Gun Trusts
If you own guns or other firearms, you know the laws surrounding gun ownership are unlike any other type of property ownership. You also know how important it is that you leave your firearms to responsible, law-abiding heirs. Incorrect transfer of firearms at death can result in accidental felonies for the person entrusted with administering your estate and the individuals receiving your firearms. Transfer is even more complicated for National Firearm Act Title II (NFA) items, such as suppressors and short barreled rifles.
Why Use a Gun Trust?
Holding firearms in a Gun Trust ensures that your firearms are distributed to the individuals you desire – not just the first person who can access your gun safe after you pass. Because the firearms are owned by the Trust, only the Trustee of the Trust will have the power to interact with, and transfer your firearms according to, your express written wishes. A Gun Trust also enables transfer of NFA items at death without necessitating additional background checks, tax stamps or fingerprinting.
The team at Parsons Behle and Latimer is well versed in Gun Trusts; NFA transfers; and ensuring the correct and legal transfer of firearms after an individual passes. Call or schedule a free consultation today to learn more about how a Gun Trust can help you protect your family’s legacy for generations to come.
Testimonials
Hear from our clients about how Ed Cather has helped them secure their future and protect their families.
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