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Trust questions

Discussion in 'NFA & Class III Discussion' started by shooterdave, Jun 26, 2009.

  1. 338Shooter

    338Shooter Sharpshooter

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    I thought so. So when I die, my stuff will be form 5'd to my wife.
     
  2. KOPBET

    KOPBET Sharpshooter

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    If you're using a trust, it might be worthwhile consulting a lawyer since the Form 5 specifically states its use is for transfers to heirs, as heirs are defined by your state. To me, the term heir would imply the process of inheritance, wills and probate, but a trust would have declared a beneficiary (which is not necessarily an heir) and would bypass wills and probate so I have to wonder whether or not a Form 5 would technically be applicable. Maybe someone here knows for sure.
     
  3. 338Shooter

    338Shooter Sharpshooter

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    I looked into this when I started and believe the form 5 is still used.
     
  4. jbarnett

    jbarnett Sharpshooter

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    Does someone have an idea on how long it takes to complete and be able to take possession of a silencer? I did mine over two months ago and haven't heard anything.
     
  5. BobAsh

    BobAsh Sharpshooter

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    I misspoke, what I meant was a personal transfer. You are correct, same form.
     
  6. shooterdave

    shooterdave Sharpshooter

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    Thanks for all the info and opinions..
     

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