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Thread: Colorado SBR personal or trust?

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    Colorado SBR personal or trust?

    Ok I used the search button and came up with little info and the threads were several years old. That said I want to sbr one of my rifles this coming year and want to know if the cleo will sign off on personal NFA items or do I need to go the trust route? I live in El Paso county if it makes a difference. Thanks in advance.

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    Quote Originally Posted by maddawg5777 View Post
    Ok I used the search button and came up with little info and the threads were several years old. That said I want to sbr one of my rifles this coming year and want to know if the cleo will sign off on personal NFA items or do I need to go the trust route? I live in El Paso county if it makes a difference. Thanks in advance.
    I did some searching for you since I am bored out of my mind this Xmas Eve. On TOS, it was said that Terry Maketa, your Sheriff, signs off on paperwork. Set up an appointment with the people who schedule the CCW stuff.

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    My personal opinion is that if you can avoid the CLEO then do it. There are numerous reasons for that.



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    Quote Originally Posted by 021411 View Post
    I did some searching for you since I am bored out of my mind this Xmas Eve. On TOS, it was said that Terry Maketa, your Sheriff, signs off on paperwork. Set up an appointment with the people who schedule the CCW stuff.
    Thanks, I don't look at many other sites these days. I'm in the running for El Paso Sheriffs Office this year so that may make it easier. Thanks for looking around, I just find other websites to be suspect in their integrity.

    IG, can you inform me as to the reasons to avoid the CLEO route, I want to be able to make an informed decision on this.
    Last edited by maddawg5777; 12-24-12 at 15:53.

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    Quote Originally Posted by maddawg5777 View Post
    Thanks, I don't look at many other sites these days. I'm in the running for El Paso Sheriffs Office this year so that may make it easier. Thanks for looking around, I just find other websites to be suspect in their integrity.

    IG, can you inform me as to the reasons to avoid the CLEO route, I want to be able to make an informed decision on this.

    Biggest reason is to keep as many noses out of your business as possible.

    Other reasons:
    Trust negates the need for fingerprints, photos, and waiting for the CLEO to get around to signing your paperwork.
    In some jurisdictions, the CLEO can require things above and beyond what the NFA calls for in order to sign. For example, when I lived in Va, the CLEO required you to detail what kind of security you had for the firearm. Another local CLEO required a home inspection of your safe.

    Personal means just that. Only you are technically authorized access to said NFA item. So if you are married, have a close relative that you might want to allow access to said item, they can't. But if you have a trust, you can add them as trustees and they can have access to said items.
    Last edited by Hydguy; 12-24-12 at 16:54.

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    I would use an LLC instead of a trust if your state has low yearly filling fees.

    Depending on your state, you will have to get your trust schedule A notarized every time you add a firearm to it. That means you will have to pass around a piece of paper to someone at your bank, etc with all your high dollar firearms listed on it. Do you really want to do that?

    If you don't have a directly line of male inheritors, then an LLC is also better.

    I would suggest avoiding trusts where the benefactor is your dad, brother, or nephew.
    Last edited by scottryan; 12-24-12 at 17:05.
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    Quote Originally Posted by scottryan View Post
    I would suggest avoiding trusts where the benefactor is your dad, brother, or nephew.
    Would you expand on why one should avoid this? Thanks.

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    Good thoughts, I am married and she would be the next in line to own it if I happen to take a dirt nap. After her would be my son, though hes only 1 at the moment. I thought with a personal the weapons could still be passed along after my death with some paperwork involved.

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    Aside from the reasons above my wife and son have access to my stuff if needed because they are listed even if I am not present.

    As for notary part I get mine done at places where no one knows me and no one even glanced at it a second time.

    Quote Originally Posted by maddawg5777 View Post
    Good thoughts, I am married and she would be the next in line to own it if I happen to take a dirt nap. After her would be my son, though hes only 1 at the moment. I thought with a personal the weapons could still be passed along after my death with some paperwork involved.



    Owner/Instructor at Semper Paratus Arms

    Facebook: https://www.facebook.com/SemperParatusArms/

    Semper Paratus Arms AR15 Armorer Course http://www.semperparatusarms.com/cou...-registration/

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    Master Armorer/R&D at SIONICS Weapon Systems- http://sionicsweaponsystems.com

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    Quote Originally Posted by scottryan View Post
    I would use an LLC instead of a trust if your state has low yearly filling fees.

    Depending on your state, you will have to get your trust schedule A notarized every time you add a firearm to it. That means you will have to pass around a piece of paper to someone at your bank, etc with all your high dollar firearms listed on it. Do you really want to do that?

    If you don't have a directly line of male inheritors, then an LLC is also better.

    I would suggest avoiding trusts where the benefactor is your dad, brother, or nephew.

    WTF does a direct line of male inheritors have to do with anything?

    In an NFA trust, a minor shouldn't even be listed, as they cannot have possession of an NFA firearm anyway. And I'm not sure a minor can be listed as part of an LLC either. Guess that would depend on state law.

    My daughter, and only child, is not listed as a trustee at this time because of her age.
    When she is old enough to possess an NFA item she will be added as a trustee.

    Could you list a state that requires getting your trust notarized each time you add or remove an item?

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