Gun Trusts Help To Privately Transfer Firearms and Avoid Government Red Tape

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Gun Trusts are a recent use of estate planning procedures that allows individuals to pass the ownership of their firearms

to a trust they control. One of the goals of the gun trust is to allow the trust itself to be the owner of the firearms for purposes of the National Firearms Act (NFA). This helps avoid much of the red tape involved with the owning of Title II weapons, including the need to submit fingerprints, a photograph and signature of your local Chief law enforcement officer. 

Under the National Firearms Act, Title II Regulated Firearms are considered machine guns, short-barreled rifles, short-barreled shotguns, destructive devices (grenades, bombs, poison gas)  or any other weapons (a catch-all category for items like pen guns) and silencers for any type of firearm. Under current regulations, a Trust is not required to submit fingerprints, photograph, or local law enforcement signatures

Many people are using Gun Trusts for their Title I firearms, as well. Federally and in many states, legislatures are proposing additional restrictions on the ownership and transfer of all types of firearms. A gun trust can ensure that the family members or friends you want to have your firearms when you pass are able to do so, and away from the prying eyes of the government.

A well constructed Gun Trust will take into consideration certain contingencies such as the age of your beneficiaries. A gun trust can allow the ownership of the gun to remain with the trust, under the control of the trustee, until the minor reaches 18, 21 or whatever age you choose. The Gun Trust should also have contingencies that account for the beneficiaries maturity level and whether or not they are considered a prohibited person.

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