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by Bullwhip
Fri May 04, 2012 12:17 am
Forum: General Gun, Shooting & Equipment Discussion
Topic: Anyone use Sean Cody for a Trust?
Replies: 43
Views: 11739

Re: Anyone use Sean Cody for a Trust?

The Annoyed Man wrote:One of the things Darrel Clements told me about is constructive possession with NFA items. If I have given my wife the combination to my safe in which I have an NFA item stored, and then later I die without having her named as a trustee, then the minute she opens my safe after my death she is now in constructive possession of a NFA controlled item without having the necessary paperwork, and she has real legal problems.
That would be actual possession. For constructive possession she just has to know the combination (or where the keys are), whether you're dead or not.

Definitely need additional trustees to cover everyone who might handle the time or have constructive possession.

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