AR Sponsor
Posted: 6/23/2007 9:43:13 PM EDT
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your shit.........We all been stacking ammo to the rooftops in light of current shoratages and extreme pricing and if you dropped dead tomorrow what happens to your stash? I guess the same goes for your guns and a lifetime of shooting items.If that happens to me my wife probably once she discovers how much I spent over the last six months or so may have me exhumed and put me out for the crows in the back forty. Been thinking on it as my daughter does not shoot and little family to leave anything to and most of them do not shoot or have the interest and she would just probably keep a deer gun and a rat getting shotgun.Does my wife hook up with one of my old buddies and been buying for him lately or maybe the $50 yard sale buy posted recently here and she would then peddle it all cheap......That thought alone makes me want to start living clean and healthy! |
Dunno. I don't have a spouse or any kids. My parents are into shooting (mom doesn't like guns). Should my untimely demise occur, I would like them to go to a buddy of mine. He has more than me, but we can always use more guns and ammo -especially with the cost. You have taken the first step. May be something you want to think about. If nothing else, assemble a price list of approximate value of the items you have or give a way to find the value of your ammo/guns/gear when you do make the trip into the great unknown so that a proper monetary amount can be acquired once you pass. Or, you could simply be buried with it 
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My kids will get it. If they don't want it, it will go to one of my brothers. I would suggest you get a will with explicit instruction on what you want to happen with your weapons. Pre-filled out form 5's for NFA stuff and a listing/location/ price of your stash. I would advise against letting the wife find out the price until your dead, or you might get there a lot quicker. ETA have a viking funeral pire, with all your ammo. 
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| Funny that you ask I just used Willmaker 2007 to put all my guns and ammo on a revocable living trust. My two sons are the beneficiaries and my wife will be the custodian until they become 21 years old. Tomorrow I will notarize it to make it official. I had the guns, ammo, and all our assets on a join trust with my wife, but we decided to move the guns to a trust of their own. An extra benefit or having a trust, is not needing fingerprints and CLEO's approval to get NFA articles. |
If you have any property, especially REAL ESTATE, take my advice and create a living trust. This is a way of creating a sort of holding entity (not a corporation), that is controlled by the trustees. YOU and your wife are trustees while you are alive and competent. When you both die, whoever you have designated as a surviving trustee becomes the trustee of the trust. This gets your property out of the .gov's hands, as with a will, they have to go through probate. (Wills have to be probated in many states, even if they are valid and uncontested. If they are contested... hell, let's not go there.) My parents, God bless them, did this with all their property. No lawyers, no judges, etc. were involved at all*! We divided their property according to their pre-arranged instructions, and that was that. *The attorney who prepared the trust provided the trustees a complimentary visit to explain everything, and didn't cost us a cent. |
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