The CZickness XXX: As in life, the twenties are just a blur...

[Benp]

I'm planning on going the individual route when I jump on board.

 

[wtburnette]

I do steel cut oats in the Instant Pot. Easy

I have a canister of those oats as well. One of these days I'll try some in the IP

Had a good time meeting up with CM and WTB at PB today. Bought the CZ 1911 from CM and after we all talked for a while WTB and I went in and shot for an hour.

I think the Silencer Shop Kiosk will finally get me into suppressors. I have some studying to do on that.

Good seeing you and CM today. Of course, what was waiting in the mailbox when I got home? The mounting plate for my optic...

 

[mcapo]

Are you guys doing individual trusts per suppressor, have a trust set up for them all or simply getting them as an individual?

Individual since I was only going to buy one but now that the number is expanding, I am thinking a trust is the way to go especially with family.

 

[Birds Away]

I'm planning on going the individual route when I jump on board.

I thought that was an either/or type of thing.

 

[Trigger Time]

I thought that was an either/or type of thing.

Na you can do each item however way you want.
So you could have 1 suppressor just in your name, and another in a trust name with several co-trusties or none and add or subtract later.
But if you do one as an individual only then if you ever want to add it to a trust then you have to pay the $200 stamp again.
Trusts just give you so much more flexibility.
You can also add trusted friends and loan them your class3 items on a trust.

 

[wtburnette]

Well, optic is now mounted and ready to be sighted in...

 

[mcapo]

Na you can do each item however way you want.
So you could have 1 suppressor just in your name, and another in a trust name with several co-trusties or none and add or subtract later.
But if you do one as an individual only then if you ever want to add it to a trust then you have to pay the $200 stamp again.
Trusts just give you so much more flexibility.
You can also add trusted friends and loan them your class3 items on a trust.

Question born of ignorance:

If you make a purchase as individual and later want to transfer that item to your trust, you have to submit for another stamp?

 

[Areoflyer09]

Well, optic is now mounted and ready to be sighted in...

Very nice! First impressions?

 

[Leadeye]

Nobody in my family is interested in my NFA stuff, when time gets short I'll just sell it.

 

[Trigger Time]

Question born of ignorance:

If you make a purchase as individual and later want to transfer that item to your trust, you have to submit for another stamp?

Yep. I edited my post to put that part in bold.
It sucks. They get you. The NFA needs repealed.

 

[Trigger Time]

Nobody in my family is interested in my NFA stuff, when time gets short I'll just sell it.

dang, that sucks.

 

[Leadeye]

dang, that sucks.

Not really, I've thought about having a auction and providing free bourbon.

 

[churchmouse]

Nobody in my family is interested in my NFA stuff, when time gets short I'll just sell it.

That’s just crazy man.

 

[wtburnette]

Very nice! First impressions?

Looks great. I'll know more once I sight it in on Saturday.

 

[Leadeye]

That’s just crazy man.

You can't take it with you, we are all just temporary caretakers of this stuff. Last time the sons were here we talked about grandma moving to assisted living. I don't think any of those places let you have firearms, but don't know for sure.

 

[Trigger Time]

Not really, I've thought about having a auction and providing free bourbon.

Mmmmm

 

[Hoosier45]

Trust here. Did it so my family could own them if anything happens to me. My wife has no interest. My kids have minimal interest.

 

[Hoosier45]

So if you had an NFA item you wanted to sell to a friend, and he didn't want to pay for a stamp, you could add him to your trust? Then although it changed storage locations, he wouldn't have to get a stamp, because it was still the property of the trust? If he was someone you trusted like family. Better than most family.

 

[Hoosier45]

Or do all items have to be stored at the address on the trust?

 

[Trigger Time]

So if you had an NFA item you wanted to sell to a friend, and he didn't want to pay for a stamp, you could add him to your trust? Then although it changed storage locations, he wouldn't have to get a stamp, because it was still the property of the trust? If he was someone you trusted like family. Better than most family.

Yes, the items can be stored with members on the trust. As long as they can be brought back to the trust location.
Im not sure if there is a official amount of time for this. You'd have to ask a lawyer. But unless you told someone or wrote it down when they took possession no one would know how long they had it. Another benefit of a trust. "NUNYA" AKA none of your business
Its meant to keep things private.
But yes, if they are on the trust, they can be in possession of any of the trusts property as long as they are of legal age and a proper person.