Why Buy a Gun Trust?
If you're going to purchase a NFA weapon then the best way to do it is to purchase a Secure Gun Trust, then purchase the NFA weapon with the gun trust. This offers you a multitude of advantages over purchasing a NFA weapon any other way.
Less Hoops to Jump Through in Your Registration with the ATF
A Secure Gun Trust offers you an instructional brochure in order to streamline your registration processs with the ATF. The Secure Gun Trust is here to help you get your tax stamp and secure ownership of the NFA firearms of your choosing through a NFA gun trust. You can choose your beneficiaries and your trustees. All of the trustees will share in equal rights to use and possess the NFA firearms. The ATF passed regulations that affect the registration of NFA firearms for everybody and those regulations go into effect in June, 2016.
Until June, 2016, purchasing NFA weapons (aka Title II weapons) through a gun trust protects some of your personal information from being registered with the government. If you register with the Bureau of Alcohol, Tobacco, Firearms, and Explosives (BATFE, aka ATF) as an individual you will have to submit a passport style photograph, and fingerprints with your application. If you register with the BATFE to purchase NFA weapons with a gun trust you can simply skip this step (until June, 2016, then you will still have a lot of protections through the gun trust but will have to submit more personal information than you have to pre-June, 2016).
Before ATF 41F goes into effect, if you register with the BATFE as an individual, you will have to ask the Chief Law Enforcement Officer (CLEO) in your area to sign a statement that certifies that you can own a machine gun, silencer, or other Title II item. This requires you to put yourself out there with your local law enforcement as owning Title II guns, and depending on the area that you are in, a lot of the time you will simply be unable to get a CLEO to sign that certification for you. With a NFA gun trust, you do not need to submit a CLEO signature with your BATFE application until ATF 41F goes into effect. You can read more about the effects of ATF 41F here.
The Secure Gun Trust is Attorney Drafted Specifically to Hold NFA Weapons
Secure Gun Trust.com provides you with a gun trust drafted by an attorney that was specifically designed to hold NFA weapons and pass them to your beneficiaries. If you do not want your NFA weapons going through the court process known as probate when you die, then you can pass them through the complete privacy and seamlessness that a Secure Gun Trust provides. Furthermore, because the Secure Gun Trust was designed specifically to hold NFA weapons, it was designed so that the weapons are held in trust until the beneficiaries are eligible to receive them. Generic living trusts would have your NFA weapons pass to the beneficiaries upon your death, regardless of whether or not it would put the beneficiaries at risk of being in unlawful possession of a Title II gun. This trust was designed with that specifically in mind.
A Trust is a Completely Private Document
A gun trust has advantages over forming a corporation or LLC to purchase the NFA weapons. A corporation or LLC is similar to a gun trust in that those entities do not have to submit a photograph, signature, or obtain a CLEO signature along with the BATFE form. However, a corporation or LLC must be registered with the State, the registration documents are public, and they have reporting requirements. A NFA gun trust is a completely private document that never has to report to anyone.
Protection for Your Beneficiaries and Others Who You Wish to Use the NFA Weapons
A NFA gun trust allows you to list close friends, family, or anyone that you trust enough to be a Trustee. A Trustee will be legally entitled to use and possess NFA firearms. If you registered a NFA firearm as an individual, you are basically the only person that can touch the NFA firearm. A NFA gun trust offers protection to your loved ones who you choose to list as Trustees.