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Posted: 8/25/2014 2:07:14 PM EDT
[#1]
How timely.
I just changed my mind about owning NFA items. IN for more info about this outfit from people who have used them. |
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Posted: 8/25/2014 2:09:56 PM EDT
[#2]
Quote HistoryQuoted:
How timely. I just changed my mind about owning NFA items. IN for more info about this outfit from people who have used them. They are GTG IMO. |
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Posted: 8/25/2014 2:14:51 PM EDT
[#3]
Smoking deal, just sent it about 20 guys, also I went to 199trust website and they have their sale for $99, so this is even better at $69, chatted them up at 199trust and they said the gearhog deal is legit.
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Posted: 8/25/2014 2:15:34 PM EDT
[#4]
Was just talking with a few co-workers about forming a trust.
Thanks for the info. |
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Posted: 8/25/2014 2:15:45 PM EDT
[#5]
that is tempting.
I'm moving next year (same state), so my plan was to create a trust after I move. However, quick research is indicating to me that you dont actually put an address on the trust? Is that correct? Do you have to notify ATF that you have moved (again, same state)? With Efile wait times dropping, I could probably get the first SBR conversion done before my move next year. No more budget this year for a suppressor, but I was hoping to get one next year.
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Posted: 8/25/2014 2:53:29 PM EDT
[#6]
I wish I knew more about how the trust works regarding NFA items compared to Form 1 and/or Form 4...
I want me an SBR  and maybe a can or three
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Posted: 8/25/2014 2:55:24 PM EDT
[#7]
You can use a trust on Form 1 and Form 4s.
It's how you get around the finger prints and CLEO sign off. OP - I fent. After my thread about the 10.5'' effectiveness, I felt the need to get the NFA ball rolling  so much money...
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Posted: 8/25/2014 4:53:55 PM EDT
[#8]
Well, I fo'ed.
 Anybody see how to actually use the thing? The link in the page to redeem it doesn't work  ETA: Nevermind, figured the link out. User error ETA2: FO'ed AND Submitted.  |
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Posted: 8/25/2014 4:59:59 PM EDT
[#9]
I worked at a law firm and had my boss look at my trust from 199trust.com. He has done trust/estate law for over 20 years and said it was good to go. I used it to buy my first suppressor and my form 4 was approved back in May.
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Posted: 8/25/2014 5:25:50 PM EDT
[#10]
I FO'd
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Posted: 8/25/2014 5:30:01 PM EDT
[#11]
I need to do this!! Tag for anymore info.
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Posted: 8/25/2014 5:34:32 PM EDT
[#12]
Tag for non mobile use later.
Posted Via AR15.Com Mobile |
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Posted: 8/25/2014 5:36:26 PM EDT
[#13]
Stupid question but can I purchase the trust now before purchasing or filling out any forums and sit tight until funds are better?
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Posted: 8/25/2014 5:36:29 PM EDT
[#14]
Quote HistoryQuoted: I need to do this!! Tag for anymore info. Hardest part was deciding on a name
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Posted: 8/25/2014 5:39:34 PM EDT
[#15]
Quote HistoryQuoted:
Stupid question but can I purchase the trust now before purchasing or filling out any forums and sit tight until funds are better? Yes |
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Posted: 8/25/2014 5:41:38 PM EDT
[#16]
Quote HistoryQuoted:
Yes Quote HistoryQuoted:
Quoted:
Stupid question but can I purchase the trust now before purchasing or filling out any forums and sit tight until funds are better? Yes Once you have paid for this item on Gearhog the link will be sent in your Gearhog order email. Fine Print Expires 02/28/2015. Limit 5 per person Not valid with any offers All Sales Final Services must be used within twelve months of purchase Gearhog.com and 199Trust are not law firms and do not provide legal advice, if you need legal assistance or are unclear of the laws in your state, you should contact a local lawyer before purchasing these documents. Soooo, buy the deal on GearHog, then set up trust via 199Trust.com before 2/28 next year. |
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Posted: 8/25/2014 5:42:43 PM EDT
[#17]
Quote HistoryQuoted:
Stupid question but can I purchase the trust now before purchasing or filling out any forums and sit tight until funds are better? I'm curious about this too. I'd like to start the wheels rolling on a suppressor purchase, but the money's not there yet. Can I fully set up the trust without any actual property in it, and then modify it later? How difficult is it to update the trust? |
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Posted: 8/25/2014 5:47:45 PM EDT
[#18]
Quote HistoryQuoted: I'm curious about this too. I'd like to start the wheels rolling on a suppressor purchase, but the money's not there yet. Can I fully set up the trust without any actual property in it, and then modify it later? How difficult is it to update the trust? Quote HistoryQuoted: Quoted: Stupid question but can I purchase the trust now before purchasing or filling out any forums and sit tight until funds are better? I'm curious about this too. I'd like to start the wheels rolling on a suppressor purchase, but the money's not there yet. Can I fully set up the trust without any actual property in it, and then modify it later? How difficult is it to update the trust? *from reading about them this afternoon after my blind unplanned jump into trusts.
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Posted: 8/25/2014 5:51:54 PM EDT
[#19]
Quote HistoryQuoted:
From what I read, you put a dollar bill into the trust as property, and then just add your new purchases as time goes on. Some people say you don't need to add any property to it initially, unsure of how accurate that is. *from reading about them this afternoon after my blind unplanned jump into trusts. Quote HistoryQuoted:
Quoted:
Quoted:
Stupid question but can I purchase the trust now before purchasing or filling out any forums and sit tight until funds are better? I'm curious about this too. I'd like to start the wheels rolling on a suppressor purchase, but the money's not there yet. Can I fully set up the trust without any actual property in it, and then modify it later? How difficult is it to update the trust? *from reading about them this afternoon after my blind unplanned jump into trusts. I got mine done at a gun store when buying my first suppressor, but that's how it was done on mine. IIRC, the Trust must own something for it to be valid. So an easy first item to own when opening the Trust is to place One US Dollar in it. Then as Grantor/Trustee of the Trust, make sure you always have One US Dollar available that is owned by the Trust, as long as it is listed as property owned by the Trust. Once you get the first NFA item placed into the Trust, you can remove the Dollar if you want to. |
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Posted: 8/25/2014 5:54:42 PM EDT
[#20]
Quote HistoryQuoted:
From what I read, you put a dollar bill into the trust as property, and then just add your new purchases as time goes on. Some people say you don't need to add any property to it initially, unsure of how accurate that is. *from reading about them this afternoon after my blind unplanned jump into trusts. Quote HistoryQuoted:
Quoted:
Quoted:
Stupid question but can I purchase the trust now before purchasing or filling out any forums and sit tight until funds are better? I'm curious about this too. I'd like to start the wheels rolling on a suppressor purchase, but the money's not there yet. Can I fully set up the trust without any actual property in it, and then modify it later? How difficult is it to update the trust? *from reading about them this afternoon after my blind unplanned jump into trusts. That makes sense. I might just have to take the plunge. What better way to learn than to dive in head-first! |
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Posted: 8/25/2014 5:58:13 PM EDT
[#21]
199trust.com is legit ( I got 4 cans on one of their trusts). This is a smoking deal.
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Posted: 8/25/2014 6:02:05 PM EDT
[#22]
I did my own a few years ago...I think I have about
$12.00 invested buying Quicken will off eBay...
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Posted: 8/25/2014 6:02:49 PM EDT
[#23]
I could buy AOWs!
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Posted: 8/25/2014 6:03:19 PM EDT
[#24]
how does this work? if i buy the trust right now... what do i need to do?
do i simply " buy" the product right now, and simply fill it out later? im asking because im not sure what information i need to put on it. peoples names? ss#s? etc. im tempted to buy it now.... if i have a little time before i need to actually fill anything out. |
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Posted: 8/25/2014 6:05:44 PM EDT
[#25]
Quote HistoryQuoted:
how does this work? if i buy the trust right now... what do i need to do? do i simply " buy" the product right now, and simply fill it out later? im asking because im not sure what information i need to put on it. peoples names? ss#s? etc. im tempted to buy it now.... if i have a little time before i need to actually fill anything out. Dont need SS#'s, etc. Just full legal names of your Settlor/Trustee, co-Trustee and any beneficiaries and their addresses. |
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Posted: 8/25/2014 6:06:15 PM EDT
[#26]
Quote HistoryQuoted:
I'm curious about this too. I'd like to start the wheels rolling on a suppressor purchase, but the money's not there yet. Can I fully set up the trust without any actual property in it, and then modify it later? How difficult is it to update the trust? Quote HistoryQuoted:
Quoted:
Stupid question but can I purchase the trust now before purchasing or filling out any forums and sit tight until funds are better? I'm curious about this too. I'd like to start the wheels rolling on a suppressor purchase, but the money's not there yet. Can I fully set up the trust without any actual property in it, and then modify it later? How difficult is it to update the trust? You have to put SOMETHING into the trust. Many people transfer a bill ($1, $5, etc) into the trust... or a single round of ammo, or whatever the hell you want, but something must be part of the trust for it to exist. |
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Posted: 8/25/2014 6:07:33 PM EDT
[#27]
tag for home
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Posted: 8/25/2014 6:09:47 PM EDT
[#28]
Can I put all my guns in this even if they are not nfa?
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Posted: 8/25/2014 6:10:36 PM EDT
[#29]
doityourslfdocuments.com
Use the paralegal option use code "summer" or "james" to bring the total to around 50 or less. I filled out the info around 11pm, took me less than 10 minutes and had my trust documents emailed back by midnight. They offer discounts for lawyers which makes me wonder how many lawyers are simply using this service when someone comes into their office for a trust.
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Posted: 8/25/2014 6:11:24 PM EDT
[#30]
Quote HistoryQuoted:
Can I put all my guns in this even if they are not nfa? You can but you shouldnt unless you want to send a list of your whole inventory to the atf everytime you add an nfa item to it. |
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Posted: 8/25/2014 6:12:04 PM EDT
[#31]
Quote HistoryQuoted:
You have to put SOMETHING into the trust. Many people transfer a bill ($1, $5, etc) into the trust... or a single round of ammo, or whatever the hell you want, but something must be part of the trust for it to exist. Quote HistoryQuoted:
Quoted:
Quoted:
Stupid question but can I purchase the trust now before purchasing or filling out any forums and sit tight until funds are better? I'm curious about this too. I'd like to start the wheels rolling on a suppressor purchase, but the money's not there yet. Can I fully set up the trust without any actual property in it, and then modify it later? How difficult is it to update the trust? You have to put SOMETHING into the trust. Many people transfer a bill ($1, $5, etc) into the trust... or a single round of ammo, or whatever the hell you want, but something must be part of the trust for it to exist. Interesting - do I do that on my own after the trust comes in? Because in the fields they did not ask me for anything like that. |
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Posted: 8/25/2014 6:13:14 PM EDT
[#32]
Quote HistoryQuoted:
how does this work? if i buy the trust right now... what do i need to do? do i simply " buy" the product right now, and simply fill it out later? im asking because im not sure what information i need to put on it. peoples names? ss#s? etc. im tempted to buy it now.... if i have a little time before i need to actually fill anything out. You can set the trust up and not add anything to it until you are ready to have it notarized. |
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Posted: 8/25/2014 6:13:50 PM EDT
[#33]
Quote HistoryQuoted:
Dont need SS#'s, etc. Just full legal names of your Settlor/Trustee, co-Trustee and any beneficiaries and their addresses. Quote HistoryQuoted:
Quoted:
how does this work? if i buy the trust right now... what do i need to do? do i simply " buy" the product right now, and simply fill it out later? im asking because im not sure what information i need to put on it. peoples names? ss#s? etc. im tempted to buy it now.... if i have a little time before i need to actually fill anything out. Dont need SS#'s, etc. Just full legal names of your Settlor/Trustee, co-Trustee and any beneficiaries and their addresses. well... i bought a trust ! ! looks like you get a " code" . then goto the website, and give the code when your ready to fill out the trust. have until feb to get it done. 
looks like i am going to be buying a lower receiver.... or maybe a sig ar pistol soon to put on this trust. ( most likely ar-15 lower receivers to build later seems to be the best way to spend the money right now. ) |
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Posted: 8/25/2014 6:15:58 PM EDT
[#34]
I've used it for 3 cans and it worked great. It is pretty thorough and covers most of the bases. I feel very comfortable having this trust.
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Posted: 8/25/2014 6:16:04 PM EDT
[#35]
Do the 199Trust documents have any known shortcomings or pitfalls that could bite me later? I'm thinking about stuff like adding more people to it down the road, or what happens to the trust if I get killed. After I create it (with my $1 bill), does the trust require any upkeep to remain valid?
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Posted: 8/25/2014 6:18:49 PM EDT
[#36]
Any disadvantage of putting one rifle in the trust as the first 'ownership' for the trust?
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Posted: 8/25/2014 6:20:33 PM EDT
[#37]
Quote HistoryQuoted:
Do the 199Trust documents have any known shortcomings or pitfalls that could bite me later? I'm thinking about stuff like adding more people to it down the road, or what happens to the trust if I get killed. After I create it (with my $1 bill), does the trust require any upkeep to remain valid? The FAQ on their site says they include forms and instructions to make changes later on. |
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Posted: 8/25/2014 6:21:33 PM EDT
[#38]
Quote HistoryQuoted:
Do the 199Trust documents have any known shortcomings or pitfalls that could bite me later? I'm thinking about stuff like adding more people to it down the road, or what happens to the trust if I get killed. After I create it (with my $1 bill), does the trust require any upkeep to remain valid? You can add and remove people and the validity of the length of a trust varies from state to state but other than that it doesnt have to be renotarized ever if there are no changes. I guess only time will tell about any future pitfalls or shortcomings but I believe at this time there really hasnt been any for anyone. |
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Posted: 8/25/2014 6:24:21 PM EDT
[#39]
Quote HistoryQuoted:
Any disadvantage of putting one rifle in the trust as the first 'ownership' for the trust? If you are transfering a personally possessed nfa item it would cost you the transfer tax, other than that, no problem if you want to send your personal non nfa inventory list in everytime you add an nfa item/ |
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Posted: 8/25/2014 6:34:52 PM EDT
[#40]
Great, another episode of GD "saving" me money with a sale.
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Posted: 8/25/2014 6:38:33 PM EDT
[#41]
thanks,for the link, i ended up jumping on it, more money afrcom has made me spend
now just to figure out what do with it now that i have it. how long is the form 1 taking now? |
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Posted: 8/25/2014 6:42:50 PM EDT
[#42]
I need to move to the south
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Posted: 8/25/2014 6:44:05 PM EDT
[#43]
Quote HistoryQuoted:
thanks,for the link, i ended up jumping on it, more money afrcom has made me spend
now just to figure out what do with it now that i have it. how long is the form 1 taking now? eFile is about a month. |
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Posted: 8/25/2014 7:04:32 PM EDT
[#44]
Done
Form 1 up next. |
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Posted: 8/25/2014 7:06:55 PM EDT
[#45]
Had a real lawyer do mine.
CYA and all. Plus it was free. |
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Posted: 8/25/2014 7:09:37 PM EDT
[#46]
Set-up my trust through them in May (bought it when it was $99 though)
E-filed a form 1 for an sbr on 6/25 Got my stamp 8/16. |
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Posted: 8/25/2014 7:14:31 PM EDT
[#47]
Been wanting to do this for a while now.
Looks like I'll be putting together that sbr sooner than I thought. Thanks for the link op!
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Posted: 8/25/2014 7:15:39 PM EDT
[#48]
OP is always finding deals and posting them here... My credit card hates you.
Now that I am waiting for the trust to get created - what's next? 1)Once I get the paperwork, go get it notarized? 2) How do I add that $1 to the trust to "activate it" and make it legit? 3) once 1 and 2 are complete, I assume I can run down to the local fun stuff store to order fun stuff, correct?  |
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Posted: 8/25/2014 7:18:13 PM EDT
[#49]
NVM answered. Jeez...
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Posted: 8/25/2014 7:20:23 PM EDT
[#50]
Quote HistoryQuoted:
For those in the know. Would it be a stupid idea to put a GF on a trust? Yes. |
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