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Thread: Well THAT Was Easy!

  1. #61
    Quote Originally Posted by Erick Gelhaus View Post
    Hayzus Christo ...
    Right? Now I’m on the hunt for .45-70 and .30 cal cans.


    Sent from my iPhone using Tapatalk

  2. #62
    Site Supporter
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    Jan 2012
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    Quote Originally Posted by entropy View Post
    Next time for me I’m going to do another individual but use an electronic fingerprint file like has been discussed here. The entire Trust thing seems to have been outgrown by technology, at least for my circumstances. If someone besides myself is playing with my toys, I’m going to be there. And if I’m not, there are much bigger issues going on. When I finally move on to become a “forever dem voter”, I’ve set up a folder “dead”icated 🤪 to who I want to have it. I won’t even loan out a .22 rifle, let alone an NFA item, so the idea of passing a can or SBR around like a female college acquaintance is never going to occur.
    This is kind of my feeling about it too. I built my trust for deployments and for death beneficiaries and while I don't have many NFA items compared to others it just seemed like the answer at the time. Also as I look at passing the 90 day mark this week, for my single RP trust eform4 that hasn't been approved yet, its starting to feel like the way of the future.

  3. #63
    Site Supporter HeavyDuty's Avatar
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    Sep 2016
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    Not very bright but does lack ambition
    I’m 15 years older than my wife, and she already had the grief of having to dispose of her late husband’s very extensive gun collection. I wanted to make things easy for her, so I did a trust.
    Ken

    BBI: ...”you better not forget the safe word because shit's about to get weird”...
    revchuck38: ...”mo' ammo is mo' betta' unless you're swimming or on fire.”

  4. #64
    Ready! Fire! Aim! awp_101's Avatar
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    Sep 2017
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    DFW
    Just to recap and see if I've got this straight in my head:

    1. Currently individual eforms are clearing faster than trust eforms, even single person trusts.
    2. Items approved as an individual can be added to a trust later but it's another $200 per item.
    3. Additional persons can be added to a trust afterwards without needing to provide prints and photos but they will need to for any future purchases unless they are dropped from the trust beforehand.


    IIRC it used to be using a trust was a way to get around the CLEO sign off. Is that still true?

    Is a CLEO sign off still needed for an individual or is it just a courtesy notification now? I thought I remembered some kind of change like that within the past few years.
    Last edited by awp_101; 07-15-2024 at 05:59 PM. Reason: spelling is FUNdamental.
    Nothing so needs reforming as other people's habits - Mark Twain

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  5. #65
    Member
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    Mar 2011
    Location
    FL
    Quote Originally Posted by awp_101 View Post
    Just to recap and see if I've got this straight in my head:

    IIRC it used to be using a trust way a way to get around the CLEO sign off. Is that still true?

    Is a CLEO sign off still needed for an individual or is it just a courtesy notification now? I thought I remembered some kind of change like that within the past few years.
    CLEO is just a pro-forma notification now. The CLEO has no say in approval. I think you are right that trusts were a way to avoid dealing with CLEO before the new rule took effect.

  6. #66
    Ready! Fire! Aim! awp_101's Avatar
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    Quote Originally Posted by Andy T View Post
    CLEO is just a pro-forma notification now. The CLEO has no say in approval. I think you are right that trusts were a way to avoid dealing with CLEO before the new rule took effect.
    Thanks, it's nice to see my memory still has a little life left in it!
    Nothing so needs reforming as other people's habits - Mark Twain

    Private signature line - do not read

  7. #67
    Site Supporter
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    Jun 2012
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    ABQ
    I went the trust route a few years ago when it was the easy button, before the new rules. The only difference now is the Mrs. getting and photos.

    I am very happy with my trust and even happier with the "how to use this trust" document that came with it. At the atty's suggestion I got a checking account for the trust, and I believe it has only had checks written to the Bureau of All Things Fun and Exciting. I did get a debit card for that account which makes Gunbroker a little more dangerous, and buying uniforms (range clothes?) and firearms parts and accessories with my annual uniform allowance makes tracking spending super simple. Also gives me a place to stash funds for firearms, ammunition, and accessories on a regular basis without the Mrs. being too aware.

    Also, the trust is an estate planning tool. There will be money set aside to "assist" Co-workers in the event my kids can't/don't want to deal with NFA items.

    pat

  8. #68
    Member entropy's Avatar
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    Apr 2012
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    Far Upper Midwest. Lower Midwest When I Absolutely Have To
    Gonna steal that acronym. Thankyouverymuch!
    Working diligently to enlarge my group size.

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