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The Range
NFA & Class III Discussion
New to me info about NFA estate planning
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<blockquote data-quote="bigfug" data-source="post: 4391246" data-attributes="member: 4864"><p>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.</p></blockquote><p></p>
[QUOTE="bigfug, post: 4391246, member: 4864"] 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. [/QUOTE]
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New to me info about NFA estate planning
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