Inheriting NFA Items

cbxjeff

April 19, 2013 14:57

My son had an interesting question today. A number of years ago, at the Shot Show in Vegas, I asked about how I can pass down my items w/o my son having to pay another $200+ per item. They do have a form that removes the items from probate and allows a direct transfer. His question is if the items can stay in my safe in (what will be) my widows house rather in his - a few blocks away. I had no answer. Any thoughts guys?

Thanks,

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  Ray Boone

  April 19, 2013 15:10

  If you had the same executrix that my dad had there would be no worries about transfer. Prior to my dad's death he had a Mauser 9mm select fire carbine (similar to a broomhandle without the pistol grip), a select fire H&R Reising, an H&R Handy gun, and a few ite3ms such as a Remington 1100 matched set 410 &28. When it went to court all of those items were no where to be found.[:(]

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  ruger41

  April 19, 2013 15:22

  Family Trust.

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  DRP-AZ

  April 19, 2013 15:36

  In the past, inheritance hasn't been difficult.
  
  "a lawful heir" is how the Law is written.
  
  NOW, the ATF is only allowing F5 transfers for those NAMED in a Will.
  
  Everything else, they are denying...and have for awhile...unless they fill out another F4 and pay the tax.
  
  It's ridiculous, but that's how they're doing it.

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  KEVD18

  April 20, 2013 07:05

  as said, put them in trust. then, when the time comes, well in a sense the time never comes. its perpetual. it just keeps on rolling. the guns are owned by the trust, not the individual.

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  Cheechako

  April 20, 2013 09:16

  I think the OP was asking if his son could keep the weapons in a place other than his own. It's been quite a few years since I owned any NFA firearms but I seem to remember that I had to maintain them in my possession at all times. But, maybe the rules have changed since then, and maybe I'm missing the point of the OP.
  
  Ray

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  cbxjeff

  April 20, 2013 14:19

  Yes, my larger question was about storage. I can workout the transfer either w/ the new $200. & FFL help or w/o. I'm concerned whether my son (the new legal owner) can store these items in a safe where only he can open but a few blocks away from his home in my widow's home. I wish he would quit bringing up the thought of my death!
  
  Thanks guys,

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