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re: Gun Trust Question
Posted on 7/10/14 at 11:09 am to Papercutninja
Posted on 7/10/14 at 11:09 am to Papercutninja
Ballpark me a price on this, not including stamps
$200, $700, $2,000?
What are the advantages of the trust over an LLC? (other than annual LLC registration with the state)
$200, $700, $2,000?
What are the advantages of the trust over an LLC? (other than annual LLC registration with the state)
Posted on 7/10/14 at 11:20 am to xenon16
If they are not in a trust, only you can have the guns. Others can shoot them if you are there, otherwise not. With the trust you can set others beneficiaries. Family, etc. now this would still need to be very responsible knowledgeable people. In addition, if you die without a trust the guns must go through a new round of background checks. Beneficiaries of the trust are now the owners.
Huge advantage if you are going the NFA route. Also no law enforcement sign off and not fingerprints...
Huge advantage if you are going the NFA route. Also no law enforcement sign off and not fingerprints...
Posted on 7/10/14 at 11:26 am to xenon16
(no message)
This post was edited on 9/27/22 at 4:11 pm
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