Once I've received my cans I am supposed to list them in the assignment of property in my trust correct? Or do they just show up in the schedule A? I ask because how could I personally assign them, they were bought in the name of my trust.
Suppressors Trust question
- Thread starter Cheyenne19
- Start date
Re: Trust question
list them in schedule A after being approved. if using willmaker, just follow the instructions. i also renororized after adding property into the trust as willmaker suggests.
list them in schedule A after being approved. if using willmaker, just follow the instructions. i also renororized after adding property into the trust as willmaker suggests.
Re: Trust question
List them in the schedule A. I prefer that its done before the form 4 is returned and the item is picked up becasue I find many clients who forget to add the items onto the scheudle A.
I do not believe that it matters whether you do it before or after.
The trust has an ownership interest in the items when they are paid for by the trust. This is seperate from the right to possess.
List them in the schedule A. I prefer that its done before the form 4 is returned and the item is picked up becasue I find many clients who forget to add the items onto the scheudle A.
I do not believe that it matters whether you do it before or after.
The trust has an ownership interest in the items when they are paid for by the trust. This is seperate from the right to possess.
Re: Trust question
Thanks for the input. That was the way I thought it should be done. My dumbass forgot to add them to my schedule A, and I just wanted to make sure I was squared away before I sent in another form4.
Thanks for the input. That was the way I thought it should be done. My dumbass forgot to add them to my schedule A, and I just wanted to make sure I was squared away before I sent in another form4.
Re: Trust question
can someone post a link to the information on how to set up a trust for my first class 3 purchase...sorry for hijacking
Thanks Dusty
can someone post a link to the information on how to set up a trust for my first class 3 purchase...sorry for hijacking
Thanks Dusty
Re: Trust question
Information
www.silencertalk.com
Forms and Paperwork
http://www.titleii.com/TitleII.com/Welcome.html
Information
www.silencertalk.com
Forms and Paperwork
http://www.titleii.com/TitleII.com/Welcome.html
Re: Trust question
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Mrs.Lazy21</div><div class="ubbcode-body">this has very good info
http://www.86th.org/?id=nfa-trust</div></div>
Very good info here. Thanks for the link.
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Mrs.Lazy21</div><div class="ubbcode-body">this has very good info
http://www.86th.org/?id=nfa-trust</div></div>
Very good info here. Thanks for the link.
Re: Trust question
For those that are married did you set up the trust for your wife as well? Most recommended doing it this way just not sure if there was any reason not to.
My only thought was would she then have to sign on the form 4? Then she would know when the collection was growing.
For those that are married did you set up the trust for your wife as well? Most recommended doing it this way just not sure if there was any reason not to.
My only thought was would she then have to sign on the form 4? Then she would know when the collection was growing.
Re: Trust question
NO the wife doesnt have to sign the form4 .... just the head trustee, which is YOU.
NO the wife doesnt have to sign the form4 .... just the head trustee, which is YOU.
Re: Trust question
It depends on what your Trust says.
If your trust requires two signatures, then your wife has to sign the form too.
If it only requires one signature from any trustor, then you're fine.
YOU DID NOT PAY ME FOR THIS LEGAL ADVICE, USE AT YOUR OWN RISK
It depends on what your Trust says.
If your trust requires two signatures, then your wife has to sign the form too.
If it only requires one signature from any trustor, then you're fine.
YOU DID NOT PAY ME FOR THIS LEGAL ADVICE, USE AT YOUR OWN RISK
Re: Trust question
Thanks for the help. I am putting it together with willmaker and then having an attorney look it over just to make sure I did not mess anything up.
Thanks for the help. I am putting it together with willmaker and then having an attorney look it over just to make sure I did not mess anything up.
