We often get asked questions about how and if a Gun Trust or another type of trust can own or obtain an FFL or C&R license. A Trust is not a person under the GCA of 1968 and as such a Trust may not apply for or receive an FFL or C&R license. That being said, a Trust may be the owner of a Corporation or LLC that holds an FFL. That is the Stock of a Corporation can be owned by a trust or the membership interest in an LLC can be owned by a Trust.
In addition, some firearms manufacturers have used trusts to help permit individuals who may not be W2 employees to be in possession of certain items that they might not be able to be in possession of otherwise. For example a suppressor manufacture may have independent sales reps that would not normally be able to be in possession of the suppressors.