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I read the thread about using a living will for NFA transfers. It explains how to do it, but it's a little vague about the purpose. Let me see if I get this right. I can use a trust in order to obtain a form 4 (after I pay a $200 fee) in order to own a full auto weapon, short barrel rifle, or silencer? This also means that I have to pay the tax on every item that I get?
Also, I can only buy guns that were preban ($$$$) but not new autos cause only law enforcement and military can own? Am I on the right track?

Also, I can only buy guns that were preban ($$$$) but not new autos cause only law enforcement and military can own? Am I on the right track?