After a trust is written up, signed, and notarized, are there any additional steps to take to "execute" the trust, i.e., make it effective? Or are you good to go at that point?
Thanks,
Pete
After a trust is written up, signed, and notarized, are there any additional steps to take to "execute" the trust, i.e., make it effective? Or are you good to go at that point?
Thanks,
Pete
Thanks, much appreciated.
Once your trust is executed, signed and witnessed, it is good to go. Your Schedule A needs something of value to "fund" the trust and make it legal. Most people usually fund it with $10.00. You do not need to update your Schedule A every time you purchase a Title II firearm. Your stamp will be your record of purchase, not the inventory in the Schedule A.
Now send it in with your check and start the waiting process.
O
Thanks, oef24. Looks like I'm good to go.
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