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Rifles, Reloading, Optics, Equipment
Suppressors
Suppressor purchasing process advice
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<blockquote data-quote="Munch" data-source="post: 2745611" data-attributes="member: 36823"><p>Very true, NFA Branch wants to see that the trust indeed exists. Yet, Branch will look at the trust to ensure it complies with your state and local laws. Failing such, they can deny the application.</p><p></p><p>That is great that CO allows for the transfer of assets to a trust upon one's death. I think that is very unique and unusual. Generally, all assets are immediately frozen upon one's death unless held jointly (ie., bank, investment accounts), such as with a wife or husband. Moving titled/deeded assets to a trust is time consuming because of the paperwork involved due to name change and possible taxes/fees owed for transferring such.</p></blockquote><p></p>
[QUOTE="Munch, post: 2745611, member: 36823"] Very true, NFA Branch wants to see that the trust indeed exists. Yet, Branch will look at the trust to ensure it complies with your state and local laws. Failing such, they can deny the application. That is great that CO allows for the transfer of assets to a trust upon one's death. I think that is very unique and unusual. Generally, all assets are immediately frozen upon one's death unless held jointly (ie., bank, investment accounts), such as with a wife or husband. Moving titled/deeded assets to a trust is time consuming because of the paperwork involved due to name change and possible taxes/fees owed for transferring such. [/QUOTE]
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Rifles, Reloading, Optics, Equipment
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Suppressor purchasing process advice
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