Users Online Now:
2,245
(
Who's On?
)
Visitors Today:
1,467,416
Pageviews Today:
2,444,211
Threads Today:
977
Posts Today:
17,446
10:48 PM
Directory
Adv. Search
Topics
Forum
Back to Forum
Back to Thread
REPLY TO THREAD
Subject
Own Firearms? DO THIS NOW and thank me later
User Name
Font color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
Black
Font:
Default
Verdana
Tahoma
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 76685882:MV80NzM4Nzk2Xzg2MzYwODI5XzJERDkwQ0U1] [quote:Anonymous Coward 78475451:MV80NzM4Nzk2Xzg2MzI5MzQyXzY4OEM3NDQw] Lol guys, ignore this moron. He is setting you up for fraud weapons charges, each is a felony. It sounds good but means nothing and wont be observed during your court hearing for whatever charges they stack on you. You’re literally better off reporting your guns stolen, less time if you get caught. [/quote] There are legit gun trusts built by legal teams, many folks who own suppressors use them. All documentation created by these specialty law firms are ATF compliant in their paperwork. The cost isn't crazy either to do it right. I would agree, self-help gun trust will get tossed out of court and you will get busted. Not so sure reporting your guns stolen will make any sense either, if there is a bump in reports of stolen guns, it will invite scrutiny if you are part of it. Even if you get a way with it and then use your stolen gun in self defense under rule of law, guess what, you are still screwed legally. There are no good work arounds unless the law is changed. I think the NFA gun trusts are a reasonable approach as long as they are done using compliant paperwork. [/quote]
Original Message
I am going to give you a suggestion, run with it if you like or ignore it totally. I am not providing legal advice, this is just me telling a story, so listen to my story or ignore it, your choice.
I suggest that you create an
individual REVOCABLE TRUST for EACH FIREARM you own
and assign ownership of a firearm into the given trust. This means each trust you create will own ONE firearm. If you have 10 firearms, you have 10 trusts. You can also assign ammo into the trust if you like.
They can even be named in numbered order:
OK Coral Firearms #1 Revocable Trust
OK Coral Firearms #2 Revocable Trust
OK Coral Firearms #3 Revocable Trust
...etc
You will need at least one Trustee (you) and a beneficiary.
Trusts cost NOTHING to form (unlike filing a LLC or corporation) and do NOT have to be part of any public record. To establish the date the trust was created so it can not be disputed later make sure your signature is NOTARIZED when you form the trust.
Now... once you do this you no longer technically own the firearm, the trust does. This means that if you wish to transfer that trust to anyone else in the future you simply add a Trustee to the trust and then you can resign from the trust. That is not a transfer or sale of the firearm.
The new trustee now has control of the trust, and the firearm, and no "transfer" has taken place.
Do this BEFORE it is signed into law, if it looks like that is going to happen. I predict it will happen.
You are welcome.
Pictures (click to insert)
General
Politics
Bananas
People
Potentially Offensive
Emotions
Big Round Smilies
Aliens and Space
Friendship & Love
Textual
Doom
Misc Small Smilies
Religion
Love
Random
View All Categories
|
Next Page >>