Originally Posted By: Timothy S
Run, is there an age stipulation on the IR trust? The reason that I say that is at the age of 21 the old barley pop starts flowing (possibly), things can get all out of wack for a while and it would be a heck of a note if your gun got sold for cents on the dollar. Not that your grandson is going to be a stinker, but we all go through phases, at least I did. I do admire what you're doing for your grandchildren.

Tim

Timothy S:
I of course don't know how RWTF set up his Trust but mine,which is set up for four grandchildren, stipulates that proceeds from the trust can only be used for education. This stipulation expires when they each reach 30 years of age and the proceeds then become unrestricted. At least my "hard" assets like firearms will still be around at that time but it's hard to say what will be left of stocks and other investments.
Jim


The 2nd Amendment IS an unalienable right.