Re: $600 to have a trust drawn up?
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: c_bass16</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: KYS338</div><div class="ubbcode-body">HAHA! They dont ASK you to do shit. They send you a letter and say "your trust has been ruled invalid with local and federal regulations".</div></div>
I'd like to see a copy of that letter if you don't mind.
KYS338, believe me, I have read your vast knowledge about suppressors and I've always considered you one of the opinions I'd deem trustworthy.
However. I'd like to see any cited info showing where any trust has been deemed invalid AND the NFA items were confiscated, a person was fined or jail time was issued. Of the ONE time I've read about a trust being revoked, the person was simply asked to revise it correctly.
In the history of NFA items, what? 80 years or so? Think of the thousands of trusts that were set up, BEFORE NFA LAWYERS and BEFORE QUICKEN.
In the age of the internet, we'd ALL have seen the news paper article that showed where Mr John Doe was arrested, fined 250,000, sent to prison for 30 years and had all his NFA items ceased, and chopped up into little bits, all because his (perfectly legal) trust didn't have specific NFA lingo in it.
The BATFE isn't going around checking up on state and local trust laws. That's not their job.
To my understanding...the only issue would arise, if and when, a person would have an item in their possession and a trust had to be examined.
Like if someone on my trust was stopped with it in his possession and the Sheriff had to check with the ATF to make sure it was purchased on a trust, then investigate the trust to make sure the individual was listed on it.
If Mr John Doe was still alive, he would be allowed to FIX a trust with a problem. If Mr John Doe dies, and his trust is taken to court to be divided up among the beneficiaries in which case...by now, it's too late.
IF YOU HAVE AN INVALID TRUST NOW, you're probably going to have some problems, not likely legal problems...just some serious hoops to hop through.
UNTIL something happens, it's ALL SPECULATION. Take your chance and roll the dice. I personally, have no problem with getting whatever trust you want. Free or $600, but it's never bad to get a second opinion.
My personal choice, was to have a lawyer check over my "quicken" trust BEFORE I added any NFA items into it.
You'd have a VERY hard time convincing me than an NFA item is any different than a hand gun or a hammer for that matter, when it comes to trusting it to a family member.
If the trust is legal in your state, (and if you did get a free or discounted trust, you should double check for sure)... then there is no reason to be concerned about the safety of whatever you put in it. </div></div>
I can't cite specific cases to you. But I do know of one person here in my state that was sent a letter by the BATFE. It stated that his current trust could no longer be deemed valid as a form to obtain NFA items. He had done his on Quicken which was downloaded for free. I spoke with him just by chance at our local machine gun shoot. I am usually not one to let rumors full my fire but when you have a more then a few people all concerned for the longevity of Quicken based trusts, it tends to make you think.
No, I don't like shelling out $600.00 for some paperwork but if it secures my future in purchasing these items and then passing them on to my son.... I am all about a lawyer doing it and then double checking it with a local to me lawyer.
I want and BELIEVE in that safety and security. Plus the warranty that if anything ever happened under my trust, they would defend me at no cost.
