Legal mumbo jumbo - I'm not an attorney and this is only my understanding and experience in the process.
I recently finished up my NFA Trust and am researching my first suppressor purchase. One contributor asked for my experience in building the trust and as such this post was born.
My first step in building the trust was to run down an attorney local to me who had experience in building NFA Trusts. After surfing around local shooter's boards and a few dealers one name kept coming up and I gave the guy a call. He sent me over an initial agreement for me to sign if I was interested and a questionnaire that a normal human could read and fill out.
My trust was easy enough given it was just me and my wife on it and I left successor trustee as another family member. The successor doesn't really matter so long as they are over 21 and can legally own the weapons should everyone else on the trust die. Where this can get more difficult is if the trustees (the idiots that can be in possession of the items on the trust and are responsible for them) need to sign the trust in front of a notary separately. Then you have to have some additional paperwork to deal with multiple notary acknowledgements. Not a huge issue, just something to be aware of.
Then you take your whole trust down to a notary (or likely the attorney's office but I couldn't make it during business hours) and get your acknowledgements signed. You have now created another legal entity that can purchase your weapons.
When Filling Out Your Form 1:
When Filling Out Your Form 4:
Those two links helped me out about what your form 1 and 4 are going to look like. Those are example forms filled out using a trust.
When you submit your form 1 and 4 with purchase you'll need to submit a copy of the ENTIRE trust with it. You'll need a ton of copies of the damn thing.
My recommendation: put the original 'wet signed' copy of the trust in a very safe place (safe, safe deposit box, mattress) and make about 20 copies of the original. (Copies of copies of copies never work out real well so having a bunch off the original is nice). Then I'd keep a copy of all relevant paperwork in your range bag and one in the case you transport the weapon in, because you really can't have too much paperwork to burry a LEO in and prove you're supposed to have that full auto SBR with the bad ass suppressor.
So far I haven't made my first purchase and if you have recommendations on suppressors I'm all ears over on my other post:
Hope this helps someone decide to 'pull the trigger' on their trust and if you have questions I'll do my best to answer them. Also, as soon as I pick my suppressor I'll let everyone know how the purchase went.