Well I guess I'm not saying all basic DIY trust. I was just saying that particular one seemed extra basic. Most the horror story's are in regard to trustees and beneficiaries (which now that I think about it, I don't have any) I guess I'm just still on the fence. I have absolutely not one "real" correct reason for creating a trust to place property in. I've almost talked myself to death from both sides to the point of almost saying leave the dang thing as a pistol.
Assumption:
Lets assume that I get the receiver on the 8th. I then (fully documented) built the receiver into a pistol. Fill out and print my form 1, take it over to the PD and get it signed, get my fingers inked. Take the form 1 attach a mug shot. Then take my lower to be engraved, with the lower in hand correctly engraved an form 1 matching. I mail the form. I get approved and receive my tax stamp.
Question:
Years or even months down the road, I decide I'm going to add a couple SBRs a few more suppressors and who knows what else. And I decide to create a trust can I place that NFA item in the trust without refiling another form 1 and paying a 2nd tax stamp on the same firearm?
Assumption:
Lets assume that I get the receiver on the 8th. I then (fully documented) built the receiver into a pistol. Fill out and print my form 1, take it over to the PD and get it signed, get my fingers inked. Take the form 1 attach a mug shot. Then take my lower to be engraved, with the lower in hand correctly engraved an form 1 matching. I mail the form. I get approved and receive my tax stamp.
Question:
Years or even months down the road, I decide I'm going to add a couple SBRs a few more suppressors and who knows what else. And I decide to create a trust can I place that NFA item in the trust without refiling another form 1 and paying a 2nd tax stamp on the same firearm?
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