Posted: 5/15/2015 9:02:59 PM EDT
[#7]
Quote History Quoted:
Assuming your internet trust gives you the power amend or restate, then yes. But why not have it done correctly the first time around?
If you want to get down to bare minimums, you don't even need a written document to create a valid trust in my state. Oral trusts are a thing. Now, the ATF won't approve it, so you'll need a writing to send them. A crayon and a bar napkin are enough to do that.
If "getting a stamp" is your sole criteria for judging the quality of a trust, then I'm not kidding about a bar napkin and a crayon. That's all you need. View Quote View All Quotes View All Quotes Quote History Quoted:
Quoted:
But what's the problem? You can make a template or quicken trust, even have guns owned by that trust, and then have the trust completely restated by an attorney if you so choose at any time. This can be a "from scratch" rewrite of the terms, beneficiaries, and trustees of the trust, but the trust will have the same name, date, and maintains possession of all property owned by the original trust.
http://wills.about.com/od/overviewoftrusts/a/trustamendment.htm
Assuming your internet trust gives you the power amend or restate, then yes. But why not have it done correctly the first time around?
If you want to get down to bare minimums, you don't even need a written document to create a valid trust in my state. Oral trusts are a thing. Now, the ATF won't approve it, so you'll need a writing to send them. A crayon and a bar napkin are enough to do that.
If "getting a stamp" is your sole criteria for judging the quality of a trust, then I'm not kidding about a bar napkin and a crayon. That's all you need.
Of course, if you have the money and knowledge from the get-go, have a lawyer do it. But it's hard to know sometimes what kind of lawyer to turn to for NFA stuff. Many T&E lawyers don't know the specifics of NFA stuff, and some "NFA specialist" lawyers are shady FUD-spreaders (GunTrustLawyer being a shining example).
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