Posted: 10/7/2013 6:11:16 PM EDT
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Hey just got my form 4 kicked back because I didn't have a schedule of beneficiaries attached. (Never included one in the past for any of my other approved stamps) I don't have any beneficiary's, so I sent a schedule of beneficiary's with the line "no beneficiary's at this time" Got another correction letter today. Kicked back for "trust may be insufficient.**in regards to schedule of beneficiaries. please review to ensure its validity and compliance with state law. Anyone know what I need to do? Do I have to have a beneficiary? If anyone has any insight it would sure help me out. Or if anyone has a Alaskan NFA lawyer that they can recommend Thanks! |
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I'm not too sure. I'm baffled as I submitted the same info as I submitted with my approved stamps. Quoted:
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I don't do the trust, but can't you list yourself? Much more scrutiny on trust and corp transfers now |
The beneficiary is who gets the trust if the trustees die. That's sort of the point of a trust.