[WSBAPT] impact of I-594 on Estate Planning/Gun Trust?
G. (Gus) Benjamin Lindsey III
lindsey3 at gbl3law.com
Fri Oct 31 13:50:53 PDT 2014
Has anyone done an assessment/review of how I-594 (increased background
checks for gun sales) might impact estate planning?
In reviewing the law, it states that it does not impact transfers between
"family" members. Family is defined for the purposes of the initiative
consistent with RCW 10.99.020. However, a different sections seems to limit
the initiative's application to transfers between a narrowing definition of
family, and only if the transfer is a bona fide gift.
Sincerely,
G. (Gus) Benjamin Lindsey III
Attorney-at-Law
The Law Office of G. Benjamin Lindsey III
2012 Grade Road, Suite 202
Lake Stevens, WA 98258
Phone: (425) 263-9585
website: www.gbl3law.com <http://www.gbl3law.com/>
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