MachIVshooter
Member
It's time I get to bed and my brain is kinda done for the day, but I wanted to pose this question for our attorney types before I hit the hay.
We are very likely here in CO to see a > 15 round mag ban signed into law.
http://www.leg.state.co.us/clics/cl...E62E6F87257B0100813CB5?Open&file=1224_eng.pdf
What is the possibility of an amendable trust possessing magazines so that they may be under the control of persons who could not have owned them prior to the effective date of a grandfathering ban? This is specifically in reference to the Colorado bill, which is unique in grandfathering the owner rather than the magazine itself.
My daughters are good to go, as I have given each of them magazines to make them owners prior to the effective date. But if we have another kid, he or she will be born after the effective date; I'm trying to figure out if there's any way, assuming we stay in CO, that they could be beneficiaries of a trust that actually owns the magazines, similar to NFA trusts.
Thanks!
We are very likely here in CO to see a > 15 round mag ban signed into law.
http://www.leg.state.co.us/clics/cl...E62E6F87257B0100813CB5?Open&file=1224_eng.pdf
What is the possibility of an amendable trust possessing magazines so that they may be under the control of persons who could not have owned them prior to the effective date of a grandfathering ban? This is specifically in reference to the Colorado bill, which is unique in grandfathering the owner rather than the magazine itself.
My daughters are good to go, as I have given each of them magazines to make them owners prior to the effective date. But if we have another kid, he or she will be born after the effective date; I'm trying to figure out if there's any way, assuming we stay in CO, that they could be beneficiaries of a trust that actually owns the magazines, similar to NFA trusts.
Thanks!
Last edited: