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Thread: trust setup

  1. #11
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    Nov 2007
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    Quote Originally Posted by SC-Texas View Post
    And what happens in 10 years when he changes his mind?
    He's like me. He doesn't allow anyone else access to his gun stuff when he's not around. If he totally changed his mind about this, then he'd have to create a trust and transfer what he has at $200 a pop. He doesn't see that happening, so he went the individual route because it's simpler to do and maintain. I think that it's important that people understand all the reasons for setting up a trust before doing so. I think that a bunch of people do it because so many others do. The primary reasons that trusts got started for NFA stuff was to get around CLEO's that wouldn't sign and to be able to add items without a background check if multiple people are involved. Those two reasons are now gone.

  2. #12
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    Dec 2013
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    ...or your beneficiary is another trust. Rinse and repeat.

  3. #13
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    Jul 2007
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    Quote Originally Posted by BigWaylon View Post
    ...or your beneficiary is another trust. Rinse and repeat.
    Boom!

    Sent from my SM-N920V using Tapatalk
    Providing NFA Trust Services to Texas Citizens

    www.AtomicLabRat.com

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