Coyote rifleworks trusts

[Carter]

Has anyone here ever used or heard of this company? I keep seeing ads on Facebook for them where they sell $95 trusts. If I understand it correctly you are pretty much buying in to their trust but I'm not sure. Just trying to see if they are a legitimate company that would help me get in to nfa items cheaply. Here is the website.

http://www.coyoterifleworks.com/nfa-trust/


Thanks

 

[wally]

The requirements for a Trust depends on the state. $95 seems cheap for what they seem to go for around here, but Texas is easy.

We have a pre-paid legal plan at work so I used that for mine. A friend did one with "Quicken" or some such software following instructions you can find with Google, had it notarized, and got his stamp. He made a mistake that needed a correction which added about a month to the wait, but he got his stamp.

Having a Trust doesn't change the price of NFA items at all, just for the time being lets you avoid the "Chief Law Enforcement Officer" sign-off (show-stopper in some locations) and fingerprints and photos.

 

[Aaron Baker]

While I have a vested interest in telling people who want a trust that they should have an attorney do it, and therefore my advice is probably suspect...

I don't care if people make their own trusts. I think it can be a risky move, but ultimately, that's a personal decision, and there are probably some non-lawyers that can make their own trust without screwing it up. But DON'T pay a NON-LAWYER money to draft a trust for you. That's just a stupendously bad idea.

First of all, you're not saving much money over paying a lawyer. I bet you can find a lawyer in North Carolina who will draft an NFA trust for about $200.

Second, it's illegal to practice law without a license. So you're paying a criminal to draft a legal document that could mean the difference between blissful NFA ownership and federal prison.

Whoever Coyote Rifleworks is, I very much doubt they have a lawyer on staff drafting trusts for them. Usually lawyer advertising must be clearly marked as such and include the name of the attorney, and their site doesn't.

What that means is that you're going to drop $100 on paying someone who you don't know and has no proof of any qualifications to draft a legal document for you. If you're gonna do that, just buy Quicken Willmaker. Either way you could end up with a screwed-up trust, but Quicken is cheaper and you're not abetting a criminal.

Aaron

 

[medalguy]

I used a local attorney to do my trust and it was money well spent. When I moved to another state, I had an attorney in the new state look over the trust, and he said there was nothing I needed to do except change the address for the trust, and added it was very well written.

No way I would attempt to do a trust by myself. I'm not an attorney but I do have one in the family and I do have a little bit of experience in the legal system and understand the importance of sometimes one single word. Spend the bucks and sleep at night.

 

[basicblur]

I got my trust done by John Pierce in VA for $100.

I've been pleased with both his speed and work - I've sent at least two friends to him for their trusts.

Maybe you can find someone similar in your state?

 

[wally]

But DON'T pay a NON-LAWYER money to draft a trust for you. That's just a stupendously bad idea.

In most states wouldn't that be practicing law without a license?

 

[Bartholomew Roberts]

If you read their disclaimer, they make it clearer that they are just providing you a blank form and will not offer legal advice or answer questions about it. So basically, you'd be paying $95 for a blank NFA gun trust of unknown origin (which you could also download for free from several sources) and no lawyer to answer questions or deal with problems.

That seems like being penny-wise and pound-foolish to me given that you can get an actual lawyer to draft and answer your questions for maybe $50-200 more.