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by KLB
Sun Aug 11, 2019 9:04 am
Forum: Off-Topic
Topic: Moving my guns to a trust, but not an NFA gun trust
Replies: 5
Views: 3307

Re: Moving my guns to a trust, but not an NFA gun trust

Bushwhacker wrote: Fri Aug 09, 2019 5:58 pm Personally I would be more concerned about the primary residence than two firearms. PROP § 42.002
You are, of course, correct.
by KLB
Fri Aug 09, 2019 4:49 pm
Forum: Off-Topic
Topic: Moving my guns to a trust, but not an NFA gun trust
Replies: 5
Views: 3307

Re: Moving my guns to a trust, but not an NFA gun trust

Also ask the lawyer whether you are turning an exempt asset into a non-exempt one. This bears upon whether the guns could be taken in partial satisfaction of a judgment entered against you.
by KLB
Fri Aug 09, 2019 4:47 pm
Forum: Off-Topic
Topic: Moving my guns to a trust, but not an NFA gun trust
Replies: 5
Views: 3307

Re: Moving my guns to a trust, but not an NFA gun trust

Ask the lawyer preparing the trust to look into that.

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