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Whats with all of this "trust" talk?

Discussion in 'NFA & Class III Discussion' started by farmerbyron, Jun 11, 2012.

  1. farmerbyron

    farmerbyron Sharpshooter

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    Thinking of getting a SBR and paying uncle for the privilege of owning one. I see a lot of you guys are setting up living trusts to register them under. So does that mean that if you just registered the SBR in your name and not a trust, if you were to croak there is no way to transfer ownership to your wife/kids?

    Extreme class 3 newb but I'm lusting after this SBR 9mm.

    [Broken External Image]
     
  2. Glocktogo

    Glocktogo Sharpshooter

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    If you go the CLEO signature route and forego a Trust, it may still be transferred to your heir without paying an additional $200.
     
  3. 338Shooter

    338Shooter Sharpshooter

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    Trust is to circumvent douchebag CLEOs. Still transfers to an heir on a tax free form 5.
     
  4. farmerbyron

    farmerbyron Sharpshooter

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    How do I found out if I have a douche bag sheriff? Guess call and see if they approve form 1s?

    Anyone know if Grady county sheriff Kell is GTG?
     
  5. indi

    indi Sharpshooter

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    I waited on a sheriff for several months before he returned it to me without a signature. Im not saying that he doesnt sign them (not referning to brady county), just he couldnt get info on my background from Chicago. If i could do it all over again i would go with the trust, from the begening.
     
  6. Clay

    Clay Guest

    Didnt we just have a county election for Sheriff? I know, I didnt vote but I heard about it late. Anyway, if Art Kell is still in there, I would wait. He was apparently being investigated for falsifying his deputys Cleet certs.
     
  7. farmerbyron

    farmerbyron Sharpshooter

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    I'm pretty sure that election will be on the Nov. ballot. Kell wasn't even cleet certified when he was elected in 08 if I'm not mistaken.
     
  8. Clay

    Clay Guest

    Hmm, someone told me the election was "next Tues." and that was a week or 2 ago? I'm not sure how one could serve as Sheriff if hes not Cleet certified?
     
  9. rda1911

    rda1911 Guest

    You do not have to be certified to be elected
     
  10. abinok

    abinok Sharpshooter

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    The Current Grady County Sheriff will sign for NFA.

    The main advantage of the trust for me, is the ability of other people I name to legally have and use the item without my presence. If yore considering a trust, shoot me a PM. I too live in Tuttle, and Ive got one you can have a look at.
     

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