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11/29/2009 9:55:19 PM EDT
Ok, so here goes:

I'm planning on getting a GSG5PK in December and I want to SBR it, and then get a Can,(I also have several other 22's that this can will go on as well),( I also want to SBR and AR in the future)

I'm in the USCG and am transferring from Juneau to an Air Station in Sitka, where I will be for 4 months before going off to school in NC for another 4 months, before I go to another unit where I will be for at least 4 years.

1: Would it be best to go individual or Trust? My wife will be in possession of all of my Firearms while I am in NC, and she will most likely be flying to FL to stay with family for that time. I really don't plan on getting the Can till after I get out of school. I'm thinking the Trust will be the better route so I can legally leave my SBR with her while in NC.(I plan on putting her in the trust if go that direction)

2: How long does it take to create a trust and get it approved or w/e?

3: If I get my Form 1 back for the GSG SBR while at school, would it affect anything? since I wont have my firearms with me while at school and it would be a few months before i could actually get the stock and fore grip put on.

4: If you do recommend a trust, how do I set one up, what are the prices involved and would you recommend a good lawyer for doing so and who?

Im sure I'll have more questions but that's all I can think of right now.

Randy

PS: sorry for the longish read. and thanks
12/2/2009 2:33:58 PM EDT
[#1]
Nobody?
12/2/2009 2:52:15 PM EDT
[#2]
If you want your wife to hold onto your NFA items then it would be best to go the Trust route and put her on the trust. Lawyers usually charge like $500 or so to get a trust made.
12/2/2009 2:53:44 PM EDT
[#3]
Well, individual is cheaper, but if the wife wants to play with them you need a trust (otherwise keep it secured so she can't reach it).  I had 2 individual form 4s this fall for cans be approved in 59 & 49 days, respectively, with 110 for a form 1.  Establishing a state of residence could be an issue; I'd wait til your 4 year duty station and pray it's not a commie state as traveling across the country to pickup a toy adds a lot of cost and cancels out whatever bargain you thought you got.  An approved Form 1 is simply the approval to manufacture, so you can sit on it a while before you actually assemble your new toy.  I think a trust runs about $500 for a NFA lawyer to do it, as stated by other arfcomr's - I don't know as I go the individual route.

HTH
12/2/2009 3:07:05 PM EDT
[#4]
Or you can go llc/corporate and have her as a partner or employee.
12/3/2009 10:28:14 AM EDT
[#5]
Or you could buy willmaker for $30 and make your own trust which may actually be cheaper than paying for pictures and fingerprints going the individual route.
12/3/2009 2:43:43 PM EDT
[#6]
1. Individual is always better, just lock the GSG5 in a case kept inside your safe and take the only keys with you to your training.  As long as you maintain residency at that location (most likely you will, .mil guys love to claim Alaskan residency), you're fine.

2. Depends if you know a lawyer with one already drawn up or use Willmaker (at your own risk) or have to have a lawyer start from scratch.

3. No, there is no time limit for conversion upon reciept of a Form 1.  You can return the Form 1 for a complete refund within about a year of it being approved, but after that the ATF will consider the gun to have been made.

4. I do not recommend a trust.



Quoted:
Or you could buy willmaker for $30 and make your own trust which may actually be cheaper than paying for pictures and fingerprints going the individual route.
Remember the H&R Block 'Why dont you ask the box?' commercials from around tax season?  Thats what its like when the ATF has some serious questions about your Willmaker trust's legality in your situation, you're on your own.

Kharn
12/3/2009 4:06:22 PM EDT
[#7]
You realize the GSG5 is not longer being made and supply is limited to what is currently here in the US? And who knows what the future hold for spare parts etc.

On the other hand, Umarex will soon be releasing a MP5SD clone that is HK licensed:

http://www.onpointsupply.com/cart.php?page=umarex_heckler___koch_hk_416__mp5__and_mp5_sd_22lrs_for_sale
12/3/2009 6:16:55 PM EDT
[#8]
Just did a trust with will maker, first suppressor . I would go that route. Now the wait.
12/3/2009 9:16:53 PM EDT
[#9]
I have no idea why so many people think individual is better.....trust is better because it allows more people to possess the weapon.
12/4/2009 8:44:02 AM EDT
[#10]
Quoted:
I have no idea why so many people think individual is better.....trust is better because it allows more people to possess the weapon.


because there is no maintenance on individual ownership, you actually own the item instead of a paper entity, individual is tried and true .. trusts are getting a lot of scrutiny, and trusts are worthless in MO.  
my sheriff signs everything I give him .. getting fingerprinted isnt that big of a deal.
furthermore .. lets play devil's advocate - lets say a marriage goes south ... which one seems like the easier, less complicated route?  individual or trust?  If she is on the trust .. she can take the guns and leave and there isn't **** you can do about it ..

individual is just so much simpler in the long run.
12/4/2009 8:53:04 AM EDT
[#11]
Quoted:
I have no idea why so many people think individual is better.....trust is better because it allows more people to possess the weapon.


and you are also assuming that people want more people to possess the item .. I don't trust very many people with that level of security.
12/4/2009 12:37:27 PM EDT
[#12]
Quoted:
Quoted:
I have no idea why so many people think individual is better.....trust is better because it allows more people to possess the weapon.


because there is no maintenance on individual ownership, you actually own the item instead of a paper entity, individual is tried and true .. trusts are getting a lot of scrutiny, and trusts are worthless in MO.  
my sheriff signs everything I give him .. getting fingerprinted isnt that big of a deal.
furthermore .. lets play devil's advocate - lets say a marriage goes south ... which one seems like the easier, less complicated route?  individual or trust?  If she is on the trust .. she can take the guns and leave and there isn't **** you can do about it ..

individual is just so much simpler in the long run.


Ditto.  Once I figured out my sheriff will sign my Forms, the individual route was the way to go for me.  My guns are mine, and if my wife or daughter wants to shoot them, I must, and will be present.  They have no business with them otherwise.

There is nothing hard about the individual route - I take a picture of myself and attach it to the PDF on the computer, run off some color copies, 2-3 day wait for sheriff signatures, $5 for fingerprints, and drop everything in the mail.
12/5/2009 4:14:27 PM EDT
[#13]
In Anchorage it's a PITA to go individual. Before the CLEO ill sign off they want an interview. You must also posses a CCW permit. Sucks fr people who don't have on as it's extra they have to dish out for a class and then it's more time waiting.
12/5/2009 7:29:57 PM EDT
[#14]
Quoted:
Quoted:
I have no idea why so many people think individual is better.....trust is better because it allows more people to possess the weapon.


because there is no maintenance on individual ownership, you actually own the item instead of a paper entity, individual is tried and true .. trusts are getting a lot of scrutiny, and trusts are worthless in MO.  
my sheriff signs everything I give him .. getting fingerprinted isnt that big of a deal.
furthermore .. lets play devil's advocate - lets say a marriage goes south ... which one seems like the easier, less complicated route?  individual or trust?  If she is on the trust .. she can take the guns and leave and there isn't **** you can do about it ..

individual is just so much simpler in the long run.


There is no maintenance with a trust either.  I always hear people say trusts get a lot of scrutiny but I never see it.  I live in Dallas County Texas where no CLEO will sign and everyone here does it the trust route and I have never even heard of anyone having a problem.  I am also a lawyer and have never heard of anyone having any issue.  And if something happens and your marriage goes south....amend the trust and take her off as a trustee it is about a half page document and she can no longer legally possess the weapon.  

I will concede that trust are useless in MO.....but other than that they are a much better route and allow for much more flexibility...especially if you ever want a friend of family member to use the gun when your not around.I know DS762 doesn't trust anyone else to possess his, but if my dad or my brother wanted to take it out without me....I wouldn't have an issue and that is the beauty of the trust.
12/6/2009 11:39:20 AM EDT
[#15]
Willmaker 2009

I heard the 2010 version does not create trusts or charges extra for it.

I bought Willmaker 2009 on ebay for ~$20

the only pain with it is it names the trust whatever you put but tacks "Revokable Living Trust" on the end this would be a long name to engrave.

So you can export it to Word or other programs and change the name to whatever you want.  You just have to make sure you go through the whole document and change it everywhere.

That worked great but then some spacing/formatting issues came up because of the location of the page breaks on the page that has to be notorized.

Total time counting software install and formatting less then 1hr.

Had it notorized Saturday!!!
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