Tue Dec 23, 2014 8:13 pm
Tue Dec 23, 2014 8:19 pm
Tue Dec 23, 2014 8:22 pm
Tue Dec 23, 2014 8:59 pm
oldkim wrote:Fair use..
For those interested... please do know that this is not from a lawyer nor back by a lawyer willing to stand by you if things don't work out.
Yes, you can get a computer program trust and it will most likely be approved by ATF... this is not the bar you want to risk all your "assets"
If you are going to go to all the trouble of getting a NFA item (aka suppressor, SBR, etc) please do take a moment and do it right. Not some copy.
Life is full of risk... when you gamble. Sometimes you lose. This is not where I would promote others lose on someone else's risk.
But like I have always said... "it's your ass not mine"
Tue Dec 23, 2014 9:11 pm
Tue Dec 23, 2014 9:16 pm
NWRed wrote:Other than the cost what exactly is the difference between a lawyer drafted NFA only trust and a free sourced NFA only trust after they've both passed the minimum scrutiny by the ATFs documents examiners to verify they are legal entities under the NFA and have a cancelled stamp in their posession? . . .
Tue Dec 23, 2014 9:23 pm
Typically, a firearms collection is the product of one spouse’s interest. The other spouse tolerates this interest, but does not care nearly as much about the items that have accumulated. Due to death or disability, the disinterested spouse or other family member may be forced to manage and/or distribute the collection. Because of the vast amount of federal and state regulations pertaining to both NFA and non-NFA weapons, a disinterested spouse may make a mistake as to the applicable laws. A violation of the applicable laws usually results in the commission of a felony.
Because a GunDocx® firearms trust is designed with this scenario in mind, there are detailed instructions to guide a trustee in handling the assets as well as an overview of applicable laws and regulations.
A GunDocx® firearms trust is also designed to allow for multiple users of the items held by the trust. This is in direct contrast to a standard/generic revocable living trust. The GunDocx® trust specifically allows for any named trustee, successor trustee, and any named beneficiary to have the ability to use the trust assets. There is even a provision that will deem any person that you are shooting with a beneficiary of the trust. The trust also allows for the formal appointment of beneficiaries for a limited duration with a set expiration date. An “automatic beneficiary” and a “limited duration beneficiary” have no rights for inheritance unless they are also listed as a “remainder beneficiary.”
A GunDocx® firearms trust also has many standard trust features such as avoiding the probate process for your firearms and the public record that it would create. There is also the ability to create and update a tangible personal property memorandum which grants different people specific items of a collection.
Tue Dec 23, 2014 9:27 pm
Tue Dec 23, 2014 9:34 pm
Tue Dec 23, 2014 10:10 pm
Wed Dec 24, 2014 4:21 am
NWRed wrote: Do you have a tornado rider on your home owners policy?
Wed Dec 24, 2014 5:59 am
oldkim wrote:The ATF is not the benchmark by which you want your "trust" to pass.
They (ATF) will pass a one page trust.
So long as it met their idea of what a trust is... (but please remember they are not lawyers either nor care if the trust is "valid" or not).
They are examiners making sure all your paperwork is done... Not lawyers
Wed Dec 24, 2014 6:35 am
Wed Dec 24, 2014 7:30 am
spikedzombies wrote:I guess the question needs to be asked..
would you put your home trust up against the federal governments lawyers if needed? Or would you rather have a attorney that will back up his trust to do that for you?
Wed Dec 24, 2014 7:47 am
Massivedesign wrote:spikedzombies wrote:I guess the question needs to be asked..
would you put your home trust up against the federal governments lawyers if needed? Or would you rather have a attorney that will back up his trust to do that for you?
I'm sorry... I couldn't hear you over the ΜΟΛΩΝ ΛΑΒΕ playing in my head...