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Special character upgrades, like Lucas the Trickster, have their own models and generally replace a model in the squad. So for example, if you spent the points to purchase 5 Blood Claws and upgraded one of them to Lucas, you would have a total of 5 models: 4 Blood Claws and 1 Lucas the Trickster. He would have different wargear and different characteristics from the rest of his unit. Model-wise, most people aren't super strict about special characters (what if you don't like the model?). You could convert your own character (use a Blood Claw model, but add on some extra bits and spend more time on the paint job)...or you could just use the actual model.
I hope that answers your question.
You certainly don't have to give every model the wargear they come with as standard (most people don't model Grey Hunters with bolters, bolt pistols, close combat weapons, frag grenades, and krak grenades). So no, you don't need to give every Blood Claw a bolt pistol. I would suggest modeling at least a few Blood Claws with pistols, to avoid confusion.
The axe, however, is a special piece of wargear (I believe it's a frost axe/power axe). Taking a model with that weapon would probably lead to confusion, or at least a comment before the game - "This guy doesn't actually have any special close combat weapons. He's just modeled that way." With that said, most people probably wouldn't have a problem with that.
On a completely unrelated note, I would suggest taking Grey Hunters over Blood Claws. They are a significantly better unit.
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