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Posted: 2/23/2015 5:23:32 PM EDT
What are the laws regarding the death of a gun owner and the disposition of their handguns?    I assume long guns are just treated as personal property.
Link Posted: 2/23/2015 6:18:20 PM EDT
[#1]
Unless they are more than just a handgun

Otherwise you just do the normal handgun purchase shenanigans
Link Posted: 2/23/2015 11:00:41 PM EDT
[#2]
Firearms are treated as personal property and divided amongst heirs equally or as dictated by a legal will, provided the person/s receiving them have no laws preventing them from possessing such firearms.



Handguns are the same, but the executor of the estate signs as the "seller". Handguns crossing state lines must be transferred via an FFL.



NFA items are transferred directly from the estate to the heir/s tax free via the Form 5, provided the heir/s are legally allowed to receive such firearms, this should all be completed before the close of probate. They can also be transferred to a person who is not an heir for the purpose of liquidation using a standard Form 4 and $200 tax.

NFA items being transferred across state lines to an heir via the Form 5 can do so directly, without an intermediate. Otherwise they must transfer to a dealer in that state first.
Link Posted: 2/24/2015 9:32:37 AM EDT
[#3]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Firearms are treated as personal property and divided amongst heirs equally or as dictated by a legal will, provided the person/s receiving them have no laws preventing them from possessing such firearms.

Handguns are the same, but the executor of the estate signs as the "seller". Handguns crossing state lines must be transferred via an FFL.

NFA items are transferred directly from the estate to the heir/s tax free via the Form 5, provided the heir/s are legally allowed to receive such firearms, this should all be completed before the close of probate. They can also be transferred to a person who is not an heir for the purpose of liquidation using a standard Form 4 and $200 tax.
NFA items being transferred across state lines to an heir via the Form 5 can do so directly, without an intermediate. Otherwise they must transfer to a dealer in that state first.
View Quote

This covers it.

Rifles - give it to who inherited it.

Pistols - Executor signs RI-60 as seller, the inheritor signs as buyer and drops the RI-60 off at the police station.

NFA - Form 5. Probably best to involve a Class 3 dealer if the estate's executor and/or lawyer are not familiar with NFA. It's not hard to deal with, but carries the most penalties if it's botched up.
Link Posted: 2/24/2015 9:37:32 AM EDT
[#4]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

This covers it.

Rifles - give it to who inherited it.

Pistols - Executor signs RI-60 as seller, the inheritor signs as buyer and drops the RI-60 off at the police station.

NFA - Form 5. Probably best to involve a Class 3 dealer if the estate's executor and/or lawyer are not familiar with NFA. It's not hard to deal with, but carries the most penalties if it's botched up.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Firearms are treated as personal property and divided amongst heirs equally or as dictated by a legal will, provided the person/s receiving them have no laws preventing them from possessing such firearms.

Handguns are the same, but the executor of the estate signs as the "seller". Handguns crossing state lines must be transferred via an FFL.

NFA items are transferred directly from the estate to the heir/s tax free via the Form 5, provided the heir/s are legally allowed to receive such firearms, this should all be completed before the close of probate. They can also be transferred to a person who is not an heir for the purpose of liquidation using a standard Form 4 and $200 tax.
NFA items being transferred across state lines to an heir via the Form 5 can do so directly, without an intermediate. Otherwise they must transfer to a dealer in that state first.

This covers it.

Rifles - give it to who inherited it.

Pistols - Executor signs RI-60 as seller, the inheritor signs as buyer and drops the RI-60 off at the police station.

NFA - Form 5. Probably best to involve a Class 3 dealer if the estate's executor and/or lawyer are not familiar with NFA. It's not hard to deal with, but carries the most penalties if it's botched up.



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