Quote History Quoted:I guess a trust can POSSIBLY protect non NFA items depending on how it’s written. Mine is a multi-generational gun trust. So if “transfers” becomes illegal but the items are still kosher, my great great great great great grandchildren and so on can have them...but by then, railguns and lasers would be the thing to have
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This ^^. It opens up possibilities of "non-transferable" items to multiple peoples' and generations simply by altering the trustees and beneficiaries. Even though a lot of states prohibit "perpetual" trusts, you can make one damned close to it by the next generation adding trustees, etc.
Not all trusts use an asset schedule that has to be sent anywhere, so the "letting them know what you have" thing might or might not exist depending on the trust structure.
Most of my title I ARs that were bought on a Form 4473 are in a trust of mine for the "non-transferrable" issue, should it ever arise. "They" already know I bought them. And my trust doesn't use an asset schedule, so my personal inventory list, which has been sent absolutely nowhere, might have a tragic
boating bonfire accident if I ever felt like it was the wise thing to do.