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4/9/2007 10:21:11 AM EDT
I am using Willmaker to start my NFA trust but have a question about the naming of said trust.

All of the trusts I have seen have been titled as the full name of the creator.  Can I name my trust the...

(Insert Last Name Here) NFA living revocable trust?

I will only be using it for my NFA stuff so nothign else will be in it but NFA items.


Any legal problems with this?
4/9/2007 10:43:50 AM EDT
[#1]
That is exactly what I did.  In willmaker when you are done you can export the trust to an rtf doc.  When you export it change the name of your trust to whatever you want. Just be sure that you change it as many times as it appears in the trust.

Also when doing a certification of trust, do the same thing.  Export it and change the names in the document to the exact same as in your trust, every time it appears.

The paperwork is the legal document once you have it notarized.

For example I made my Trust "ABC NFA Revocable Living Trust", where ABC are my initials.  I then engraved my lower "ABC NFA Trust, City, State".
4/9/2007 11:07:20 AM EDT
[#2]
I made mine the "J.P. Lastname RLT" in the manner described above.  Its easiest to use the find/change function in Word/Wordpad to change the name everywhere it appears.  If I remember correctly, the name of the trust appears once in the declaration, and multiple times in the certification of trust.  Also, make sure the page breaks are in the correct places.  When I changed the name on mine it separated a subsection onto two pages, I corrected it by adding a line break in.
4/10/2007 7:07:31 AM EDT
[#3]
Mine is the Rink NFA Trust.  
4/10/2007 7:12:45 AM EDT
[#4]
Try "Hillary You Can Kiss My Hairy A@@ Trust"
4/10/2007 9:56:10 AM EDT
[#5]
Thanks for the help..

Do I need to set up an AB or the basic trust?  The only difference I see is the estate tax penalty.  I know there is not a new tax stamp when transfered to my children but would there be an estate tax on the suppressor/SBR stuff?
4/10/2007 10:18:01 AM EDT
[#6]

Do I need to set up an AB or the basic trust?

You should read the "What Kind of Living Trust Do You Need?" chapter in the legal manual.

An AB trust is probably overkill.  Chances are an individual trust or a shared marital trust are sufficient.

IANAL.
4/10/2007 10:57:19 AM EDT
[#7]
I did read it, but was still left with the...  "What did everyone else do?"

I think I will just do the AB trust as I think the other's that I have read are an AB.
4/10/2007 5:49:28 PM EDT
[#8]
I did the AB.  It just seemed to be more husband/wife friendly.
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