What happens to your guns in event of your demise?

It's pretty clear which of our kids are gun-guys and those that aren't. Gun-guys get all of the guns, the non-gunners get all the gold in Ft. Knocks.
 
Personally I would have them, along with the ammo and parts go to people you know will use and appreciate them. This doesn't have to be limited to family. I would do this verses selling them or donating to a charity where they would be sold. Guns are special thing for me, one which I don't think of in simple monetary terms.
 
Sold or used to attract another mate. Same will happen with her diamonds if she goes first. Too bad shoes and purses don't bring a big return.
 
My son is a gun guy like me he is also a hunter . My son will be 50 years old this next year . I have gave him nice guns the last 5/6 years two or three each year . Indiana let us use Rifles to hunt deer now I gave him a Ruger Number one in 30-06 and a Weatherby old Model Made in California Southport I think also 30-06 . I also load most of his ammo he has little interest in loading (for now) . I also gave him a nice old Browning sidexside 20gr i just remember that . This is what we do out of love because we can .
 
OP You’re a year older than me and while I don’t have a large collection, I plan to leave a few to my kids(their wants) keep what I need to hunt and CC and liquidate the rest, converting that money to gold and silver.


Sent from my iPhone using Tapatalk
 
My wife says Longaberger is going out of business so we expect a big upside on baskets[emoji6]


Sent from my iPhone using Tapatalk
 
Sadly - gun ownership in my family dies with me.

Since that's the case, I'm planning on selling most of mine & just using the money to have fun.
I'd much rather do that than see all of them sold just so my wife could pay for my medical bills.
 
Guns, what to do

Guns, what to do: Lacking a crystal ball something needed to be done now. Back in the day when I was in business it was not unusual to see this drama played out.

Drama #1: Liquidating an Estate- Melvin comes into store. Irving, before he died agreed to sell me his Parker A1 Special for $500.00. The last actual example was an old long barrelled Ruger Flattop 44 Magnum in 99% condition. The sharks will circle.

Drama #2: Already addressed but this happens. How much significant other was told gun cost was the then selling price. Deceased may roll in the grave.

What I did: Made a comprehensive list of firearms with serial numbers. Also included anything special about the gun. Next I specified in my will who was to dispose of these items. Two guys with great experience and integrity were named in will. Also have a person who was to take care of disposing of reloading gear. I won't be around. I can do my best to take care of my survivors while I'm on the green side of the grass.
 
Last edited:
She stopped buying Coach years ago. Something about MIM parts or cheap quality. LOL She does say their quality has gone down hill.
 
No biggie. My brother and his fiancee are shooters, so they'd put them to good use. The fiancee also has some FFL's in the family, so they could figure out what do with anything unwanted.

If I were in a more difficult position, I'd think about liquidating most of them. Sounds like that could buy a few crazy vacations, maybe some kind of interesting vehicle, or fully fund some new hobbies. Or, it could make for some stocks or bonds to pass on.

For the remaining firearms, I'd want to keep an updated spreadsheet printout in the safe as a guide for value.
 
Here's what I have done. I only have one child. My child will likely not want all of my guns and my wife has an interest in only a couple of them. So, I have done several things:

1. I keep an updated log of all of my guns, explaining why I bought them, how much I paid, serial numbers, and estimated values as of a particular date. I am in the process of incorporating photos of each gun into my log so that they can be easily identified.

2. If there is something special about a particular gun, I will also tag that gun and write a note on the tag (these would be collectible guns that I mostly don't shoot)

3. I have told my wife (and this is in my log too) that any guns she or my child does not want should be auctioned off at Rock Island Auction; and I've left contact information for RIA in my log. I have attended auctions at RIA and I really like the way they are run.

If/when I have grandkids, I will probably need to update this a bit, but that is my procedure.
 
Placed in the pyramid with me.
"...have a formal will or living trust prepared..." Like Frank says. If you don't the government will decide who destroys your property. At least, that's how it works, up here. Have no will and they decided everything. Your's will have no say in any of it.
Have a will and the executor gets to deal with it.
 
Being on the flip side of the coin, I'm 38, my Dad is 70. He has some guns, but none that are terribly valuable, his "collection" is very pragmatic, only useful stuff save for one really, that being his remington target master that his Dad gave him. Well I have that rifle already as well as My Dads 1974ish winchester 30-30, the first rifle I ever shot at 5 years old, I still remember that clear as day. So, not much of a collection, as I said, strictly pragmatic, non the less it was Dads. All that being said My Pops asked me a few years back if I'd like any of his guns, of course I said sure but no need to rush. What I DO very much want are his service medals from his time in the war in Vietnam. Best thing is ask the kids, maybe they ho-hum now, but as time inevitably marches on they may grow closer to the idea of have one or two of Dads guns. The rest, are just things, perhaps you could sell them now and enjoy the proceeds with your family in another way.
 
Thanks for the replies. I see I am not alone in this situation. I do have a will but not specific to my firearms. I do like the idea of cataloging them with the history . Maybe I will sit down with my children and see if there are any that they would like now.

Maybe they would be interested in some of the older ones for their historical value.I will have to give this more thought. Hopefully I have plenty of time to decide.
 
I’ve instructed my wife to keep what she wants, which will likely only be a couple of pistols. Then, a couple of my select friends who are still kicking get a chance to chose whatever they want. The remainder will go to my friend who owns our LGS to be sold on consignment with the proceeds going to my wife.
 
My 2 kids aren't much interested in my collection. My son wants a revolver, 1911, hunting rifle, an HD shotgun, and my over under trap gun. He says hell never want another gun after that, My daughter is only interested in the old British mail coach blunderbuss because its cute. The rest will be going too my brothers kids. 3 of them like shooting and fortunately 1, a Marine artillery captain, is a lover of antique U.S. military firearms. Oddly enough they heaved been my collecting love for 55 years now son I at lest have somebody who cares about them and there history as much as I do. because he does I am fleshing out the collections history and being sure he knows what they are, what I was given from my grandfathers collection and what I collected. If my kids get pissed about so much of the estate value going to some one else tough I've talked to both of them several time and told them I really don't want them just sold off for the money.
 
You must log in or register to reply here.
Back
Top