New to me info about NFA estate planning

[Binky98]

Living through the other side of this, I can guarantee those left behind will appreciate it. When my Dad passed away I knew one of the first tasks was to get his SBS taken care of. It took chats with 2 different law enforcement agencies and 2 different ATF offices to get a legitimate path forward for what to do next. He has been gone 3 months now and I can tell you it still isn’t fully resolved.

I can tell you if you end up in this situation first find a buddy or family member that can store the barrel ,provided they do not have a host action and it is removable, while you hang on to the action. This prevents any issues around ‘intent to assemble’ while you get the particulars squared away.

 

[bigfug]

To me, the benefit of being able to share/loan/co-own NFA items is the real benefit. Since my kids are on mine, it doesn't change anything financially, either way they dont have to pay for the stamp, but they dont have any hoops to jump through, they just take possession and remove me from the trust. Just one less thing for them to worry about when the time comes. But in the meantime, if my brother wants to take my sbs shooting, he can since he's on the trust and vice versa, we dont always have to be together. A trustee rather than the individual is all that has to be there.