06-24-2018, 12:34 PM
OK, so this is from the ATF web site.
https://www.atf.gov/rules-and-regulation...ve-july-13
I guess the trust would have to be set up to allow the beneficiary to "Beneficiaries – if said beneficiary has the capability to exercise any of the powers or authorities enumerated above." If it is, then they are a responsible person.
So, I should just make it easy and ensure the trust doesn't allow the beneficiary to have the power.
Thanks
https://www.atf.gov/rules-and-regulation...ve-july-13
I guess the trust would have to be set up to allow the beneficiary to "Beneficiaries – if said beneficiary has the capability to exercise any of the powers or authorities enumerated above." If it is, then they are a responsible person.
So, I should just make it easy and ensure the trust doesn't allow the beneficiary to have the power.
Thanks

