Do I need a trust?

[jagee]

First, let me try to lay out the facts.

Most of "my" guns are currently in my grandpa's (my mom's dad) collection. I will inherit them eventually. I currently have some in my personal collection at my house. Grandpa keeps an inventory of all the guns in both of our collections and records who has possession of which gun(s). Nothing we own needs a stamp. No SBR, SBS, suppressor, nothing.

My dad sent me an email saying the law is going to change and I should look in to getting a trust before July 13. Dad said, when I (or grandpa) dies we will not be able to pass down any gun we own to anyone.

Dad sent this link to me in the email he sent:
New Gun Trusts Laws Take Effect July 13, 2016 | Lowndes, Drosdick, Doster, Kantor & Reed, P.A. - JDSupra


So, INGO experts, do I/grandpa need to get working on setting up a trust?

 

[Rookie]

The change only affects NFA items. Non NFA items aren't affected. You may buy, sell, trade, give away, or whatever as you please.

 

[jagee]

The change only affects NFA items. Non NFA items aren't affected. You may buy, sell, trade, give away, or whatever as you please.

That's what I thought, dad said I was wrong.

 

[Rookie]

Lol, the link he sent you clearly talks about title 2 firearms.

 

[chezuki]

Yeah, what Roadie said... Your dad is pretty confused.

 

[chezuki]

That's what I thought, dad said I was wrong.

Give him a firm open-handed pop on the mouth and remind him not to question you.

 

[nra4ever]

If there is no will then those firearms he has become part of his estate. The rules of intestate succession will apply and you may get screwed. Just so you know. Nothing brings out the ugly in a family like money!!! Of course other rules also apply but it will be your burden to show.

 

[chezuki]

Or you could just pick up his safe full of guns here soon and not have to worry about wills or estates.

 

[jagee]

Or you could just pick up his safe full of guns here soon and not have to worry about wills or estates.

That's the plan. But then what about when I die...how do my hypothetical kids get my guns?

 

[Dirtebiker]

They take them out of your safe and take them home.

 

[chezuki]

That's the plan. But then what about when I die...how do my hypothetical kids get my guns?

****ing millennials...

After you pop your dad in the mouth for questioning your trust knowledge, have him explain living wills to you.

 

[chezuki]

That's the plan. But then what about when I die...how do my hypothetical kids get my guns?

Also, they don't.. cause "Dibs!!"

 

[jagee]

****ing millennials...

After you pop your dad in the mouth for questioning your trust knowledge, have him explain living wills to you.

Who is Will and why do I care if he's living or not?

 

[HoughMade]

That's the plan. But then what about when I die...how do my hypothetical kids get my guns?

Non-hypothetically have a will.

****ing millennials...

After you pop your dad in the mouth for questioning your trust knowledge, have him explain living wills to you.

When did we start talking about healthcare decision making?

 

[chezuki]

Who is Will and why do I care if he's living or not?

aye dios mio... Pinche babosa!

 

[jagee]

I guess I should have added that dad lives in Kansas, if that matters. He plans on getting the Silver package.

Trust Editions | MoKan Gun Trusts | Jennifer Mickelson | Attorney at Law | Lawyer | Lees Summit, MO

 

[chezuki]

Who is Will and why do I care if he's living or not?

Also, I'm retarded. Just will, not living will... unless you're terminal and have some "pull the plug" type preferences.

 

[jagee]

More hypothetical:

Someday (after July 13, 2016) I decide I want an SBR and/or suppressor. Would I be better off to already have a trust set up now, even without the NFA items and add them later, or just set it up at that time?

 

[Rookie]

Set it up when you need it.

 

[chezuki]

More hypothetical:

Someday (after July 13, 2016) I decide I want an SBR and/or suppressor. Would I be better off to already have a trust set up now, even without the NFA items and add them later, or just set it up at that time?

Doesn't matter. Only reason to set up ahead would be to put something on it before the July deadline.