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madville

(7,858 posts)

20. If the items are owned in a trust

Reply to LiberatedUSA (Reply #12)

Sat Jan 22, 2022, 06:02 PM

Jan 2022

The other family members in the house may already be co-trustees and the items simply stay with the trust and whoever is in it.

If the are owned directly by the individual, the items should be in possession of the executor of the will or estate until the designated beneficiary or heir is approved to take possession. They have to submit all the normal paperwork but can apply to have them transferred tax exempt, so no $200 fee per item again.

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Many New Gun Owners [View all] LiberatedUSA Jan 2022 OP

Nor will those inherited weapons be necessarily federally registered. no_hypocrisy Jan 2022 #1

Only Class 2 and Class 3 guns are federally registered to begin with NickB79 Jan 2022 #3

Here is my question on that. LiberatedUSA Jan 2022 #12

If the items are owned in a trust madville Jan 2022 #20

$200 tax is not required madville Jan 2022 #19

Almost none will be federally registered SYFROYH Jan 2022 #5

That is a huge problem for those unfamiliar. LiberatedUSA Jan 2022 #6

add me to the list, pro grade glue gun Shellback Squid Jan 2022 #2

"it holds 5 sticks"... is that legal? Is it an automatic or semi auto?😉..nt.. mitch96 Jan 2022 #15

No guns in my household, but my dad, as a flyer in WWII, had a Colt 1911 pistol issued to him. panader0 Jan 2022 #4

When my wife and I wanted to have children, she said I had to spike jones Jan 2022 #11

As it turns out my FIL died of COVID and we inherited an old S&w SYFROYH Jan 2022 #7

My WW2 era Pop "found" a flair gun that was used on a lifeboat. I got it when he died mitch96 Jan 2022 #16

That is very impressive SYFROYH Jan 2022 #21

Who needs 'em? (n/t) PJMcK Jan 2022 #8

On the average, they would fall into the hands of more responsible owners I would think. brewens Jan 2022 #9

Not everyone who dies of. covid is an idiot Hangingon Jan 2022 #13

There are different levels of idiocy, but an idiot is an idiot is an idiot. Antivaxers, for example Progressive Jones Jan 2022 #17

I look at it another way. llmart Jan 2022 #10

Maybe destroy them instead of putting them back in to circulation? maxsolomon Jan 2022 #14

That's what happened to all the old guns in my family... hunter Jan 2022 #18