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Posted: 2/5/2012 11:19:49 AM EDT
| Just wondering if someone would know the answer to my question. I'm thinking about having a trust built to SBR one of my lowers here in NC, but I might also be relocating here soon for work. So my question is if I go ahead and get a trust built here in NC and get approved, then move to a different state what exactly will I have to do to make sure I'm not breaking any laws. Obviously the state that I would be moving to allows NFA items. Is it as simple as notifying the BATF of my address change? Or would I have to build a whole new trust and transfer the lower into the new trust which would cost me another $200 tax stamp? |
| Just a quick update. Did a bit more research and I'm fairly sure that you don't have to put a specific address. But it does have to include the state and county. So I'm leaning towards the route that if I did go ahead with the process I would have to either build a new trust. Or pay a lawyer to redraft the trust that I had already built in accordance with the new states trust laws. (IF that's even possible) |
| Update: I asked my business law professor this question today. What he told me was very good news. He told me that I would not have to build a new trust or have it revised if I were to move states. Since these items are not generating income, It has no bearing on which state the trust was drafted in. |
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