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re: Passing down a gun collection- Now or Then?
Posted on 3/12/24 at 11:13 pm to slacker130
Posted on 3/12/24 at 11:13 pm to slacker130
quote:
Heck, even if his stuff is nicer, it's cool to have anything from your dad.
You aren't going to have a whole lot of nicer guns than what the OP described. Those old Brownings are some of the finest firearms ever made.
0
Posted on 3/13/24 at 9:01 am to Twenty 49
quote:
It would be helpful to the heirs to write up the history of the guns, print it and pass along with the items.
Great idea
Posted on 3/13/24 at 9:48 am to JDPndahizzy
My dad told me that I'm in charge of his guns when he passes. He said to take my favorite* and make sure each younger family member gets one they like. He is still going strong.
*I like the gun my grandaddy pulled out of a German warehouse as they were advancing in 1945. Word was he mailed it home in 3 separate packages; lock, stock and barrel. Its an over-under 28 ga/22hornet. Benchmade with Belgian inscriptions on it. It was probably confiscated from some farmer as the Nazis took over. Grandaddy hunted a little with it after the war and I hunted with it as a kid in the 70s. Then we put it away to save it. I hope its a long time before its mine.
*I like the gun my grandaddy pulled out of a German warehouse as they were advancing in 1945. Word was he mailed it home in 3 separate packages; lock, stock and barrel. Its an over-under 28 ga/22hornet. Benchmade with Belgian inscriptions on it. It was probably confiscated from some farmer as the Nazis took over. Grandaddy hunted a little with it after the war and I hunted with it as a kid in the 70s. Then we put it away to save it. I hope its a long time before its mine.
Posted on 3/13/24 at 10:38 am to Mid Iowa Tiger
Someone may have mentioned this but if not, start with buying him a good safe and a Golden Rod.
Posted on 3/13/24 at 11:24 am to dat yat
quote:
My dad told me that I'm in charge of his guns when he passes
You might want to get that in writing, preferably in a will.
No one knows how family react at a passing. I've seen family who swear their kids will never fight over anything then fight over everything and families who fought tooth and nail while a parent was alive be as cordial and reasonable after death.
Posted on 3/13/24 at 12:34 pm to TigerDeacon
quote:
However, I know that one day one of my descendants will sell it. It will be divided in half anyway at my death. We can't control it and there is no need to waste time worrying about it.
You can put into a trust where they can only sell to family members. My grandmother did this with 100 acre property my grandfather owned. It has a 14 acre lake on it that would cost a small fortune to build today. My grandfather always wanted it passed down to family and made her swear that she wouldn't allow anyone to sell it. I own 25% and my cousins own the other 75%.
Posted on 3/13/24 at 1:23 pm to lsufan1971
quote:
You can put into a trust where they can only sell to family members
Yeah, I'm not going to do that. I'm not going to handicap my kids on what they can do once I'm gone. It will be placed into a trust until they reach a certain age and then if they can't manage it by that age so be it.
There are ways around trusts if everyone is on board. In addition about half the attorneys that draw up trusts don't understand how to properly place property in them and people like me have to come along and fix them.
Posted on 3/13/24 at 1:28 pm to JDPndahizzy
I would put them in a trust and give them to him after. So wife divorce something gain with the law in his family they cannot be seized and will go to good kids when they are of age
Posted on 3/13/24 at 2:49 pm to JDPndahizzy
I don't have kids, but I've given shotguns and rifles my dad & granddad gave me, to my nephews. In January I gave my favorite plinker, the M&P 15-22, to my Navy nephew to teach my great niece and nephew to shoot.
Now I'm their favorite uncle too!
Now I'm their favorite uncle too!
Posted on 3/14/24 at 3:38 pm to chinese58
Buy him a good gun safe and Golden Rod first !!!
Posted on 3/14/24 at 7:42 pm to JDPndahizzy
I have my Grandfathers A5 that he bought in 1945. I'd never sell it, but I doubt it's worth more than a grand.
My most expensive gun is a Beretta 1301 just because they are impossible to find. I'd guess I could get $2400 for that one.
My most expensive gun is a Beretta 1301 just because they are impossible to find. I'd guess I could get $2400 for that one.
This post was edited on 3/14/24 at 8:45 pm
Posted on 3/14/24 at 7:55 pm to JDPndahizzy
I passed the family guns to my cousins since I don’t have kids and my niece is not interested in them.
According to 1 of my doctors I have about 14 more years to live tops. My health, or lack there of, prevents me from hunting ever again (I walk like Tim Conway in his little old man routine). Figured go ahead and get them dispersed before the old cousins get too old to get to enjoy them and while the younger ones are in or approaching prime hunting years.
In the end it is really a toss up before, during, or after. Probably easier early .
According to 1 of my doctors I have about 14 more years to live tops. My health, or lack there of, prevents me from hunting ever again (I walk like Tim Conway in his little old man routine). Figured go ahead and get them dispersed before the old cousins get too old to get to enjoy them and while the younger ones are in or approaching prime hunting years.
In the end it is really a toss up before, during, or after. Probably easier early .
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