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another trust question

Discussion in 'NFA & Class III Discussion' started by mavrick, Jun 27, 2010.

  1. mavrick

    mavrick Sharpshooter

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    At the OSANFA shoot we made plans with Major to get the ball moving on an Ospery in .45 and Cyclone in .308. I am getting the Cyclone and my dad is going with the Osprey. Major is setting everything up but I have a question to ask with a trust can you set more than one authorized user? I guess what I mean is can I use his .45 can with out him being present as long as I have the paperwork on me ?


    Dustin
     
  2. Cue

    Cue Sharpshooter

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    I am currently working on the same type of deal. Mine is going to include multiple Grantor/trustees with multiple successors. I have not talked to any legal council on this yet.

    I am going to post a very rough draft of what my trust is going to look like. I plan on having an attorney review it. I still need to review it for errors myself. I figured I would post my process since there is no information on the internet about multiple grantor/trustee trusts.

    I am going to start my search for an attorney on monday, if anyone has any suggestions, let me know.


    Here it is (remember rough draft!)
     
  3. WhiteyMacD

    WhiteyMacD Sharpshooter

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    My understanding, is any trustee listed on the trust can legally be in possession of the NFA item. As always, pay attention to the "my understanding" part and follow up with someone a tad more knowledgeable than I before trusting it.
     

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