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  1. #1
    Marksman Lilboog82's Avatar

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    Setting up new trust

    when I set up a trust in the near future, do I have to pay the $200 tax again on each of the items I currently have a stamp for to add those items to the trust?
    You canít fix stupid

  2. #2
    Grandmaster MCgrease08's Avatar

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    Yep.
    Well, I ain't always right but I've never been wrong,
    seldom turns out the way it does in a song.
    Once in a while you get shown the light
    in the strangest of places if you look at it right.

  3. #3
    Marksman Lilboog82's Avatar

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    Well that sucks
    You canít fix stupid

  4. #4
    Keeper of the Hammer
    MontereyC6's Avatar

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    You don't have to necessarily move them to the new trust.
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  5. #5
    Marksman Lilboog82's Avatar

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    So how would I then have one of my family member be able to take possession of them if something were to happen to me?
    You canít fix stupid

  6. #6
    Grandmaster jagee's Avatar

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    Quote Originally Posted by Lilboog82 View Post
    So how would I then have one of my family member be able to take possession of them if something were to happen to me?
    Will it to them.
    Quote Originally Posted by KJQ6945 View Post
    Jagee makes Beetlejuice look like a *****!

  7. #7
    Keeper of the Hammer
    MontereyC6's Avatar

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    Quote Originally Posted by jagee View Post
    Will it to them.
    Or add them on as a trustee. You need to talk to your attorney that did the trust. They should be able to help you. I do have 2 trusts. Some in one, the newer stuff in the other. I wont get into the reasons here, but for me it was the easiest thing to do.
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  8. #8
    Marksman Lilboog82's Avatar

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    I do not have a trust at this point, that was part of my initial question.
    You canít fix stupid

  9. #9
    Keeper of Snowman's Firearms mcapo's Avatar

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    I am in the same boat. Thought that I would just have one stamp - ended up with, well...more.

    While not fully researched yet, what Jagee says is correct. They will pass to your spouse and/or by the decree of your will just like any other property that is in a trust.

    Don't take my word for it...someone will be along shortly with name of the INGO member that is a lawyer and has experience with Trusts...
    Don't blame me....it is Turbo's fault.

    In my opinion, the M-1 Rifle is the greatest battle implement ever devised. - Lieutenant General George S. Patton, Jr.

  10. #10
    Grandmaster MCgrease08's Avatar

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    Quote Originally Posted by Lilboog82 View Post
    I do not have a trust at this point, that was part of my initial question.
    It's probably worth talking to an attorney with NFA trust expertise. Guy Relford is the first name everyone always mentions. I set mine up through Marc Halata.

    Well, I ain't always right but I've never been wrong,
    seldom turns out the way it does in a song.
    Once in a while you get shown the light
    in the strangest of places if you look at it right.

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