Posted: 9/6/2011 12:49:03 AM EDT
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Can anyone point me in the direction on a good lawyer locally near Lexington who has experience setting up a trust? I know there are many people out of state, but would like to find someone locally.
Thanks. Richard |
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I did mine a few years ago and a buddy of mine just did his. We both went to Apple because we could not find anyone in central KY that seemed to know what NFA stood for.
BTW - If you do use Apple, they end the process with a KY lawyer reviewing the trust and doing any tweaking for you. Mine was in N KY and his was in E KY. |
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Quoted: I did mine a few years ago and a buddy of mine just did his. We both went to Apple because we could not find anyone in central KY that seemed to know what NFA stood for. BTW - If you do use Apple, they end the process with a KY lawyer reviewing the trust and doing any tweaking for you. Mine was in N KY and his was in E KY. If you don't mind me asking, how much did that run you? |
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Quoted: Okay, what is Apple? Like a website or something? Law firm? I appreciate the response, I just didn't want to use an out of state deal. Thanks! http://www.jacksonvillelawyer.pro/ Would love to know the name of the NKY lawyer that you were referred to JSG!!! |
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I would wager that any lawyer Apple uses is contracted by them so they cannot make you one on their own. Even if that is not the case, Apple has copyrighted their Trust so no other lawyer can use the same language.
I don't recall the woman's name from N KY I worked with but I will look. My friend worked with the guy in E KY that did that stupid story with CNN a bit back. |
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Quoted: I did mine a few years ago and a buddy of mine just did his. We both went to Apple because we could not find anyone in central KY that seemed to know what NFA stood for. BTW - If you do use Apple, they end the process with a KY lawyer reviewing the trust and doing any tweaking for you. Mine was in N KY and his was in E KY. Isn't that the truth. I found an attorney in Crestwood that actually looked into it for me. He said he would draw it up for me but that was last December. I've had a hard time justifying paying $600 to the firm in Florida. They say it's a "NFA trust", which in fact it's a standard trust with some CYA wording (not that that is wrong). I do have an LLC I could use, but it's in IN and I don't think that would work. In the NFA forum, there is a sample trust someone posted. I think it's stickied. |
| $600.00. Damn inflation must be rough in FL. They have raised the price since they did mine. I believe mine was 500 but that was a while ago. The thing that made me go with apple was the quick turn around. As I needed it set up quick and the turned it around in less than two days. If I would have been able to actually visit the local fellow it would have been less than 24 hours from phone call to complete certified trust. They also offer to make changes to it I believe the trusties and heirs for free. Not sure if that is the case still. |
| I know a guy that is a lawyer and is very familiar with the NFA and the process.He can help you guys out with the trust if you want to talk to him.He is in Richmond and is a real easy guy to talk to.I just hung up with him about this and he said to give him a call and he would help.He also wont be as much as the other prices quoted. His name is Mike Fore,his office is 859-623-5205.Give him a call and tell him Rex sent you.Hope this helps. |
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I guess I'm the only guy here who threw caution to the wind and used Willmaker?  Nope. Quicken man here too. I know several guys that have went the same route. At one time we had three C3 dealers in a town of 9000 people with a reluctant sheriff. Trusts were making a major dent in the local paper supply. |
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I guess I'm the only guy here who threw caution to the wind and used Willmaker? Nope. Quicken man here too. I know several guys that have went the same route. At one time we had three C3 dealers in a town of 9000 people with a reluctant sheriff. Trusts were making a major dent in the local paper supply. Ive just come back from Legalzoom.com. Is an NFA Trust the same thing as a "Living Trust?" |
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I used Willmaker, without any issues.
However, I wanted to say that I've worked with Mike Fore professionally before (nothing gun related), and he's a stand-up guy. His father used to be a fixture in the local pistol shooting community (and may still be, but I've moved away from Central KY). I'm sure Mike knows about the NFA and would do a good job. |
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I guess I'm the only guy here who threw caution to the wind and used Willmaker? Nope. Quicken man here too. I know several guys that have went the same route. At one time we had three C3 dealers in a town of 9000 people with a reluctant sheriff. Trusts were making a major dent in the local paper supply. Ive just come back from Legalzoom.com. Is an NFA Trust the same thing as a "Living Trust?" There is actually no such thing as an "NFA" Trust. People like to throw NFA or Gun Trust out there if there has been firearm specific language added to a Living Trust. |
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I guess I'm the only guy here who threw caution to the wind and used Willmaker? Nope. Quicken man here too. I know several guys that have went the same route. At one time we had three C3 dealers in a town of 9000 people with a reluctant sheriff. Trusts were making a major dent in the local paper supply. Ive just come back from Legalzoom.com. Is an NFA Trust the same thing as a "Living Trust?" There is actually no such thing as an "NFA" Trust. People like to throw NFA or Gun Trust out there if there has been firearm specific language added to a Living Trust. I spoke with Mike Fore a few hours ago and he confirmed this very thing. He seems like a straight shooter (no pun intended) and was willing and eager to explain everything to me. I am going to use him for this just because of the great customer service. |
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I guess I'm the only guy here who threw caution to the wind and used Willmaker? Nope. Quicken man here too. I know several guys that have went the same route. At one time we had three C3 dealers in a town of 9000 people with a reluctant sheriff. Trusts were making a major dent in the local paper supply. Ive just come back from Legalzoom.com. Is an NFA Trust the same thing as a "Living Trust?" There is actually no such thing as an "NFA" Trust. People like to throw NFA or Gun Trust out there if there has been firearm specific language added to a Living Trust. I spoke with Mike Fore a few hours ago and he confirmed this very thing. He seems like a straight shooter (no pun intended) and was willing and eager to explain everything to me. I am going to use him for this just because of the great customer service. What? You didn't believe me??? 
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I spoke with Mike Fore a few hours ago and he confirmed this very thing. He seems like a straight shooter (no pun intended) and was willing and eager to explain everything to me. I am going to use him for this just because of the great customer service.[/quote] Good news! I would also encourage you guys to keep the name of the trust short.Maybe your initials like "XYZ Trust" or something similar.The reason is if you decide to make an SBR, you will have to engrave that on the reciever. |
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Ive just come back from Legalzoom.com. Is an NFA Trust the same thing as a "Living Trust?" As already pointed out, there is not such thing as an NFA trust but some people use that term because there living trust is used solely for procuring NFA items. Quoted:
Good news! I would also encourage you guys to keep the name of the trust short.Maybe your initials like "XYZ Trust" or something similar.The reason is if you decide to make an SBR, you will have to engrave that on the reciever. That's exactly what I did and for that exact reason 
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Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: I guess I'm the only guy here who threw caution to the wind and used Willmaker? Nope. Quicken man here too. I know several guys that have went the same route. At one time we had three C3 dealers in a town of 9000 people with a reluctant sheriff. Trusts were making a major dent in the local paper supply. Ive just come back from Legalzoom.com. Is an NFA Trust the same thing as a "Living Trust?" There is actually no such thing as an "NFA" Trust. People like to throw NFA or Gun Trust out there if there has been firearm specific language added to a Living Trust. I spoke with Mike Fore a few hours ago and he confirmed this very thing. He seems like a straight shooter (no pun intended) and was willing and eager to explain everything to me. I am going to use him for this just because of the great customer service. What? You didn't believe me??? I'll be giving him a call myself. Thanks c3man for putting the info out there. |
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Quoted: Quicken is definently the way to go. My husband and I set one up this way. The program is so simple and not a pain in the ass, plus it walks you through step by step so impossible to mess it up.  If I may ask, what type of wording was used for the NFA related items? |
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Quicken is definently the way to go. My husband and I set one up this way. The program is so simple and not a pain in the ass, plus it walks you through step by step so impossible to mess it up. If I may ask, what type of wording was used for the NFA related items? There is no special wording and none is needed. As it relates to a trust, an NFA item is no different then any other personal property. |
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I know a guy that is a lawyer and is very familiar with the NFA and the process.He can help you guys out with the trust if you want to talk to him.He is in Richmond and is a real easy guy to talk to.I just hung up with him about this and he said to give him a call and he would help.He also wont be as much as the other prices quoted. His name is Mike Fore,his office is 859-623-5205.Give him a call and tell him Rex sent you.Hope this helps. Oh my. We are saved! Rex/c3man comes through again. If he says it, you can take it to the bank. Some of the people in the firearms industry make Mother Teresa look selfish. Well, you get the idea. |
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I guess I'm the only guy here who threw caution to the wind and used Willmaker? Nope. Quicken man here too. I know several guys that have went the same route. At one time we had three C3 dealers in a town of 9000 people with a reluctant sheriff. Trusts were making a major dent in the local paper supply. Ive just come back from Legalzoom.com. Is an NFA Trust the same thing as a "Living Trust?" There is actually no such thing as an "NFA" Trust. People like to throw NFA or Gun Trust out there if there has been firearm specific language added to a Living Trust. First, I am not a licensed attorney. A "NFA" trust should be a form of a revocable trust. There is a group out of Texas that throws a ton of "NFA" language into their trust. They are very detailed and a bit safer for your family, (just in case you do not understand the implications and do not train your family accordingly). Still, they are just another revocable trust. |
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Good news! I would also encourage you guys to keep the name of the trust short.Maybe your initials like "XYZ Trust" or something similar.The reason is if you decide to make an SBR, you will have to engrave that on the reciever. Right. Most "gun people" seem to be smarter than those who are not. Take those smarts and read up on the basics of a trust. They are very simple to understand. If you can find a copy of a "Gun Trust" or "NFA Trust", that would be helpful too. Things will jump out at you, like the short trust name to be used when building your SBR and completing your BATFe paperwork. |
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I will say that my plan is to use or build seperate trust. I plan to have a "NFA" trust, one built on assets from my family, and another built primarily from my individual assets.
Also, it seems most lawyers completely loose there minds at the mention of a "NFA" trust. I think it is nuts that they run from them. There is some serious money to be made. |
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Speaking of NFA and trusts. I called to check status on a form 4 today and was told they are averaging 5 months from pending date.  damn.I had three come back last week that were all just over 5 months.One was an individual form 4,one was a trust, and one was a corporation.Trusts and corps are no faster,never have been.I dont know if the realignment of examiners has slowed things down or if they are just trying to get on track and will be faster in the future.Before Obama they were running 2 months,after that they went to 4,then to 3,then about 3-1/2 was the norm for quite a while,now 5???? I have no idea why? But just for you guys info, that is what I am seeing now. |