GSG-5 Rifle, GSG-5 pistol, Sig Sauer 522LR rifle, and other 22 tactical talk and help

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Trust or Individual Ownership 

Trust or Individual Ownership
My paperwork is in my name 40%  40%  [ 2 ]
My paperwork is in the name of a trust created by an attorney 40%  40%  [ 2 ]
My paperwork is in the name of a trust created by quicken will maker 20%  20%  [ 1 ]
Another option (Please explain below) 0%  0%  [ 0 ]
Total votes : 5

Trust or Individual Ownership 
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Site Admin
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Joined: Mon Jan 28, 2008 2:00 am
Posts: 674
Post Trust or Individual Ownership
When you did your NFA paperwork how did you do it? Individual or Trust? I have not been able to find a local attorney that is willing to do an NFA trust.


Wed Oct 07, 2009 7:13 am
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Joined: Sun Aug 31, 2008 1:00 am
Posts: 130
Location: City of Central, Louisiana
Post Re: Trust or Individual Ownership
I have done all of mine in my name (more than 6) even though I have an LLC. With a Trust or an LLC, if they are ever dissolved you have transfer issues.


Mon Nov 09, 2009 8:34 pm
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Post Re: Trust or Individual Ownership
I have not been able to find a local attorney that will draw up the trust for me.


Mon Nov 09, 2009 10:54 pm
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Joined: Sun Aug 31, 2008 1:00 am
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Location: City of Central, Louisiana
Post Re: Trust or Individual Ownership
Here's some good reading should you decide to do it yourself


http://forums.officer.com/showthread.php?t=107341


Tue Nov 10, 2009 6:50 pm
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Corporal

Joined: Fri Jul 10, 2009 4:46 pm
Posts: 34
Post Re: Trust or Individual Ownership
All mine are on a quicken trust. Easy to do and approved every time.


Sat Jan 23, 2010 11:15 am
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Corporal

Joined: Fri Jul 10, 2009 4:46 pm
Posts: 34
Post Re: Trust or Individual Ownership
rockmup wrote:
I have done all of mine in my name (more than 6) even though I have an LLC. With a Trust or an LLC, if they are ever dissolved you have transfer issues.



Trusts are not dissolved and all items can be moved in and out at the will of the trustee and in the case of the death of the trustee the beneficiaries have an easier time splitting up the goodies. Corporate transfers are a pain but once in a trust there is no maintenance needed to perpetuate the trust.


Sat Jan 23, 2010 11:18 am
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