1. Welcome to Oklahoma Shooters Association! Join today, registration is easy!

    You can register using your Google, Facebook, or Twitter account, just click here.
  2. All members receive 3 free listings a month. Get unlimited listings for just $10 a year! Click here for all the info.

updating NFA items in living trust

Discussion in 'NFA & Class III Discussion' started by MrShooter, Nov 6, 2015.

  1. MrShooter

    MrShooter Sharpshooter

    Messages:
    4,292
    Likes Received:
    529
    Joined:
    Oct 20, 2010
    Location:
    Oklahoma
    Rating
    100%
    Not looking for "legal" advice...

    Just want to know how do you update your revocable living trust properties?

    Say I sold some SBR, cans, etc.. do I keep record of the items and write (tranfered/sold) or do I erase them from the property list? From what I understand you can't just delete property from a living document OR CAN YOU?

    I'm looking clean up my records before I do a little buying.
     
  2. FullAuto

    FullAuto Sharpshooter

    Messages:
    2,131
    Likes Received:
    58
    Joined:
    Nov 14, 2008
    Location:
    Choctaw
    Rating
    100%
    I would just remove the item from the Schedule A. I add them whenever I want. FullAuto giveth. FullAuto taketh away.
     
  3. tRidiot

    tRidiot Sharpshooter

    Supporter
    Messages:
    17,236
    Likes Received:
    8,234
    Joined:
    Oct 23, 2009
    Location:
    Bartlesville
    Rating
    100%
    This is my understanding. Although I would keep records of a sale, yes, but the ATF will have their own records of the transfer. No problem, I wouldn't think.
     
  4. glowworm

    glowworm Sharpshooter

    Messages:
    174
    Likes Received:
    19
    Joined:
    Jul 29, 2015
    Location:
    Choctaw
    Rating
    100%
    I've got separate forms for each item. If one leaves, so does the paper. Pretty easy that way.
     

Share This Page