ar10ar15man
Well-Known Member
to be clear.....not for a prior trust.
Each "responsible party" of a trust must now have a bg check and fp cards, benificiaries that have no control of the trust do not but all trustees would be considered "responsible parties" , the rules for trusts changed back in July of 2016--- lots of people submitted for a form 1/trust just before the new law, it took some people 18 months to get their stamp
As far as wait on a form 1, I think they take just about as long as a form 4-- look at nfatracker website, form 1 individual paper is about 180 days, f1 trust paper is 200, form 1 Corp/llx paper over 400 days.
Form 4s- paper are 225-275 days to clear
If you want to try to get one fast--- try submitting your form 1 as an e-file--- they just started accepting e-file form 1s again ( found on eforms.atf.gov) -- NFA tracker has a few under this bit since they just restarted this program non have cleared yet.