Posted on 06/23/2016 5:20:45 AM PDT by Carriage Hill
Family members set to inherit a stockpile of guns and ammunition, worth millions of dollars, plan to destroy the weapons "to send a message," their attorney Daniel Brookman told ABC News today.
"They want these instruments of death to be destroyed," Brookman said. "They dont want these weapons out on the street."
Jeffrey A. Lash, of Pacific Palisades, California, died last summer of natural causes, but left behind a stockpile of more than 1,500 guns, 6.5 tons of ammunition and nearly $250,000 in cash, according to local ABC-owned station KABC-TV. All of the purchases were legally made, KABC reported.
(Excerpt) Read more at abcnews.go.com ...
or even cutlery.
Now this seems to be time where a theft and robbery is justified ...
The fiancee and at least one friend were with Lash in the parking lot of Bristol Farms in Santa Monica when Lash said he was feeling sick, the fiancees attorney, Harland Braun, told the Los Angeles Times. Their attempts to cool him with ice after he refused to let them call 911 didnt work and Lash died. Thinking the government agency that Lash worked for would retrieve his body, Nebron just left the car and Lashs body parked on Palisades Drive and went on a trip to Oregon. She was shocked to return and find his body still there. The Los Angeles said that it does not suspect foul play in Lashs death, according to the Los Angeles Times
Lash lived with his fiancee in Pacific Palisades, where police found more than 1,200 firearms and two tons of ammunition. Lashs firearms collection was worth anywhere from $500,000 to more than $1 million, according to the Los Angeles Times. Nebrons lawyer claimed the guns were worth more than $5 million, according to KTLA. He also had bows and arrows, knives, $230,000 in cash, and 14 cars registered to his name, The Associated Press reported. One of those vehicles was an SUV designed to be driven underwater. Other cars were modified to be combat ready, KTLA reported.
Mystery of Jeffrey Alan Lash: 5 Facts You Need to Know .. 7-15-2015>
I doubt 1,500 guns and 6.5 tons of ammo would amount to a rounding error in the FReeper universe.
Have you looked at the pile of guns? It looks like what they collect and proudly display after a gun buyback in Newark or Camden New Jersey. (Mostly long guns and a few rusty or broken handguns. Who ever knew that the residents of Newark and Camden were so heavily into deer hunting and target shooting?)
Long guns have practically no value on the street. @ $200 each average (optimistic) per legal long gun sale x 1500 = $300,000. My guess is they have found some way to use this as a strategy to to avoid taxes on the rest of the estate.
I have a sneaking suspicion that there will be an orchestrated media event covering the actual destruction of these firearms. A highly publicized “book burning” so to speak.
Wills should provide for disinheritance of anyone destroying a firearm.
To send a message... “WE’RE SPITEFUL, UNGRATEFUL IDIOTS!” We got it loud and clear.
Exactly! How could he leave these to libtards? Donate to the NRA. Let your good live on. Never let the good in your life be undone by nitwits when your done.
I just posted an article. Interesting, creepy story on this guy.
They could have sold them at auction and donated the money to a charity. That would have done far more good.
There is no way CA does not assess an estate tax on the value of this cache.
These relatives are not Class A beneficiaries, ie direct blood.
If any beneficiary is not on board with this, he or she can go to court and demand the executor perform their fiduciary duty to preserve the value of the estate.
And the State of CA will not give a hoot about their “feelings” or their “good deed”.
They will demand their money.
Serves these morons right.
that would cover maybe 1% of FReeper weapons... if that.
Darn, I didn’t see this story or pic in the ABC article.
This was my thought as well. The IRS always wants its pound of flesh.
What really sent this message home to me was when an apartment building owner wanted to retire, and really liked his tenants, so decided to give the building to them, or sell it for a nominal value. The IRS intervened and said that he would still have to pay the same capital gains tax *as if* he had sold the apartments at the going rate, which was several times greater than the apartments cost to build in the first place, way beyond his ability to pay.
Unlike used electronics and other household goods that are part of estates, that are often fractionally valued in probate (like a valuable Persian rug assessed by the inheritors as “used rug”), serviceable guns are assessed at close to market value.
And I bet a goodly number of those guns were NFA (1934).
“If the decedent had lawfully possessed an NFA weapon, the executor must have the registration and tax documents. The Federal regulations allow an executor a “reasonable time” (generally, before the estate is closed) to transfer a lawfully possessed NFA weapon to an heir or beneficiary, provided that the recipient may lawfully possess it. The transfer must be made in accordance with all federal and state laws and must be properly documented.”
>>> tax will be assessed on the value of the inheritence, BEFORE they destroy it. <<<
Classic!
This is a total stunt. I wonder who is behind the scenes pulling the strings.
Useful idiots
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