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 Post subject: Re: How to: Living Trust for NFA transfers
New postPosted: July 3rd, 2010, 8:38 pm 
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AZS; Woohoo!
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Joined: June 7th, 2008, 6:07 am
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Location: Apache Junction, Az
valentin_84 wrote:
I have been thinking about joining the Marines and don't know if I should go forward with my SBR because of it...

If I use a trust for my SBR and I later join the military what do I do with the firearm when I leave for basic?

Thanks guys!

If you set up a trust, you can make another person a Trustee. Then that person can keep it for you.

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 Post subject: Another source
New postPosted: July 3rd, 2010, 8:46 pm 
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AZS; Woohoo!
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Joined: June 7th, 2008, 6:07 am
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Location: Apache Junction, Az
I just downloaded this:

http://www.ilrg.com/forms/trustrev-premium.html

They claim to be 50 state legal.
Money back guarantee.
Reward if you find an error in the forms.
Very easy instructions.
Access to a real lawyer if you need help
30 day No Hassle Money Back Guarantee

The instructions were clear and concise.

It took me an hour to complete the whole thing. It includes forms to amend every part. It seems to be very complete.

Has all the schedules, A,B,C,D,E with suggestions and recommendations of what not to put in the Trust.

Only $39

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Ex. 22:2 If the thief is found breaking in, and he is struck so that he dies, there shall be no guilt for his bloodshed.


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 Post subject: Re: How to: Living Trust for NFA transfers
New postPosted: September 5th, 2010, 11:21 am 
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AZS Regular
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Joined: July 9th, 2010, 11:45 pm
Posts: 145
Location: near goodyear,az
i went to azfirearms the other day and mentioned setting up a trust.as soon as i said that the owner said "don't do it!".he basically said that all folks doing trusts are doing them as a loophole which was against the law and that atf would crack down on them soon.he said the right way was sending in a form 4 and for him to prepare the forms was $100 on top of the $200 for the tax stamp.


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 Post subject: Re: How to: Living Trust for NFA transfers
New postPosted: September 27th, 2010, 11:53 am 
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AZS is my home
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Joined: March 29th, 2005, 12:28 am
Posts: 13102
Location: Queen Creek aka Queentucky AZ
riiiight....... [smilie=icon_rolleyes.gif]

Who was this esteemed distributor of bovine excrement?

D.

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 Post subject: Re: How to: Living Trust for NFA transfers
New postPosted: September 27th, 2010, 11:57 am 
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Joined: March 28th, 2005, 10:31 am
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That load of manure has been making its way around the gun shop circuit for a couple years now.

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TheRedHorseman, spreading hate and misery for hoverround riding sasquatch hunters since the dawn of the internet.


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 Post subject: Re: How to: Living Trust for NFA transfers
New postPosted: October 20th, 2010, 9:28 pm 
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ghost1 wrote:
i went to azfirearms the other day and mentioned setting up a trust.as soon as i said that the owner said "don't do it!".he basically said that all folks doing trusts are doing them as a loophole which was against the law and that atf would crack down on them soon.he said the right way was sending in a form 4 and for him to prepare the forms was $100 on top of the $200 for the tax stamp.



WOW that is AWESOME!!! I can't believe that shop only charges $100 to fill out the form 4 for you!!! I mean the shop that I bought my SBS from did it for FREE!!!! I can't believe that I got ripped off like that!!










In all seriousness that shop wants to charge you for something that it has to do as a part of doing business.


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 Post subject: Re: How to: Living Trust for NFA transfers
New postPosted: January 13th, 2011, 1:28 pm 
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NEWBIE! (<10 posts)
NEWBIE! (<10 posts)

Joined: January 13th, 2011, 1:19 pm
Posts: 2
I have been reading on getting a trust and have a question and haven't seen it really answered yet. Everything I have read on a trust is always described husband and wife on the trust. Can it be father and son? My father and I have been considering getting a trust for can's so we can purchase one can and share it instead of buying 2 of everything. Has anyone set up a trust this way?

Thanks


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 Post subject: Re: How to: Living Trust for NFA transfers
New postPosted: April 14th, 2011, 9:51 pm 
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NEWBIE! (<10 posts)
NEWBIE! (<10 posts)

Joined: April 14th, 2011, 9:43 pm
Posts: 4
What are the pros and cons of a Living Trust vs simply having the Chandler chief sign off and doing an individual transfer of a SBR?
From what I've read so far, please correct me if I'm wrong and add:

Trust
Slightly more expensive for first one (software vs finger printing and photos) but less expensive to add additional items
Significantly quicker (no FBI background check, no waiting for chief or sheriff to sign off)
Multiple person on trust so roomate/spouse can have access in emergencies/death.

Am I missing anything here?

I'm doing a SBR at the moment and (obviously) trying to figure out if I want to form a trust or do the transfer individually.
Thanks.


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 Post subject: Re: How to: Living Trust for NFA transfers
New postPosted: April 14th, 2011, 9:59 pm 
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AZS; Woohoo!
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Joined: October 7th, 2006, 11:42 pm
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Location: North Phoenix
If you do a trust, do NOT put a roommate on it. That would be very dumb. Your wife, maybe but not a roommate.


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 Post subject: Re: How to: Living Trust for NFA transfers
New postPosted: April 15th, 2011, 8:24 am 
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PackerfanXD wrote:
If you do a trust, do NOT put a roommate on it. That would be very dumb. Your wife, maybe but not a roommate.

Really? So if I've known him for 15 years and trust him more than any person I've ever met, I still shouldn't put him on it? Thanks.


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 Post subject: Re: How to: Living Trust for NFA transfers
New postPosted: April 15th, 2011, 10:01 am 
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AZS; Woohoo!
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FrankCastle wrote:
PackerfanXD wrote:
If you do a trust, do NOT put a roommate on it. That would be very dumb. Your wife, maybe but not a roommate.

Really? So if I've known him for 15 years and trust him more than any person I've ever met, I still shouldn't put him on it? Thanks.

Not unless you want it to be half his. I surely would NEVER do it.


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 Post subject: Re: How to: Living Trust for NFA transfers
New postPosted: April 15th, 2011, 2:44 pm 
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AZS is my home
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Joined: March 15th, 2006, 11:11 pm
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PackerfanXD wrote:
FrankCastle wrote:
PackerfanXD wrote:
If you do a trust, do NOT put a roommate on it. That would be very dumb. Your wife, maybe but not a roommate.

Really? So if I've known him for 15 years and trust him more than any person I've ever met, I still shouldn't put him on it? Thanks.

Not unless you want it to be half his. I surely would NEVER do it.


Actually, its not half his. Its 100% his. And its 100% yours.

If your wife decides to sell your TV are you going to go to court and argue it was only half hers and she shouldn't have done it? Its about the same scenario regarding a trust. Any trustee has full control of the property. Now you can word it so certain actions should be done to protect the interests of the successor trustee. But it would still have to go to court.

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 Post subject: Re: How to: Living Trust for NFA transfers
New postPosted: April 15th, 2011, 3:10 pm 
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AZS; Woohoo!
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Quake Guy wrote:
Actually, its not half his. Its 100% his. And its 100% yours.

Tamato tamoto, but the NFA item would be the property of those listed in a normal trust.


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 Post subject: Re: How to: Living Trust for NFA transfers
New postPosted: April 15th, 2011, 9:01 pm 
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NEWBIE! (<10 posts)
NEWBIE! (<10 posts)

Joined: April 14th, 2011, 9:43 pm
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Ok for the sake of argument let's say that I am not going to put my roommate on the trust.

Anyone care to answer the actual question please?

Please?


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 Post subject: Re: How to: Living Trust for NFA transfers
New postPosted: April 15th, 2011, 9:51 pm 
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AZS; Woohoo!
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Joined: October 7th, 2006, 11:42 pm
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Location: North Phoenix
I think you answered your own question in your fist post.


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