a legally valid gun trust for $129.99.

SilencerCo banner ad for its new EasyTrust NFA service

SilencerCo announced the debut of its EasyTrust service, creating a legally valid gun trust for $129.99.

According to the company, the online service removes several steps in the process of purchasing silencers and other items regulated by the National Firearms Act (NFA), while also protecting the rights of individuals, families and groups to own, transfer and possess NFA-regulated firearms.

SilencerCo says the EasyTrust has been prepared by qualified legal counsel and is valid in all 50 states. Among the benefits of a gun trust is the elimination of certain NFA item pre-purchase requirements, including, for now, written approval from a local chief law enforcement officer and submission of buyer photographs and fingerprints.

“Since we entered the sound suppression business a few years ago, we have constantly looked for ways to provide products and services that make more people aware you can buy silencers, and that make the purchasing process easier,” said SilencerCo CEO Joshua Waldron.

“With EasyTrust, we offer an affordable 50-state-legal solution proven to work for NFA purposes, while helping to minimize the burden on the purchaser of our products.”

A properly prepared gun trust has significant advantages for gun owners. It enables the use of NFA-regulated firearms among family members and trust members, protects against potential future regulatory restrictions, and provides for the orderly transition of ownership upon death.

It also protects future generations against prosecution or seizure, should ownership pass to family members inadvertently or without full knowledge of legal requirements.

To get a look at the process, log on to the SilencerCo EasyTrust web page. If you decide to go forward, the completed trust and supporting documentation—how to make the trust legal in the chosen state—will then be sent via email as a PDF.

Ratification of the form varies in complexity from state to state, ranging between a simple notarized signature to registration at the Grantor’s respective courthouse. NFA item mandates still apply, including a $200 federal tax stamp, paperwork processing period and possible background check.

 

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Comments (20)

  • Daniel Larsen

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    Larsen NFA Trust is signed, notarized in the State of Montana. What is the proper ratification process?

    Reply

  • Matthew Valentino

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    One thing that I find important is that NFA items cannot be legally passed down to your heirs like a privately owned firearm. In order to be legal, new owners would need to reapply for the tax stamp and submit the required paperwork to the BATFE. A trust can be configured to bypass this and give the person of your choice ownership of the trust.

    Reply

  • Tim

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    Appreciate the insight Don. Will do further reading on their site.
    Tim

    Reply

  • Bill in Florida

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    Is there a limit to how many NFA items can be purchased under a trust?

    Reply

    • Don

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      If there is, nobody I know has reached it. You can apply for as many NFA items as you want, you just have to pay the fee and wait for the approval for each item. The ATF has just rolled out an electronic site so now you can apply online instead of the old snail mail way of the past which is speeding up the process.

      Reply

  • Jon

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    Think the general concept sounds good, but would like to get a better idea what is involved in the ratification process (Oregon).

    Reply

  • Matthew Valentino

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    Personally I would make sure all the correct information is entered into the trust agreement, which in my case meant a phone interview with an attorney who specializes in firearm trusts. There are some important considerations such as who has access to your guns (your wife) and if they are included in the trust. Also who would inherit the trust upon your death and who would have temporary possession should your heirs be under legal age. Ask about anything you’re unsure about.
    That being said, I think trusts are one more way of securing your “guaranteed 2nd amendment rights” in this questionable time. Anything you can do to make it more difficult for the gun grabbers is better for us in the long run.

    Reply

  • ss1

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    I’m really confused by this concept, at least the way it was written here. I don’t care about all the family member/ownership/trust topics. But I’d like someone to spell out in simple terms how this company can help me acquire silencers easier.

    Reply

    • G-Man

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      @ss1:

      I am really short on time, and providing a hasty response so I will probably be taken apart by future commenters but…

      The way I’ve had it explained is that a Trust should be viewed similar to the same purpose of a corporation. That being, it limits liability by becoming a single entity as if it were one person, but really has thousands of people that make up the whole company. If the company is sued and found liable for some wrong doing, only the corporation can lose money and assets and not the individuals that actually make up the corporation.

      Well a Trust is somewhat the same in that you create a single Trust just once, but it can represent you all of your family members and even non-family members as if they were a single entity. So now you have your trust purchase all your NFA weapons or accessories instead of you as an individual. Anyone listed under the Trust can use anything the Trust owns.

      So whereas normally you would have to be present any time a family member went shooting with your silencer, but with a Trust they can take the silencer or automatic weapon or whatever by themselves because they are authorized under the Trust to have it as well.

      The cost savings is assumed when you consider large families of traditional gun enthusiasts that no longer will have to go get their own tax stamps and their own silencers etc. Also, you can designate a Trust representative once and only have then get fingerprinted and processed which also saves time and money. And because a Trust can’t get a background check, it does not require the chief LEO’s approval letter each and every time you make a purchase.

      Finally, transferring weapons and NFA goodies down through generations upon a death is so easy with a Trust. I hope this helped.

      Reply

    • Don

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      G-Man, I just went through the trust process and it’s very simple and easy. With a trust you ARE NOT REQUIRED at any time to get fingerprinted, this is one of the great advantages of a trust.

      Another advantage to a trust is that when you name others in the trust, they not only have the advantage of being able to use the items in the trust but they are also allowed to store and transport the items in the trust. So if something ever happened to you, say you were called off to fight in a war, the others in your trust have the legal ability to handle and store the items.

      And then finally… The trust allows you to pass down the items in the trust to others without having to go through the courts and paying taxes on the items if you were to die for any reason…

      Reply

    • G-Man

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      @ Don:

      Thanks for sharing. Do you mind revealing which state you obtained your Trust in? I’m asking because each state’s rules on Trusts can be executed differently to varying degrees. For example: Obviously your state’s version of this type of Trust does not require fingerprinting, whereas other state’s Trust rules do.

      Reply

    • Don

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      Nope, not at all G-Man. I got mine for TN.

      Reply

    • G-Man

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      @ss1:

      Er uhm… in addition to what I wrote below (or above, who knows on this site) the hasty part also included me reading your question improperly. I went back over it and realized most of what I told you was what you didn’t care to know. Sorry.

      For an individual that maybe wants to test-drive a silencer for the sake of ownership, say just once in their life, then maybe a Trust is not really a consideration that will make NFA regulated purchases any easier on you.

      Now for someone that has a sheriff that just refuses to sign their authorization letter, as a Trustee, you can now tell that sheriff to get bent. To me that may be worth the cost of a Trust… even if used only once.

      It’s more tailored for the enthusiast that tends to purchase NFA regulated accessories often, thus making it more worth it. So most of what I said generally is a treat for families of gun enthusiasts that make repetitive NFA purchases.

      Reply

    • ss1

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      @G-Man: Thanks much for taking the time to explain. After reading, I don’t think this concept is for me at this point in time. Hey BTW, I read about your wife’s job on the other forum. Good luck to her in her career.

      Reply

    • G-Man

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      Thanks. She is enjoying her new-found time off, but maybe a bit too much and it worries me. I’ve been politely reminding her that if she decides to stay out of the job market, which we can afford to do, however it will completely alter our retirement schedule. Oh well, such is life.

      Reply

  • G-Man

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    The SilencerCo EasyTrust link in the article is broken. I get a CTD 404 Page not found. The correct link is:

    https://www.silencerco.com/nfa-trust/

    Also, while this may be informative to others that were unaware one could even have a trust for their special guns and NFA controlled devices, there are already hundreds of sites out there offering guaranteed trusts for as low as $79 bucks.

    Reply

    • Dave Dolbee

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      Thanks for the heads up G-Man. We got the link fixed. ~Dave Dolbee

      Reply

    • Tim

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      Don

      Do you mind sharing the cost of a trust from Arsenal Attorneys? Nice website.
      Thanks
      Tim

      Reply

    • Don

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      Tim,

      It’s like most things, they have varying package levels that you can do through them. You can get a bare bones basic package or you can do as I did and get a couple of upgrades. Their bare bones package, “The Basic Arsenal Gun Trust” runs $189.00. I ended up spending a little over $300 bucks in total for the package I got. My nephew turned me on to Arsenal Attorneys, that is who he went through in Missouri. I did a lot of looking before I went with them, they have excellent reviews.

      Reply

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