So I've been bit by the .300BLK bug and my goal this year is to build a suppressed SBR. I'm pretty sure the direction I want to go with parts, etc., so I'm not going to get into that. This is about the whole NFA process and the 'gotcha's' to look out for. I know NOTHING about any of this so go gentle - it's my first time...
So getting down to it, I'm debating the individual vs. trust route. Thanks to AZ HB-2535 "Shall Sign" signed into law last July, getting CLEO sign-off really isn't an issue either way.
I am worried about doing it right and not getting caught with my pants down. So here we go...
#1 If I do a personal Form 1 then I am the owner.... end of it. Seems like it would leave my wife/kids in a pretty vulnerable position if I don't keep my SBR and paperwork on my person 100% of the time. In other words... no leaving it at the house in the safe when I'm not there else, my wife (who has access to the safe) is now 'technically' in possession of an SBR that is not hers... BAD BAD BAD BAD BAD! So I'm thinking a trust is a good idea - and it's not about loopholes.
#2 What about the kids? I could go the trust route and my wife would then be covered, but my kids who are under 21 and can't lawfully possess a hand gun would not be eligible to be on the trust and would then find themselves in the same scenario as my wife in #1? Or is having the item secured a fair enough mitigation regardless of it being 'on the premises'
#3 What about constructive possession? If I finally do wind up with a registered and assembled SBR. What about my other AR-15's? Am I technically in possession of parts to build an illegal SBR? IDK? How much effort does it take to swap uppers around? Would I ever do that? HELL NO! I'm not stupid! But the problem is bureaucrats ARE! Same question stands if I build myself an AR Pistol while I wait.
Lots to think about and lots of different ways to mis-step. Just wanted to hear how it's done from some of you folks that already have NFA toys and have danced the dance.
Thanks!
-A