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To Trust or Not to Trust? Login/Join 
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quote:
Originally posted by ruger357:
Get a trust. Buy everything you want then add your wife, son, brother, dad... They will only have your fingerprints, they can all possess the items and they won't have to pay for another tax stamp, wait for approval (who knows how much it will cost by then and how long the wait will be) when you die.


Would there be any benefit to such a trust having ownership of additional non-NFA items? Such as pistols, (semi) long guns, etc?
 
Posts: 123 | Location: Pennsylvania | Registered: December 27, 2001Reply With QuoteReport This Post
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posted Hide Post
quote:
Originally posted by hile:
quote:
Originally posted by ruger357:
Get a trust. Buy everything you want then add your wife, son, brother, dad... They will only have your fingerprints, they can all possess the items and they won't have to pay for another tax stamp, wait for approval (who knows how much it will cost by then and how long the wait will be) when you die.


Would there be any benefit to such a trust having ownership of additional non-NFA items? Such as pistols, (semi) long guns, etc?


No. As long as non NFA guns can be freely transferred I your state, there is no benefit.


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Glock Certified Armorer
NRA Certified Firearms Instructor
 
Posts: 6004 | Location: Hoover, AL | Registered: November 06, 2006Reply With QuoteReport This Post
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