kbilly84 wrote:UndeadInfidel wrote:FWIW - I wrote up my own trust using quicken and examples that I dug up from some shooting club forums on the web. I'm naming my shooting buddy as the beneficiary, and he's naming me his beneficiary on his. No family involved. I'd rather have my suppressors going to someone who uses them and wants to keep them than dumping them off on my family members who have no use for them.
Cool. How about filing of the paperwork?
All you need to do is take it to any notary and have them notarize the document. I took it to the person we knew at the UPS store and had them notarize it for free. You need an extra person to sign it as a witness (the witness can't be the beneficiary or any party on the form), so we had the other guy working at the store witness it. You just keep it safe in your own personal records and make backup copies - no need to file it anywhere.
I went down to the local shooting store where I plan to transfer all my class 3 purchases through, and they made a file for me and have a photocopy of my trust on file. All I do is go in, fill out the form 4, give them a money order for the $200 tax stamp, pay their fee for processing, and they do the rest.
When you need to add an item to it (new suppressor, or whatever else), you just update the Schedule A and Assignment of Property with the serialized item information, and sign/date the documents. No notarization required.
It all sounds really complicated but once you understand how it works, it's quite simple.