Someone with more knowledge than I have will be around shortly to correct any errors in what I am posting.Can NFA items previously acquired as an individual be transferred to a new NFA trust upon the creation of the trust?
Correct.Someone with more knowledge than I have will be around shortly to correct any errors in what I am posting.
It is my understanding that yes an NFA item that I own as an individual can be transferred to my NFA trust but I will need to pay a $200 per item for a new tax stamp to do it.