Quick C & R filing question....
Should I add my wife on this thing (as in Partnership)for any good reason? I'm asking because it just dawned on me that perhaps upon my untimely death she might be able to save a bunch of money selling off our collection (just eleven at the moment) if she ever chose to do so.
Make any sense? Or am I missing something (else)?....[:D]
Make any sense? Or am I missing something (else)?....[:D]
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I legally include mumma in
everything but I got no choice.
Dem's the rules0 -
A partnership indicates a business title, which you can't do as a C&R. However, you might be able to add her as a co-licensee. It might be a good idea in the event of your untimely demise. 0 -
Technically, a C&R license can be issued to a partnership, association, corporation, society, etc. See your ATF P5300.11, page 2, at the bottom. But, as Spider says, ATF may want further documentation.
But, I don't see much value in making any change. A nonlicensee can legally transfer a firearm to any dealer in the country; that's exactly what she will be doing if she needs to sell your guns on GB. The only advantage of having a C&R when disposing of a firearm is that you can sell a C&R long gun to a nonlicensee who resides in another state if he comes to your residence, something you probably don't want her to do. (And, you probably don't want her doing a FTF with a resident of your own state, either.)
The most valuable thing you do for her is to make a file folder for each gun, with a detailed description & current value.
Neal0
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