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SBR's

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jonm:
I go trust so my wife and brother can use my toys when I am not there. Also being the the military, if I move to a state that doesnt allow my stuff, I can add my mom to the trust and leave them with her.

bkoenig:

--- Quote from: jonm on September 02, 2012, 06:20:37 PM ---I go trust so my wife and brother can use my toys when I am not there. Also being the the military, if I move to a state that doesnt allow my stuff, I can add my mom to the trust and leave them with her.

--- End quote ---

This is an often overlooked benefit of the trust.  My wife and I are both trustees, so either one of us can have physical possession of our NFA items.  It also simplifies the inheritance of the items after you kick the bucket.

David Hineline:
Does not simplify in a divorce. You don't own it she don't own it, someone's got to fold the cards.

Then the items have to tax paid transfer again.

In the CLEO case she can not take the asset you already own it, you might have to pay her some monetary value at worst.

CLEO is so easy, get pulled over by the police, if you are shooting local most likely it is the officers boss who signed the bottom of your forms.

A lot of people have drunk the trust Kool-Aid, if you go that route use a real Trust Lawyer who actually knows how to do a gun specific trust.  Google search Gun Trust Lawyer for more info.

Let's pretend your brother's girlfriend files a restraining order against him and tells the PoPo he has guns at other locations, now you have a prohibited person who is listed to possess your firearms assets.

jonm:
my lawyer put stipulations in the event of a divorce. do it right or do it twice.

Wildgoose:
Would have gladly done CLEO but as with many other things just not an option living here in Lincoln.   :(

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