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Old June 4, 2007, 08:27 PM   #26
DouglasW
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Join Date: August 19, 2006
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With the Coporation or Trust, what happens to the NFA goodies you bought after you die? Do you need to have more than one person named in the corporation so that ownership of the NFA items can be maintained...without them ending in probate?
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Old June 4, 2007, 08:33 PM   #27
LeftHander
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Would using this method work in Calif? I've heard that the only ones who can get them here are classIII dealers and the movie makers. Being able to bypass the local anti-gun LEO's would help. Even with muffs and plugs, my ears seem to get more sensitive to gunfire as I age.

Will
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Old June 6, 2007, 07:30 PM   #28
Syntax360
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You specify who the trust will be transferred to in the event of your untimely demise...
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Old June 6, 2007, 09:25 PM   #29
PAR
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After you pass on, the person that you leave the items to completes a form 5(provided they can legally own one) and the items are transfered to them without any additional taxes.
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Old June 7, 2007, 11:00 PM   #30
PAR
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Lefthander,

Not sure if you found out or not but no-go in CA.
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