I am a firm believer that it is best to pay a little more now for peace of mind than to save a few $ and have problems later.
O
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I am a firm believer that it is best to pay a little more now for peace of mind than to save a few $ and have problems later.
O
HOLY SHAZING-ZING! $600???? :eek:
That works out to paying $2400 per hour for something you could get for almost free... if not free.
For an NFA only trust??? That was a foolish move. Now if you have real assets that you need to go into a trust I could see it. But an NFA trust is just a mechanism to get through ATF bureacracy.
Nothing is free and to think otherwise is foolish.
A trust is more than a mechanism to get through bureaucracy. A trust is an entity of its own. You can list several people as trustees, all of whom can use the weapons listed on the trust. In this case, my brother, dad, wife and I are on the trust. One PROPERLY written trust for four people is a good deal. Plus, when I, the initial trustee, die, the weapons on the trust will remain with the trust and the successor trustee becomes the BMFIC and there are no headaches and no transferring of tax stamps needed.
What is foolish is trusting a program (quicken) to properly execute this document, or a lawyer who has never heard of a gun trust prior. I've had good lawyers screw up simple things like property deeds creating massive headaches. A trust is a living document which will hold thousands of dollars of weapons on it. This is a document which could mean the difference between federal pound me in the ass prison and a weekend of fun shooting.
You don't cut the corners on shit this important.
I'm not saying don't use a lawyer. What I am saying is that usually gun shops that do a lot of sales of NFA items usually know a lot of the lawyers that are doing business there. This also means that it is something that they usually do regularly and are not some lawyer that doesn't know anything of trusts. You can shop and find a good price for the same service. There is nothing you can do as you have already paid to have it done. You are happy with that and that is great, you've got it done, and got what you wanted hopefully. I simply posted for all of the other interested people that will come to this thread and read it motivated to get a trust. Anyway post up your goodies when you get them back
Much of what is being posted seems to be ideologically prompted, instead of sticking with cold hard facts. Kind of like discussing the political situation that is going on today. One side makes statements about something they believe in with little to no knowledge of the other side. Gets old pretty quick.
In my opinion, trusts are not complicated. How many people used Turbotax instead of hiring a high dollar "professional"?
What is needed is for someone to compare an NFA trust done by an experienced and knowledgeable Class 3 dealer, to one done by a lawyer. Obviously the lawyer should be versed in NFA issues, and unless they advertise such, then they probably aren't.
My bet is there would be not a whole lot of difference between the two, legality wise. If I were to win the bet, then money is the only real issue.
We are here to help one another out, by recommending quality products that save money, while increasing everyone's knowledge of provable facts. Everybody benefits that way.
I'm curious how one weighs the qualifications of the "gun trust lawyer"?