View Single Post
Old 07-07-2008, 9:45 PM
Telperion's Avatar
Telperion Telperion is offline
Senior Member
Join Date: Jan 2006
Location: San Francisco
Posts: 542
iTrader: 14 / 100%

I would be interested, but I would like to know specifics about the "value added" over Quicken Willmaker trusts, which have shown to be perfectly adequate as NFA ownership vehicles in other states.

I understand some lawyers who have advertised specialized NFA trusts have highlighted the issues regarding transfer after the grantor's death. It seems to me that leaving a detailed letter of instruction to the successor trustee along with a partly completed form 5 would take care of these issues. Am I mistaken, and are there other concerns?

Last edited by Telperion; 07-07-2008 at 9:49 PM..