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The executor of your estate would hold them until the form 5 is approved. If the executor is also the heir they can take possession immediately.
Personally I would file the forms then leave them in a safe until they're approved even if I was both the executor and heir. I don't trust field agents to know the law.
Good to know, even though all of mine are in a trust. I would have thought that it was going to be a way for the government to either get more of our hard earned money or to be able to remove NFA items. I don't expect law enforcement to be able to know all of the laws, they tend to know the ones they deal with the most. In years past I've asked a number of different LEO's about how to carry a pistol if one didn't have a CCW license (I've had mine for well over 20 years) and I always got different answers.The executor of your estate would hold them until the form 5 is approved. If the executor is also the heir they can take possession immediately.
Personally I would file the forms then leave them in a safe until they're approved even if I was both the executor and heir. I don't trust field agents to know the law.