And as you may or may not know, I have given out my "sample trust" to easily 100s of people.
I just noticed a trend in that many are doing general trusts and their lawyer is seeking Trusts folks have used for NFA.
I think I will have to delete the Trust I have posted on the web and stop giving it out. Here's why:
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ARFCOM_Member:
I wonder if you would be so kind as to IM me the sample of the trust you used for your NFA items.
I have a local attorney doing one for me and he wants to be sure to get it right.
Thanks, ARFCOM_Member
ME:
Not to be a wise ass, but if the atty you are paying has to look at mine, you should really consider another lawyer. One in the thread was charging $250, which IMO is very fair. FWIW, here's mine. BTW - what is this guy charging you?
[Link to my Sample Trust]
ARFCOM_Member:
Don't know what he will charge, but it will be fair. He is doing some work on our will and springing trust, so he's throwing this in too. I know I could get this done elsewhere, but I'm one of those guys that likes to do business at home. He just wants to be sure he has all the "magic language", (his words), regarding the NFA part of this in there. Thanks much, ARFCOM_Member
ME:
More advice: he has no clue on NFA. There is no magic language. Just hearing an atty say that would send me elsewhere. He doesn't even understand a Trust concept and while you may like doing business at home, I wouldn't trust him to do an "A-B" or "springing Trust" either.
IMO either do a seperate Trust just for the NFA items yourself, pay the other guy in the thread $250 or avoid a Trust altogether. In fact, I would drop this atty like a hot rock. He's not qualified to do the work you've asked him to do.
Property is property, NFA items or not.
Your call, but I do not get that warm, fuzzy feeling with this atty and I damned sure wouldn't pay him to use someone else's language when all I have to do is enter the names/addresses.
In fact - you can bet he'll use the doc I gave you to specialize in NFA Trusts, when in fact he knows zero about them.
You are making a big mistake using this guy for any legal work, but good luck to you in any case.
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So what say ARFCOM? If I need a sample Trust, where I simply change the names/addresses and the like - why do I need a lawyer?
Would YOU pay a lawyer for this "service?"
Would you trust then to do any legal work for you?
I sure as hell wouldn't.