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The Range
NFA & Class III Discussion
Filing individual vs trust and Why
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<blockquote data-quote="mr ed" data-source="post: 3952004" data-attributes="member: 6777"><p>Individual is good enough for most people. You die and the heirs can transfer it tax free on a form 5 People talk about putting others on a trust, but would you really do that? You are ultimately responsible for what happens to that item, not the bone head that borrows it and then does something stupid. Especially if they didn't pass the background check.</p></blockquote><p></p>
[QUOTE="mr ed, post: 3952004, member: 6777"] Individual is good enough for most people. You die and the heirs can transfer it tax free on a form 5 People talk about putting others on a trust, but would you really do that? You are ultimately responsible for what happens to that item, not the bone head that borrows it and then does something stupid. Especially if they didn't pass the background check. [/QUOTE]
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Filing individual vs trust and Why
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