gun inheritance

click

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My wife actually asked this question of me the other day........."how are you going to leave your guns to your kids?" Even though i'm one of those guys who's not going to die, no matter what you say, the question is a good one. When you have a sizable collection of firearms registered to you, what is the correct way to go about leaving them to your next of kin (or whoever)when the time comes. The last people i want to collect my toys is the good ole US of A (G-D Bless Em!)
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We've discussed this before. Never to a satisfactory conclusion (at least to me.)

There are so many variables, each situation is different. Things for you to consider are the number of guns, their value, how much your widow will need the money, etc. Also, who you got the guns from or how many.

Yes, the above advice on a specific bequest is probably the best way for a small number of guns that have value to you and hopefully to the person receiving the bequest. Don't lose sight of the fact that many offspring would prefer street drugs or electrical gadgets. Don't give treasured guns to those who have shown prior bad judgement. My personal feeling is that once you're dead, it doesn't matter if you give one son or daughter 2 guns and another none.

My personal story when my dad died might be illustrative. My mother called me and my brother into their bedroom. She had all his guns on the bed, and she told us to look them over. She didn't want those awful guns in her house one more night.

So not trusting anyone, least of all my anti gun mother and brother, I picked up Dad's old .32 Regulation Police. He bought it from the local chief of Police when he was 14 years old. Yes, they'd bury both of them under the jail today. For them, not a problem in 1925. It wasn't perfect, which is nice for saying it had been a working gun. Then I switched my attention to a Remington 721 I hated. It was pretty, but had a cheapo scope on it (I think I still might have the crescent between my eyes) with short eye relief. I'd sold it to dad in 1968 because I hated it. Then I moved on to a flashy if cheap Spanish double 20 gauge. He'd bought it after my shooting improved when I bought a Browning double in 1974. But then suddenly my mother returned.

She looked at my brother, said "you're the oldest, you pick one first." Immediately he selected the old .32 that I'd looked at first. Sucker. I snatched up the Winchester M12 we'd spent so many happy days hunting together. It was Dads pride and joy. My brother gave me a puzzled look, and he snatched up the M721. Good, we got that out of the way.

It was my turn again, and I selected his Winchester 1917 Enfield.
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Again, a gun I hadn't even glanced at. I'd held that old .30-06 so many times over the years it was like an extension of my arm!
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Then in one fluid motion, I took my two guns and headed out the door!

Of course my mother yelled that we weren't finished yet. I said I was. I got the 2 guns with the most sentimental value, the ones with real family history and meaning to me. Besides, I had son's those guns needed to go to. The .32 was expendable. And I new good and well the other dozen or so guns weren't worth much at all when my brother sold them (he did.) The moral: Dad wasn't expecting on dying that day. Had he been given time to consider, I bet he'd still have given me the two I scored that day, but without deceit like I felt compelled to use to get them.

David Carroll, a very occasional poster here, or even Lee, our new boss, will help with the right collections. David is doing that this upcoming week, including National Gun Day in Louisville, KY. A very well known collector passed away about 5 years ago. His widow has finally seen the way to dispose of that collection. We're talking a half million $$ or more of fine S&Ws, mainly, some of the best in existence.

Find a trustworthy shop or purveyor (reseller) you can trust on the bigger collections. The hardest part of their job is to educate the grieving widow on the realities of life. Some guns go up in value, some go down, some stay the same. As a rule, any gun the old man bought at a mass merchandiser/discount house won't increase much. Any gun he bought new and took hunting in the field for the last 40 years, probably has a couple of nicks and scratches. That, by definition, isn't "new", "excellent", or even "very good". Think "poor" condition, and use the blue book values under that heading.
 
My wife is getting everything I own when I die as she should and if anybody else tries to get something of mine after I'm gone I'll come back and make their life a living hell from the other side!!

I've seen the buzzards circle before in families even before the deceased has died.

My wifes sister is on life support at this very moment and already the buzzards, I mean her kids are starting to circle looking for things to scavenge.

Smitty
 
Pretty easy deal for me. Being an only child of an only living child and having only one child myself, it stands to reason how that will pan out. My kid will never have to buy anything.
 
My wife asked if I thought it would be in bad taste to raffle the guns and the Harley at the gravesite or should she wait until everbody gathered back at the house.
 
Since the question was how to leave the guns to your kids rather than how to evaluate and sell them, here's the route I took to pass on my guns to my two sons...our only children. I had our attorney write into our will an addition that gives first choice to my oldest son, second choice to my younger son, and continue alternating choice until both safes and all the closets are empty. There's a legal name for the alternating choice process but it escapes me at the moment.
I'm fortunate to have two trustworthy hard working sons that are both financially well off and share my interest in fine guns, so I can rest easy knowing they won't be selling them off to get cash for drugs or booze and they won't have to resort to deceptive methods against one another to get the guns they want.
 
Well, so far i am touched by all of the trustworthy,warm and sentimental replies i have seen so far. OKFCO5, the ATF site sounds like a good place to start, and Chillypepper, you are too kind for words, I might just leave 'em all to you. Any lawyers out there?
 
My son in law gets his choice of two. If I predecease Leland he gets the second choice of two. (A pretty good deal being that I get all of his if he goes first) My son gets all of the rest.
 
My wife has the best understanding when it comes to who inherites my gun collection.Our only grandson.She loves the little guy so much that she had me buy his first two already.At 8 months old,It won`t be long he will need his own safe like grandpa.gunnut2
 
This is a good topic. I have accumalated a lot of fine revolvers here(thanks to all of you) and need to figure this out. On a related note my Father in laws brother has no children, Tim spent a life collecting and now at 65 he is selling all of them. I looked over the list and there is some great unique firearms. I think it is sad that he could of passed them on to my son in law and his brother and no I have not suggested that he do so. So I mention that?
 
Originally posted by click:
When you have a sizable collection of firearms registered to you, what is the correct way to go about leaving them to your next of kin (or whoever)when the time comes.
When you say "registered to you" that says to me you live in a kommie state where it gets real complicated. If you live in a free state the guns are personal property and disposed of like any other personal property. No big deal.

Don't listen to what anybody here says. Get a good lawyer in your state who does wills and trusts and follow their advice. That's the only way to be sure your wishes are followed after you're gone(and even then some of your heirs will probably go kicking and screaming).

Bob
 
Thanks Bob,
You hit the nail on the head. I live in NY where you have to register your guns,your ammo, yourself and any semi-autos that are the color black must be immediately changed to pink! So i guess it's back to the lawyers again
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Originally posted by rburg:
My personal story when my dad died might be illustrative. My mother called me and my brother into their bedroom. She had all his guns on the bed, and she told us to look them over. She didn't want those awful guns in her house one more night.

Great story Mr.Burg.

My father had a small collection of old rifles and shotguns. Most of these had once been the property of his father-in-law.

When I was young my father told stories about how he would shoot and hunt when he was a kid. But for reasons I never understood, he had given up shooting as an adult. When I came back from 'Nam I remember him getting very angry whenever I mentioned guns. I never understood that. (Family dynamics and family histories are often a dark warren of mystery I suppose.)

Now on the other hand, I remember mother's father as being damn near Daniel Boone.

He was a cool old guy. When I was 6 or 7, he gave me some Indian arrow heads that he'd dug out of his garden. Neat! I also remember him telling me hunting tales as I fed his chickens. He'd often send me to the well to drop down a magnet on a string and retrieve a cold beer for him. I can still recall how nice that cold cans felt in my hands on a hot summer day.

Well, the old gent passed on when when I was in my early teens and my father took possession of grandpa's guns. Dad put them away in a closet and forbade me to even look at them.

My father died when I was in my mid thirties and I asked my mother what was to become of his guns. Now, to the best of my knowledge my mother had never even handled a gun, so I figured she would just pass them along to me. Wrong! She stared at me with a look that could kill and spat, "YOU'RE NOT GETTING THOSE GUNS!"

I let the matter drop and never mentioned it again. A few years later her house was robbed and they took everything, including the guns of course.

I would have liked to have had at least one of those old guns as a link to my grandpa. I remember that several of the rifles were lever guns from the late 1800s.

Oh well!
 
Polar Boy, same thing happened to my sister. My brother-in-law recently passed away from heart problems. He had a small collection of handguns that he acquired through the years. Just before he passed he left them at my niece's house because he was afraid of burglars in his neighborhood (her husband is a city police officer). Well my niece went batty and refused to give the guns to my sister for her to will/give to family. They wern't close (the niece) and its all about the cash. Anyway I wound up with a .41 magnum and my nephew wound up with a Browning 9mm as my sister threatened her (niece kept the other 7). Bottom line get a will done for all your prized possesions as like other posts have said "the buzzards" will circle.
 
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