Quote:
Originally Posted by TOOHSOTKIL
Bob, I`ll try to help. First "never" surrender them to anyone. You do not mention your State and even though it is legal in your State as proof of ownership proves this; laws very.
Some States allow the transfer within the family for no charge ($200.00 NFA TAX) as long as they/you can pass a background check for regular firearms.
You will still have to provide the same information that was required to own these as in the begining.
She can sell them outright to a Class II/III dealer, expect no less than 80/85% or retail OR move on.
They can also be transfered to you through the estate as mentioned above for a small fee, you may have to pay the NFA tax, that I am unsure of.
Any Class II/III worth his salt can guide you best and what will or won`t work. Above all don`t get taken and get several opinions from several dealers.
Like anything else some know more than others.
Good luck and keep them in the family, a wonderful investment grade weapon never returns once gone.
|
First of all, States have no control over the 200.00 transfer tax. It is a Federal Tax. The guns may be transferred to a legal heir without paying the tax. There is a special form to fill out that you get from ATF along with instructions. They will define who a legal heir is. If you fall within that definition then you save 200.00.
If your sister is going to keep them they need to be transferred into her name which is tax free and you do not need a CLEO signature (I think)