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Rifles, Reloading, Optics, Equipment
Suppressors
Loaning a suppressor on private property?
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<blockquote data-quote="mdvctry" data-source="post: 1788626" data-attributes="member: 45208"><p>I agree that a trust is still beneficial for 'transferring' trustees in the event of a death. I'm not a lawyer, nor did I stay at a Holiday Inn Express, but the trust owns the NFA items so you avoid having to pay transfer fees upon the death of a trustee. But because trusts are regulated by state law, you have to 1) know the law in your state and 2) NFA items are regulated by the federal govt so the trust has to take into account the legalities for both. So consult with a firearms lawyer in your state, but in the end, you're ultimately responsible for their good or bad advice. Again I'm not a lawyer and certainly can't speak for anyone except myself, which is only one persons opinion. Always get competent legal advice, then big boy and girl rules apply.</p></blockquote><p></p>
[QUOTE="mdvctry, post: 1788626, member: 45208"] I agree that a trust is still beneficial for ‘transferring’ trustees in the event of a death. I’m not a lawyer, nor did I stay at a Holiday Inn Express, but the trust owns the NFA items so you avoid having to pay transfer fees upon the death of a trustee. But because trusts are regulated by state law, you have to 1) know the law in your state and 2) NFA items are regulated by the federal govt so the trust has to take into account the legalities for both. So consult with a firearms lawyer in your state, but in the end, you’re ultimately responsible for their good or bad advice. Again I’m not a lawyer and certainly can’t speak for anyone except myself, which is only one persons opinion. Always get competent legal advice, then big boy and girl rules apply. [/QUOTE]
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Rifles, Reloading, Optics, Equipment
Suppressors
Loaning a suppressor on private property?
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