Form 1 Question with new brace rules

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  • ACC

    Master
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    133   0   1
    Mar 7, 2012
    2,042
    113
    N. Side of Indy
    I decided to go ahead and try the free SBR route on my PSA JAKL with the new pistol brace ruling. I got through the e-form to the part where it asks you to essentially prove that the trust owned the firearm prior to Jan 13, 2023. Of course I have a receipt from when I bought the gun, but that shows it was sold to me personally. How do I prove that the trust owned the gun?
     

    2tonic

    Master
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    0   0   0
    Apr 14, 2011
    3,354
    97
    N.W. Disillusionment
    Normally, when you buy something personally for a trust, you write a letter describing the item in detail (ser#, price, etc.) and gift it to the trust. Some trusts require a payment of at least $1 and/or notarizing, which would negate your plans.
    If the wording of your trust doesn't require these things, then a gift letter (dated shortly after the purchase date) should suffice.
    Don't forget to add it to your master schedule A, the one you keep to acknowledge to other trustees the content of the trust.
     

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