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This thread seems to have been dead for awhile (and, heck, I haven't been around for awhile either...), but it's very important to remember a couple of things about transferring Title II items from dead guys.
1. The dead guy doesn't own the gun any longer -- it's owned by the estate of the dead guy. Any paperwork that the dead guy filled out to transfer the Title II device would be null and void. One of the legal types (Bardwell?) posted info on this a few months back.
2. Wills and explicit instructions on how to determine value and transfer items are extremely important. My will says something to the effect of this:
"x, y, & z family members have first right of refusal to transfer item into their personal collection. If family members do not express interest in acquiring item, value of said item shall be determined by three independant evaluations of current Title II firearm dealers (dealer1, dealer2, dealer3, or others tbd). Items will be sold in auction fashion, etc., etc., etc."
Or something like that.
my $0.02.
danbrew :->
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