Suppressors Trust question

[Jackalope33B]

On my trust, I am the sole Trustee and my brother is the Beneficiary. IF I wanted to add my brother as a Co-Trustee and add someone else as a Beneficiary how hard would that be? I already have Title II items on my trust. If I were to edit it, would my brother be able to possess the Title II items that were on my Trust prior to making him a Co-Trustee?

 

[corey4]

Re: Trust question

call your lawyer, unless you did a quicken.

and for those you wondering if a lawyer was worth the $650, then in the OP's case, yes.

 

[Jackalope33B]

Re: Trust question

Lawyer went out of business.

 

[K_4c]

Re: Trust question

(My reaction to last two comments) Ha!

Hope you didn't spend that $650.

 

[Strykervet]

Re: Trust question

I am not a lawyer, but I do have and did research trusts before sitting down with a room full of lawyers and getting one. I'm still waiting on my first suppressor (any day now he says...!). So take what I say with a shaker of salt, umkay?

Depends on the kind/type of trust. My wife is co-trustee, and she is on the same page as me (but can operate independently of me) but she also has her own pages, as do I, that were notarized at the lawyer's office making both her and I trustees. I would imagine you'd need to go to a lawyer to do this. I don't think you can just make someone else a trustee just you yourself being a trustee and do it right and feel good about it unless you know an awful lot about this, in which case you wouldn't be posting on here.

Who, if anyone, took over your old lawyer's business? Did he maybe sell the files or recommend clients elsewhere? Can you find out?

If not, you may need to contact a new lawyer. You say you are in FL. Did you try contacting Goldstein? He's real big into this, helped get it going nationwide and made it popular. I've talked to him, he's pretty helpful, and I'm all the way up in WA. He recommended lawyers here. Now I wouldn't imagine it shouldn't be the full price the second go around (negotiate!) since it is already done, I don't know, but it won't be free either of course. Whatever, I guess it would be worth it to do this right.

As for adding a beneficiary, I have a gundocx. trust and I can add or remove lifetime beneficiaries as I like. Now as to what you trust them with is up to you, and though you have your ass covered, they may still get messed with and they still may get your suppressor or whatever locked up. Either temporary or forever, who knows. I wouldn't let it out of my sight, and make them beneficiaries just for use at the range, and just for cya.

Good luck! And definitely, find a good lawyer.

 

[Strykervet]

Re: Trust question

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: K_4c</div><div class="ubbcode-body">(My reaction to last two comments) Ha!

Hope you didn't spend that $650.</div></div>

I spent around that and it was worth every penny. You only need the lawyer to make changes to the trust itself, to be sure you don't render it useless.

My trust is worth as much as the weapons in it are I guess. I have to go through minimal BS to get NFA items and have more legal protection than just doing it the old fashioned way. I also don't need CLEO signatures or pictues or fingerprint cards to get them either, as they belong to the trust which I meerly preside over.

Sure, he got screwed the lawyer going out of business, but I think he can get set straight for, hopefull, a minimal amount if calls around. And I think Goldstein (pretty sure that is his name) would be a good place to start.

 

[blksno]

Re: Trust question

If you did a revocable living trust...edit away, change at will, modify till your blue in the face.

That's pretty much the point.

 

[K_4c]

Re: Trust question

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Strykervet</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: K_4c</div><div class="ubbcode-body">(My reaction to last two comments) Ha!

Hope you didn't spend that $650.</div></div>

I spent around that and it was worth every penny. You only need the lawyer to make changes to the trust itself, to be sure you don't render it useless.

My trust is worth as much as the weapons in it are I guess. I have to go through minimal BS to get NFA items and have more legal protection than just doing it the old fashioned way. I also don't need CLEO signatures or pictues or fingerprint cards to get them either, as they belong to the trust which I meerly preside over.

Sure, he got screwed the lawyer going out of business, but I think he can get set straight for, hopefull, a minimal amount if calls around. And I think Goldstein (pretty sure that is his name) would be a good place to start. </div></div>

I know how the game is played.... And if you paid $650, you got bent over (but whatever makes you feel better bud).

 

[jlaw973]

Re: Trust question

The lawyer I talked with said you could amend a trust as many times as you like, add or remove. Just a matter of filling out an amendment, may not cost anything, but chances are it will be something, but shouldn't be much.

 

[Jackalope33B]

Re: Trust question

Nope, didnt spend $650 for a Trust

 

[TexasGunTrustLawyer]

Re: Trust question

Amend the trst. Add brother and beneficiary

 

[Jackalope33B]

Re: Trust question

Do I have to send a copy to ATF?

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: TexasGunTrustLawer</div><div class="ubbcode-body">Amend the trst. Add brother and beneficiary </div></div>

 

[jlaw973]

Re: Trust question

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Jackalope33B</div><div class="ubbcode-body">Do I have to send a copy to ATF?

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: TexasGunTrustLawer</div><div class="ubbcode-body">Amend the trst. Add brother and beneficiary </div></div> </div></div>

I think just when you make your next purchase, transfer.

 

[TexasGunTrustLawyer]

Re: Trust question

When I prepare an Amendment, i include a letter to the ATF transmitting a copy.

 

[cheshier2]

Re: Trust question

My attorney is charging $300 for NFA Trusts. Contact me if you need one..

 

[King45]

Re: Trust question

Ethically, I can't give you legal advise via this kind of forum, but hypothetically, if you executed a revocable living trust and retained the rights revocation and amendment, then, yes, as the grantor you have the right to amend your trust any time prior to your death of the trigger event of the transfer contained in your trust. After amendment you will need to re-execute the trust and have it notarized. There is some additional language you need to confirm the original trust and its amendment (so that the reader ie, ATF, will understand that it was originally executed on a date prior to the date you are adding your signature at the time of amendment. Best to do these as dead on as you can the first time to avoid amendments, but certainly do-able as along as they comply with your state law. Consult an attorney, even if you end up trying to do it your self.

 

[King45]

Re: Trust question

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Jackalope33B</div><div class="ubbcode-body">On my trust, I am the sole Trustee and my brother is the Beneficiary. IF I wanted to add my brother as a Co-Trustee and add someone else as a Beneficiary how hard would that be? I already have Title II items on my trust. If I were to edit it, would my brother be able to possess the Title II items that were on my Trust prior to making him a Co-Trustee? </div></div>

Forgot to add your quote - see my post.

 

[Strykervet]

Re: Trust question

Yeah, the point of a revocable trust is that you can add and take away people. Adding a beneficiary or removing one is pretty easy. I'd want to talk to someone before I changed the trustees around though.

Mine was actually $500, and the full $500 is refundable if we get a will from them. I think they had a more simple version and it was $250 or $300, but we went with the "silver" package. We should have just went ahead and got the "gold" for about $1000 as that was a full estate plan, including the will and all.

In fact, if I'm not mistaken, one of the reasons it cost more was because it does have two trustees.

Of course you can just write one up yourself. After all, it is just $.0001 worth of paper, what matters is what is written on it. People were going to Legalzoom and shit like that until the ATF started ruling that many weren't legal trusts --but they process it anyway, trust lawyers aren't the ones reviewing your application (though they did increase the training they got in light of all the trusts being used now) so it is up to you to do it right. Think real damn hard about that, because if you made it yourself or you got a budget lawyer or some law student to do it for you, then just because it worked doesn't mean anything. Hell, it may have worked ten times. And then all ten of those items are illegal NFA items.

You can make some shit up, and I'm pretty sure it will work if you use a template and try hard enough. But when some ignorant dipshit Barney Fife wants to make a big deal out of your suppressor and you have to go to court to prove crap, do you really want REAL lawyers tearing into THEN? Because all they have to do is find one simple, but significant F up somewhere in that document, and it renders it false. Fake. Not the real McCoy. Which means in addition to owning unregistered NFA items (because that is what they become then) you also committed fraud to get it.

Use a real lawyer that understands this stuff. Out.