Funding your NFA purchases.

[husky390]

Do any of you with Trusts have a checking account in the Trusts name? If so, who are you using? Bellco Credit Union denied me so it?s time to find a 2a friendly bank or CU.


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[kidicarus13]

Do any of you with Trusts have a checking account in the Trusts name? If so, who are you using? Bellco Credit Union denied me so it?s time to find a 2a friendly bank or CU.


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Curious, what's the purpose? It's not necessary to purchase firearms or tax stamps with an account in the name of the trust.

[Wolfshoon]

My trust from a lawyer (Douglas Turner, in Genessee) came with a couple of pages set up just for bank accounts or other institutions (certification of trust). It establishes the credibility / legitimacy of the trust without a detailed description of what the trust does, exactly for the situation you ran into. IIRC it is only two pages and I was able to open a checking account for NFA purchase without any woke oversight or the credit union / bank having any idea what it is for.

[brutal]

Never needed it. As a trustee you're acting on behalf of the trust and your checking account, CC, etc. is suitable for payment.

Per "Rodney's Trust" instructions, I do complete a "Use Certification" letter that's signed by me as trustee, scanned for records, and a copy given to the FFL for NFA purchases. Likely, it ends up in the trash after I walk out the door.

[husky390]

My trust from a lawyer (Douglas Turner, in Genessee) came with a couple of pages set up just for bank accounts or other institutions (certification of trust). It establishes the credibility / legitimacy of the trust without a detailed description of what the trust does, exactly for the situation you ran into. IIRC it is only two pages and I was able to open a checking account for NFA purchase without any woke oversight or the credit union / bank having any idea what it is for.

That?s what I needed, thanks.


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