The Firing Line Forums - View Single Post - The myth that owning and shooting a Machinegun is unaffordable

johnwilliamson062 · September 21, 2016, 07:58 AM

I think the no inheritance comment assumes no sales or other transfers either.

Trusts are not the same as corporations. The trust does not own its assets. The trustee does. It still needs to be transferred to the trustee.

September 21, 2016, 07:58 AM	#58
johnwilliamson062 Junior member Join Date: May 16, 2008 Posts: 9,995	I think the no inheritance comment assumes no sales or other transfers either. Trusts are not the same as corporations. The trust does not own its assets. The trustee does. It still needs to be transferred to the trustee.