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Zeus2112

Gift or Inherited firearm

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6 hours ago, raz-0 said:

So if you got divorced and had to divvy up the guns, would the spouse who did not have the paperwork have to go get all the permits and if so, any reason this wouldn't qualify for an exemption to one gun a month? 

Yes, the spouse without papers has to go get P2P's for every hand gun as well as a NJFPID for long guns and YES such a hand gun transfer qualifies for an OGAM exemption as if you were inheriting an estate.

Generally all tangible property is assigned a dollar value at divorce.  So whomever owns the guns and still wants to own them would have to pay approx. 50% of the guns net asset value.  If you don't want that pretty pink stocked .308 or the pretty turquoise Glock you gave your partner, you could sell those, give the partner half the proceeds and use the other half of the money to buy-back the rest of your collection YOU ALREADY OWN :) 

 

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22 hours ago, Handyman said:

Sounds to me like you took possession of this thing in another jurisdiction a long time ago. So many years ago the paperwork is all gone. And leave it at that. 

Sounds like a variation of your typical "boating accident".

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