Armory Sponsor
Posted: 5/3/2014 11:49:33 AM EDT
|
1)I made a mistake when filling out my form 4 the name on my trust is "blank trust" it was filled out "The blank trust" can I just cross out the "the" and be fine?
2) do I submit a copy of my trust with the form 4? 3) I don't need to have my Cleo sign off on it since it is a trust, correct? This will be my first paper submission with a trust my last one was eFormed Thanks in advance SD07 |
|
Quoted:
1)I made a mistake when filling out my form 4 the name on my trust is "blank trust" it was filled out "The blank trust" can I just cross out the "the" and be fine? 2) do I submit a copy of my trust with the form 4? 3) I don't need to have my Cleo sign off on it since it is a trust, correct? This will be my first paper submission with a trust my last one was eFormed Thanks in advance SD07 1) Since it sounds like you haven't submitted it yet, I would print off another and fill it out again. Drawing a line through may be good enough though. 2) Yes. A copy of the trust and schedule A (or whatever it is that's lists what you used to fund the trust) 3) F@&K DA PO-LEECE. You are correct. 
|
| I don't understand the nitpicking that seems to accompany the ATF and trusts. I have done some trusts and am familiar with some trust law, plus CLE classes and I have never heard of this kind of nitpicking in a court, such as a "the" being an issue in a name. The courts care about a trust being valid and generally try to view a trust as valid if it meets statutory requirements. If an attorney tried nitpicking the things the ATF seems to do, it would quickly piss off a judge. In fact that is the whole point of a trust is to avoid probate and if it went before a judge, well, it is just plain silly. |
|
Quoted:
I don't understand the nitpicking that seems to accompany the ATF and trusts. I have done some trusts and am familiar with some trust law, plus CLE classes and I have never heard of this kind of nitpicking in a court, such as a "the" being an issue in a name. The courts care about a trust being valid and generally try to view a trust as valid if it meets statutory requirements. If an attorney tried nitpicking the things the ATF seems to do, it would quickly piss off a judge. In fact that is the whole point of a trust is to avoid probate and if it went before a judge, well, it is just plain silly. Unfortunately, we're not dealing with the courts. ATF won't approve the application if they don't agree with "good enough". |
|
Quoted:
I don't understand the nitpicking that seems to accompany the ATF and trusts. I have done some trusts and am familiar with some trust law, plus CLE classes and I have never heard of this kind of nitpicking in a court, such as a "the" being an issue in a name. The courts care about a trust being valid and generally try to view a trust as valid if it meets statutory requirements. If an attorney tried nitpicking the things the ATF seems to do, it would quickly piss off a judge. In fact that is the whole point of a trust is to avoid probate and if it went before a judge, well, it is just plain silly. It's not an issue with the trusts; it's the way you fill out their forms permission slips that the aft will nitpick. Fill out a form1 and put "John 'the ladies man' Smith" in 3b and I bet they'll send it back just a fast as adding additional wording to a trust name. |
Armory Sponsor