Armory Sponsor
Posted: 2/11/2010 12:56:03 PM EDT
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I was going around my college town today looking for a trust lawyer.... well the guy i found didn't explicitly say he was a trust lawyer but he wanted my to come back with printed ATF documents that this was legal and possible.
He was much more concerned with what i was going to do with or why i wanted a silencer as to when he could get stared on a trust and how much it would cost. I'm going to use a guy i know personally back in my hometown who will not ask so many stupid questions, but who did have a half valid point. Besides giving my guy the link to the NFA handbook is there any documentation or guidlines specifically that i can give my lawyer, or do I just ask for a revocable living-trust for firearms with me as the caretaker and my father as a trustee? |
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ok didn't know how the internal writing of the trust worked. They just asked if it was real estate and i said no personal property, like guns. Yeah thats a good idea. Id leave it at personal property unless they really start asking which isnt necessary unless they fill out your schedule of items for you. I think the base document is roughly the same otherwise FWIW I used quicken willmaker for my stuff and its worked without any problem. Just make sure to get a newer version so that any changes in law are reflected in the document |
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they dont need to know why your starting one specifically. And just because he's a lawyer doesn't mean he knows what he's doing... He said something to this extent... "Never heard of such a thing" that was the key phrase to eject for me. I don't need someone looking to do whats "right by him"; I mean if he wants to know why i want something i'm just going to fuck with him... i'm looking for someone who knows paperwork and wants my money. |
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Do you have to do another transfer to put NFA items already purchased into a trust, like willing them to others in the trust? would that maintain the added benefit of having multiple people possess them? If you own the items as an individual and you want to put them into your trust it does require another transfer and $200. As for "willing to others in the trust" there are some conflicting statements but last I heard if the settlor/grantor of the trust dies the item can to transfer to the trust beneficiary tax free on a Form 5 (which doesn't require a CLEO sign off). |
Armory Sponsor