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Thread: Non NFA Trust?

  1. #11
    Machine Gunner Kraven251's Avatar
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    Quote Originally Posted by NFATrustGuy View Post
    I have a tendency to side with Jim on this one. Assuming we're talking about HB 13-1224, there are tons of problems with the law as it is currently proposed. Here's what I wrote to someone who wrote to me just yesterday with questions:

    As for whether transferring high capacity mags into the Trust will effectively circumvent the proposed HB 13-1224, it's really anybody's guess. The Bill will undoubtedly be revised before a vote. After the vote, if the law remains as vague an incomplete as the Bill is now, it will then undoubtedly require court interpretation as to how it may or may not apply to corporations and trusts.


    This being said, I can't see any real downside to putting the items in the Trust.

    If any of my gun trust clients want a form to fill out to transfer your hi-capacity magazines to your Trust, please feel free to email me at:

    Rodney <at> WoodardLaw <<dot>> com.

    No charge for the form.
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  2. #12
    Varmiteer NFATrustGuy's Avatar
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    I thought I was doing alright with the language. At least I didn't call them 'clips,' right?

    @Jim: Yep. That's how I'd list them. Manufacturer, description, quantity and that's about it if they're not serialized. As you mentioned in your original post, that's one of the problems with the bill--how do the authorities know what you've got if the purchase and transfer of the items has been unregulated up to this point?

  3. #13
    The "Godfather" of COAR Great-Kazoo's Avatar
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    Capricious & Arbitrary
    I'm in for $100 towards Gun owners Vs State of CO.
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  4. #14
    Machine Gunner th3w01f's Avatar
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    Quote Originally Posted by jim View Post
    Capricious & Arbitrary
    I'm in for $100 towards Gun owners Vs State of CO.
    I'm in as well.

    My kids are the 4th generation born in CO on my side and 5th or 6th on Kat's; for the most part I never thought we'd leave CO. As for the trust I'm thinking long term. If we stay and CO doesn't go full CA then I'd like to be able to pass on my collection without issues. I'm just trying to picture how they would explain that they owned several 100 mags prior to the law passing when they were 6.

  5. #15
    Paper Hunter Katastrophic's Avatar
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    What if we take pictures of some or all items with a newspaper or something like that?

  6. #16
    The "Godfather" of COAR Great-Kazoo's Avatar
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    Quote Originally Posted by th3w01f View Post
    I'm in as well.

    My kids are the 4th generation born in CO on my side and 5th or 6th on Kat's; for the most part I never thought we'd leave CO. As for the trust I'm thinking long term. If we stay and CO doesn't go full CA then I'd like to be able to pass on my collection without issues. I'm just trying to picture how they would explain that they owned several 100 mags prior to the law passing when they were 6.
    It is not illegal or any restrictions regarding age limit for owning / possession of an inanimate object. Nor is there any wording (YET) regarding age in the mag ban bill. Picture the items as part of your will. Yes the kids are 6 yrs of age. However in your will (You do have one YES?) i am sure there are items some people might scratch their head wondering why you are leaving your 6yr old a bridgeport, etc.

    Remember the wording as it sits (for now) is the Burden of Proof is on the court / LE to prove.
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  7. #17
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    Quote Originally Posted by th3w01f View Post
    I'm in as well.

    My kids are the 4th generation born in CO on my side and 5th or 6th on Kat's; for the most part I never thought we'd leave CO. As for the trust I'm thinking long term. If we stay and CO doesn't go full CA then I'd like to be able to pass on my collection without issues. I'm just trying to picture how they would explain that they owned several 100 mags prior to the law passing when they were 6.
    I am 6th generation American and about 4th gen Colorado! WTF has our state become?? Anyway.........

  8. #18
    The "Godfather" of COAR Great-Kazoo's Avatar
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    Quote Originally Posted by Katastrophic View Post
    What if we take pictures of some or all items with a newspaper or something like that?
    These are pieces of metal & plastic, not Proof of Life. See my previous post regarding burden of proof.
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  9. #19
    Stamp Licker/Whore TriggerHappy's Avatar
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    Can you put them into an LLC? My NFA stuff is on an LLC, wouldn't mind combining it all.

  10. #20
    Machine Gunner th3w01f's Avatar
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    Quote Originally Posted by jim View Post
    It is not illegal or any restrictions regarding age limit for owning / possession of an inanimate object. Nor is there any wording (YET) regarding age in the mag ban bill. Picture the items as part of your will. Yes the kids are 6 yrs of age. However in your will (You do have one YES?) i am sure there are items some people might scratch their head wondering why you are leaving your 6yr old a bridgeport, etc.

    Remember the wording as it sits (for now) is the Burden of Proof is on the court / LE to prove.
    I agree in theory but as the wording stands now I don't believe you would be able to will them to your children and that they would have to own the mags on the effective date. I understand that the burdon of proof is on them but who wants to be the test case?

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