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Would you ever consider buying a whole trust?

Thread in 'Class III & NFA Discussion' started by NWSharpshooter, Oct 20, 2018.

  1. NWSharpshooter

    NWSharpshooter The Hen that laid the Golden Legos Supporter

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    Say a trust was for sale with 8 SBRs, 1 SBS, and 4 or 5 cans. Would anyone ever consider buying something like that?
     
  2. JDS556762

    JDS556762 Ghost Factory Supporter

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    Pretty cool concept. I don’t know if personally I’d ever have the cheddar to make a large purchase like that but I don’t see why someone wouldnt.

    What SBS’s do you own?
     
    Lazarus likes this.
  3. Shortcut

    Shortcut The Hen that laid the Golden Legos Supporter

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    Hmmm never thought of that. Be a way for someone to get a nice nfa collection
     
    renagadeinjun likes this.
  4. NWSharpshooter

    NWSharpshooter The Hen that laid the Golden Legos Supporter

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    870
     
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  5. NWSharpshooter

    NWSharpshooter The Hen that laid the Golden Legos Supporter

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    Well I suppose they wouldn't have to buy the whole trust, they could buy certain items and I would have my lawyer add them onto the trust...

    Hmm. Went a little NFA crazy a few years back and kinda need to thin the herd at a minimum
     
    renagadeinjun, JDS556762 and Shortcut like this.
  6. NWSharpshooter

    NWSharpshooter The Hen that laid the Golden Legos Supporter

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    20150804_110428.jpg
     
    Baldilox, AK74U, EMC45 and 8 others like this.
  7. StuP

    StuP The Hen that laid the Golden Legos

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    Is the question; can you by a trust, rather than transferring all the items to a different one ?

    Could you become a trustee, then the original owner retire and transfer the interest in the trust ?
     
    Zeake likes this.
  8. 3clicks_Off

    3clicks_Off The Hen that laid the Golden Legos Supporter

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    In for info
    I'm guessing the nfa tax would have to paid per item again?
     
  9. JDS556762

    JDS556762 Ghost Factory Supporter

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    That’s awesome. If you ever decide to sell individual pieces i may be interested in that
     
  10. Falcon1

    Falcon1 The Hen that laid the Golden Legos

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