Quote Originally Posted by LeonR View Post
Thank you for the thorough response. I'm sure this will get fixed in the future.



Forgive me as I'm not a lawyer. But aren't all trustees responsible parties? I'm ok with being fingerprinted, mugshot'd and NICs with every purchase. I prefer a simple NICS check, but I'll deal with the full body examination. However, I have my entire family listed in the amendment section of the Trust as "Additional Trustees". I put them on there to avoid accidental constructive transfers. So aren't they a responsible party? If not, then I guess I don't understand the definition of a responsible party. My biggest sticking point, and this is a big sticking point for me, is that I don't want to drag everyone to the station for a family night line up every time I want a new toy.
Nope. And the definition varies from state to state. Beneficiaries may or may not be responsible persons (or even eligible to possess at a given point in time). And trustees may or may not, depending on their state of residence, etc. We are advocating for responsible person with a definition similar to that of the FFL process where one or more persons is designated as the legal "vouchsafe" for the entity. You can certainly have more than one... but you must have at least one. Just like an FFL. Same for corps, LLC's, etc.