Buck Nekkid wrote:
So, say, I don't want just anyone disposing of my very first service weapon. Instead of money, could I just list my S&W model 28 .357 magnum serial #yadayada on my Schedule a and that would suffice. I'm submitting a form 1 for an sbr.
You would need to legally transfer the firearm into the Trust, for it to be owned by the Trust.
I put a $1 bill as my 1st item on the schedule A. Now the Trust has content with a clear monetary value.
My trust was set up by an attorney and got money ($10.00) by way of language in the trust outside of Schedule A. As I've bought stuff over the years, I would list them on Schedule A when I got my stamp. I did go through a gun dealer once that said he always put the item on the trust before sending to ATF, not after and receiving the stamp as I have done. It seems as far as ATF is concerned in issuing a stamp, it doesn't matter.