Re: Denton County, TX
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RicosRevenge</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: MaximumVelocity</div><div class="ubbcode-body">The only downside of a trust is the cost to hire a lawyer and make one. It's a Chevy vs. Ford argument and more of a personal preference. Most of the population that goes for a trust will be overlooking the fact you can bypass certain items and be thinking about the future and passing them to someone with little hassle. </div></div>
What attorney? The trust forms are easily downloaded and all that is required is signature in front of a Notary. Filing is $15. And if something happens to you the property automatically transfers to those you designated.
As for changes, anything done already would be grandfathered in just like the personally owned items.
With that said, Tarrant County is a pain in the ass and chances are you would pretty much need to go through the trust route anyway.
~ Rico
PS... I'm not downplaying or speaking poorly of your decision(s) in the least, I was really wondering if there was a large difference or additional "perks" of individual ownership that I missed. </div></div>
I decided to go the trust route for my own personal reasons. Here in Texas, counties are hit or miss for a CLEO that will sign. Some will do it on the spot, some have a wait and others simply do not want their name tied to it. I've heard from a few sources that the Tarrant County Sheriff will sign off on NFA paperwork and this is good news for someone who wants to go this route. I am no lawyer and I am not certain what types of verbiage the ATF want to see when they review a trust so I am not going to just download what I think may be a legit trust and sign it, just to have it kicked back to me for changes. Also, I'm not married and do not have children. Therefore, as long as there are no changes in the trust laws, my Beneficiary will inherit what I have with no issues. If laws do change, then beneficiary status will be the same with a CLEO signed form 4 anyway. Sean Cody did my trust and he was recommended by my dealer. It was the route I chose to take. I didn't do it just to skip the riff raff. Accidents happen and if something happens to me then I do not want someone to accidentally get in trouble for being in possession of something they may or may not be aware of.