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Posted: 4/30/2016 3:00:09 PM EDT
[#1]
Get a lawyer to do your trust, you don't want to make a mistake on a NFA trust. Dean Phillips has done most of the ones I have seen, only $99.
https://nfalawyers.com/ |
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Posted: 4/30/2016 3:16:56 PM EDT
[#2]
I wrote my own using a template found online. A trust is an incredibly simple document and undeserving of the mystique and mystery we tend to ascribe to it when using one for NFA purposes.
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Posted: 4/30/2016 3:23:28 PM EDT
[#3]
I used a std form trust and it flew through with no issues. Trusts are seriously simple and don't need the expense of a lawyer.
That said I was reliably told that the only trust that one of our local NFA dealers ever had an issue with came from the person in that thread. YMMV. |
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Posted: 4/30/2016 3:46:34 PM EDT
[#4]
Quote HistoryQuoted: I used a std form trust and it flew through with no issues. Trusts are seriously simple and don't need the expense of a lawyer. That said I was reliably told that the only trust that one of our local NFA dealers ever had an issue with came from the person in that thread. YMMV. |
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Posted: 4/30/2016 5:39:04 PM EDT
[#5]
I used willmaker with no issues. One comment is to make the trust name short and sweet.
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Posted: 5/1/2016 7:21:22 AM EDT
[#6]
Does anyone think that the people offering 99 dollar trusts do anything other than put your name into a form?
I used willmaker and have had no issues. |
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Posted: 5/1/2016 7:54:32 AM EDT
[#7]
Quote HistoryQuoted:
Does anyone think that the people offering 99 dollar trusts do anything other than put your name into a form? I used willmaker and have had no issues. No. No they don't. |
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Posted: 5/1/2016 9:36:08 AM EDT
[#8]
Quote HistoryQuoted: Get a lawyer to do your trust, you don't want to make a mistake on a NFA trust. Dean Phillips has done most of the ones I have seen, only $99. https://nfalawyers.com/ This is the one I used. Seems to get good reviews in the EE. I've got three stamps I'm waiting on now, and Dean says his trust hasn't been denied or turned down yet. |
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Posted: 5/1/2016 10:52:04 AM EDT
[#9]
Quote HistoryQuoted:
Get a lawyer to do your trust, you don't want to make a mistake on a NFA trust. Dean Phillips has done most of the ones I have seen, only $99. https://nfalawyers.com/ this, any and all questions answered! great guy! |
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Posted: 5/1/2016 11:47:49 AM EDT
[#10]
Quote HistoryQuoted:
The trusts that were effected were quickly fixed. It was a missing schedule if I remember correctly. Quote HistoryQuoted:
Quoted:
I used a std form trust and it flew through with no issues. Trusts are seriously simple and don't need the expense of a lawyer. That said I was reliably told that the only trust that one of our local NFA dealers ever had an issue with came from the person in that thread. YMMV. Did the trust specifically call out for a schedule? I've seen some that didn't include a schedule A, just assignment sheets. |
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Posted: 5/1/2016 12:05:20 PM EDT
[#11]
Quote HistoryQuoted: Did the trust specifically call out for a schedule? I've seen some that didn't include a schedule A, just assignment sheets. Quote HistoryQuoted: Quoted: Quoted: I used a std form trust and it flew through with no issues. Trusts are seriously simple and don't need the expense of a lawyer. That said I was reliably told that the only trust that one of our local NFA dealers ever had an issue with came from the person in that thread. YMMV. Did the trust specifically call out for a schedule? I've seen some that didn't include a schedule A, just assignment sheets. |
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Posted: 5/2/2016 12:53:48 PM EDT
[#12]
For those of you who successfully used a template, how do these look compared to yours?
http://www.theoutdoorstrader.com/threads/georgia-trust-document-examples-free-trust-examples.197732/ |
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Posted: 5/2/2016 1:16:54 PM EDT
[#13]
Quote HistoryQuoted:
Get a lawyer to do your trust, you don't want to make a mistake on a NFA trust. Dean Phillips has done most of the ones I have seen, only $99. https://nfalawyers.com/ Dean is a great guy. He is "one of us" for sure. Creating a Trust is like doing your own taxes. The software you can buy is as good as it needs to be but doesn't always ask questions like a person might. The bad Trusts created with software are usually because the user screwed up the input. Crap in, crap out. If you tell TurboTax you only made $10K last year when you really made $65K and you gave all $10K to charity, well don't blame TurboTax when you are audited. 
Some people like the idea of having a knowledgeable person with whom they can interact. Dean is just such a guy and at a very fair rate. You won't go wrong having him create your Trust and he is there after the fact to help if you have questions. It can be a confusing thing for some folks, so I get why some people will go to a lawyer. Not all lawyers are created equal. Some aren't really experts in the Trust and estate planning fields. Back in my PSI days, the only Trusts we ever had kicked back for problems were created by lawyers. We never once had one come back from a properly formed Trust through a software program. Lastly, creating the Trust and then actually USING it are two different things. The Trust software won't answer NFA-specific questions like a knowledgeable lawyer or knowledgeable NFA retailer. Cheers, Mark |
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