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A Cautionary Tale of Guns and Inheritance
Gun Watch ^ | 25 November, 2017 | Dean Weingarten

Posted on 12/04/2017 5:30:10 AM PST by marktwain



A recent experience shows how problems can occur with guns and estates.  I was involved in this. My involvement occurred 27 years ago.

In 1990, an elderly relative wanted expert advice on obtaining a firearm. Her husband had recently died. She wanted to have a gun in the house, and wasn't comfortable with pistols. She was already frail and did not have much upper body strength.

I recommended a .22 semi-auto, which she could keep handy. She could keep the chamber unloaded. It would be easy to charge and put into firing condition. The Brazilian copy of the Remington Nylon 66, made on Remington tooling in Brazil, was being imported to the United States. It was inexpensive, lightweight, and had a sterling reputation for reliability.

She purchased it and, as I recall, we ran a few shots through it for familiarization.

Fast forward 25 years. The elderly relative dies at the ripe age of 93. She had been living with her daughter in her declining years. The daughter, in an emotional state of trying to deal with all the changes after being the principle caregiver, discovers the rifle, parked on top of some furniture for a decade.

The daughter was not a hoplophobe. She had been a competitive pistol shooter for a short time in college, 35 years ago. But the rifle, likely in its original box, and mint condition, presented another "problem" to be dealt with.

Her solution: turn it in to the police.

The officer gave her good advice. He told her it was worth money. She could sell it. He told her it would be destroyed.

She did not want to "mess" with it any further. "Just take it", she implored the officer. He reluctantly did so.

Her sister, on learning of the gun turn in, was appalled.  The daughter could have used the money, she said.

I have heard of much worse horror stories. They usually involve a woman who inherits guns and ammunition, knows little about them or simply dislikes them. I have seen guns worth thousands of dollars turned in to be destroyed, simply because the person turning them in has been propagandized that "guns are bad" and does not wish to take any time to extract the easily retrieved value.

A trip to the local gun store would usually result in 25-50 percent of the retail value. Gun stores will almost never buy ammunition. They fear liability for ammunition that has been out of their control. Gun shows are an alternative with a multitude of ready buyers.

For extensive collections, a gun auction may result in the best returns. Nearly the same result can be obtained with the gun action sites online, such as Auction Arms and Gun Broker. They reach a large potential customer base, but require a bit more work to execute. Armslist offers another way to reach large numbers of potential buyers.

Having a knowledgeable relative buy or sell the guns and ammo will be far better than turning them in to the police to be destroyed.

The best way to avoid these problems is for the owner to make a will before hand. Another good approach is to make the transfer(s) before death. Significant numbers of gun owners give away their guns as they enter a period of physical decline. Many states have exemptions for the transfers of guns from an estate.

If you have a relative or friend who is elderly and a gun owner, considering offering your help. You might do some good.

©2017 by Dean Weingarten: Permission to share is granted when this notice and link are included.

Gun Watch


TOPICS: Business/Economy; Politics; Society
KEYWORDS: banglist; guns; inheritance
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To: marktwain

A few years back, a man I worked with had gone to a garage sale and bought a COLT .32 cal auto pistol made in 1935, in perfect condition.
The widow woman said she wanted $15 dollars for it because that was what her husband had paid for it in 1935.

Our local police took advantage of another widow woman when they bought up her husband’s guns CHEAP, for their own use. Several local residents were really irate as they knew the value of the guns and what they were really worth, and would have given the widow the true value for them.


21 posted on 12/04/2017 8:39:59 AM PST by Ruy Dias de Bivar
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To: Liberty Valance

Very accurate and still my favorite .22.


22 posted on 12/04/2017 8:40:47 AM PST by Ruy Dias de Bivar
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To: xzins

I solved our gun problems too. I put them all in my boat to go fishing, and wouldn’t you know . . .


23 posted on 12/04/2017 8:58:38 AM PST by Pollster1 ("Governments derive their just powers from the consent of the governed")
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To: marktwain
” I have seen many widows turn guns in to police or sell them for next to nothing.”

Like that widow in CT who turned in her dead WWII vet husbands STG44. The cops to their credit did not destroy it but arranged for her to sell it to a museum with a value around the $30K range.

http://www.freerepublic.com/focus/f-news/2966888/posts

24 posted on 12/04/2017 9:30:30 AM PST by Polynikes ( Hakkaa palle)
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To: marktwain

I have an Aunt who called the police to remove her deceased husbands .38 (est. 1930’s-1940’s) revolver. That will never be seen again.


25 posted on 12/04/2017 9:48:15 AM PST by Garvin (Always remember folks, kill a commie for mommy ~ Semper Fi, Mac!)
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To: cyclotic

I made a Word document for my weapons dispersal and an excel spreadsheet for my wife on what I paid and what it should sell for used. My two boys are currently in a good nature arguing over a couple of shotguns. I have a pump .410 and .20 gauge and a single shot .410 and .20 gauge. They love all four but both want the pump versions. I told them I would decide and it would be fair.

My wife doesn’t care except for the pieces I bought from friends a relatives over the years with no paper trail, she wants those. Probably not five pieces, but she wants all of them.


26 posted on 12/04/2017 12:14:56 PM PST by sarge83
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To: DIRTYSECRET

Before you file anything down, you could get a dovetail to weaver adapter.

Here’s an example from Brownnells- https://www.brownells.com/optics-mounting/rings-mounts-bases/rifle-bases/3-8-dovetail-to-weaver-adapter-prod18690.aspx

https://www.opticsplanet.com/sun-optics-11mm-to-standard-dovetail-adapter.html?utm_source=bing&utm_medium=PLA&utm_term=&utm_campaign=1100005102975

https://www.walmart.com/ip/UTG-22-Airgun-to-Picatinny-Weaver-Low-Pro-Snap-in-Adaptor/32089890


27 posted on 12/04/2017 6:22:08 PM PST by Redcitizen
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To: marktwain

If any elderly gun owners need a younger heir to pass down firearms to, I volunteer to be adopted. :)


28 posted on 12/04/2017 6:25:01 PM PST by Redcitizen
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To: Yo-Yo

It doesn’t look like he sells his inventory cheaply.


29 posted on 12/04/2017 6:28:14 PM PST by KC Burke (If all the world is a stage, I would like to request my lighting be adjusted.)
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To: marktwain

When my uncle died a number of years ago, his widow contacted the local gun club (this is in Texas, where such things still exist) about disposal of his collection. They were very fair in their appraisals and sold many of the guns to other club members.

Just another avenue for disposing of weapons that you may not want to keep.


30 posted on 12/04/2017 6:30:12 PM PST by ssaftler ("Tolerant liberals" is an oxymoron.)
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To: ssaftler

When my uncle died a number of years ago, his widow contacted the local gun club (this is in Texas, where such things still exist) about disposal of his collection. They were very fair in their appraisals and sold many of the guns to other club members.


That is a good idea, especially if done as a club project.


31 posted on 12/04/2017 6:37:45 PM PST by marktwain (President Trump and his supporters are the Resistance. His opponents are the Reactionaries.)
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To: DIRTYSECRET


Use Weaver-Style Rings On 3/8" Dovetail Receivers Lets you choose from a wide selection of Weaver-style rings for receivers with nominal 3/8" dovetail. Secure, single-slot, two-piece design allows perfect ring spacing every time and easy access to chamber.

32 posted on 12/05/2017 2:02:20 PM PST by smokingfrog ( sleep with one eye open (<o> ---)
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