<h3>What is the difference between filing as an Individual and a Trust?</h3> <p>Filing as an individual means that you are the sole owner of the silencer. Your tax stamp and the device cannot be transferred to anyone else, ever, unless the proper transfer process for Form 1 or 4 items is followed. Transferring a device without following the appropriate steps would be a violation of the National Firearms Act and could result in punitive damages. In addition, you must be physically present any time your device is used with a copy of your Form 1/4 and tax stamp. Filing as an individual has an advantage in not relying on getting detailed information of other people who may not want to be involved.</p> <p>A trust is a document that lists everyone legally able to possess the silencer. Those individuals may use the can anytime without you being present. While filling out Form 1, you will need to provide precise personal information about the individuals included in the trust. The significant advantage to using a trust is anyone listed on the trust could inherit the suppressor with no additional paperwork should you pass away.</p>