HB 23-1230 aka "Assault weapons" ban

[3beansalad]

I'm in the process of finding somebody new since the person who did my NFA Trust isn't doing it anymore.

I had a very nice conversation with a well regarded trust attorney in Golden (if you know, you know,) about a trust. He raised several concerns for me. Would a revocable trust survive my lifetime? Would an irrevocable one as well? The cost difference between the two is dramatic, and if neither protect firearms for future generations what's the point.
Look forward to seeing what others discover. And hope we do it soon! I'm going to call another attorney that was recommended to me and see what his thoughts are.

[DDT951]

When I have purchased NFA items, the stamps have been issued in the trust name.

However when picking up the items and doing FFL transfer, the 4473 and CBI background were done on a person.

So it seems that the 4473 is separate from trust ownership.

The current pistol brace free registration, say that to register free through a trust, ownership by the trust must be shown to have ownership prior to the publishing date of rule.

[Bailey Guns]

What a convoluted pain in the ass...

[eddiememphis]

Are they gonna ban my thumb and belt loop?

If it will save one life? Yes.

[MED]

I had a very nice conversation with a well regarded trust attorney in Golden (if you know, you know,) about a trust. He raised several concerns for me. Would a revocable trust survive my lifetime? Would an irrevocable one as well? The cost difference between the two is dramatic, and if neither protect firearms for future generations what's the point.
Look forward to seeing what others discover. And hope we do it soon! I'm going to call another attorney that was recommended to me and see what his thoughts are.

I was talking to a friend who knows a lot more about this than I do. My NFA firearms trust that I currently have is a revocable trust. Upon my death, all property I assigned to the trust must be dispersed to my beneficiaries, and they will need to follow whatever state and federal laws are on the books for each item. He mentioned ATF Form 5, which is a one time free estate transfer for the beneficiary of an NFA item named in the trust. This obviously won't protect future generations as you mentioned. However, something like it will allow my immediate family members access to my non-NFA firearms while I'm alive, which is what I am looking into right now. The reason I'm looking at a second one is that the stupid rule to include all co-trustees for NFA purchases makes using a trust a PITA so I don't have any on it right now until I'm done buying my suppressors, and then I'll put my son on it. I want to be able to appoint co-trustees for all my semi-autos so I'm going to create a different one for that.

The irrevocable trust divests your ownership of the asset with those named on the trust and does protect property, but you lose control over the asset. This will protect the assets, and the trust does not dissolve upon your death. I have no idea what the rules are for putting firearms as assets into this type of trust, which is possibly different than the forms I fill out to put them into the one I have.

[MED]

What a convoluted pain in the ass...

That pretty much sums up all interaction with government; the only purpose government serves is to make people's lives difficult.

[brutal]

When I have purchased NFA items, the stamps have been issued in the trust name.

However when picking up the items and doing FFL transfer, the 4473 and CBI background were done on a person.

So it seems that the 4473 is separate from trust ownership.

The current pistol brace free registration, say that to register free through a trust, ownership by the trust must be shown to have ownership prior to the publishing date of rule.

My one and only pistol lower that used to have a brace (blade) was purchased on my NFA trust in 2015 and has been on the schedule A submitted to AFT multiple times since. I just need to drag the wife over to a kiosk for prints to submit my existing draft form1 on it for a free stamp. Already have many SBR, what's one more?

[GeorgeandSugar]

I am out of here again. Left. Came back and already looking to depart again.


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[kidicarus13]

Crime statistics related to failure to perform a BGC and large capacity magazines:

 Unlawful manufacture, import, purchase, sale, and transfer of assault weapons. This bill creates the new offense of unlawful manufacture, import, purchase, sale, and transfer of assault weapons, a class 2 misdemeanor. To form an estimate on the prevalence of this new offense, the fiscal note analyzed the existing offense of failure to perform a background check during a private firearm transfer as a comparable crime. From FY 2019-20 to FY 2021-22, 19 offenders have been sentenced and convicted for this existing offense, or about 7 per year. Of the persons convicted, 16 were male and 3 were female. Demographically, 14 were White, 4 were Black/African American, and 1 was Hispanic.

 Unlawful possession of rapid-trigger activators. This bill creates the new offense of unlawful possession of rapid-fire trigger activators, a class 2 misdemeanor. To form an estimate on the prevalence of this new offense, the fiscal note analyzed the existing offense of unlawful sale, transfer, or possession of a large-capacity magazine?not including charges for possession of a large-capacity magazine during commission of a crime?as a comparable crime. From FY 2019-20 to FY 2021-22, 80 offenders have been sentenced and convicted for this existing offense, or about 27 per year. Of the persons convicted, 76 were male, 3 were female, and 1 was unknown. Demographically, 45 were White, 31 were Black/African American, 1 was Hispanic, 2 were Asian, and 1 was unknown.

[brutal]

Crime statistics related to failure to perform a BGC and large capacity magazines:

 Unlawful manufacture, import, purchase, sale, and transfer of assault weapons. This bill creates the new offense of unlawful manufacture, import, purchase, sale, and transfer of assault weapons, a class 2 misdemeanor. To form an estimate on the prevalence of this new offense, the fiscal note analyzed the existing offense of failure to perform a background check during a private firearm transfer as a comparable crime. From FY 2019-20 to FY 2021-22, 19 offenders have been sentenced and convicted for this existing offense, or about 7 per year. Of the persons convicted, 16 were male and 3 were female. Demographically, 14 were White, 4 were Black/African American, and 1 was Hispanic.

 Unlawful possession of rapid-trigger activators. This bill creates the new offense of unlawful possession of rapid-fire trigger activators, a class 2 misdemeanor. To form an estimate on the prevalence of this new offense, the fiscal note analyzed the existing offense of unlawful sale, transfer, or possession of a large-capacity magazine?not including charges for possession of a large-capacity magazine during commission of a crime?as a comparable crime. From FY 2019-20 to FY 2021-22, 80 offenders have been sentenced and convicted for this existing offense, or about 27 per year. Of the persons convicted, 76 were male, 3 were female, and 1 was unknown. Demographically, 45 were White, 31 were Black/African American, 1 was Hispanic, 2 were Asian, and 1 was unknown.

So the dindu nuffins mag possession in Denver is the basis for banning binary/FRT. FFS.