Do I Need a Gun Trust? Part one

Do I Need a Gun Trust? Part one

In this episode of Fire Away (questions) Dennis talks about why you need a Gun Trust. There are some very specific reasons and benefits every gun owner should consider when deciding whether or not they should get a Gun Trust.

Generally, there are 3 ways most people pursue getting a Gun Trust…

  1. Do It Yourself – generic, no gun instructions, possibly invalid
  2. Attorney with conventional living trust. Not written for guns
  3. Purpose-built gun trusts (the BEST solution for a firearms collection)

There are several Benefits of a “Real” Gun Trust…

  1. Written guidance to comply with gun law
  2. Keeps Control in Grantor
  3. Provides incapacity protection
  4. Protects Privacy
  5. Avoids Probate & Provides conflict resolution
  6. Avoids potential CLEO sign-off/turn down for NFA firearms

Trusts are also best for most individuals because of the following reasons…

  1. Easy to create
  2. Easy to amend
  3. Easy to fund and maintain
  4. Generally no registration or annual fees
  5. Private and confidential
  6. Avoids probate and guardianship

Our DISCLAIMER…
Gun Law Community and Fire Away do not provide legal advice. Gun Law Community is not a law firm. Information provided does not create an attorney-client relationship. You must contact an attorney in your state for legal advice.
If you need help finding an attorney in your area, simply go to Find an Attorney on our website and we will introduce you to one we know.
Have a question for us at Fire Away? Go to Ask A Question on our website and tell us what you want to know more about. We will do our best to answer your question in an upcoming episode of Fire Away.
Thank you again for taking time to watch this episode…and remember, we are a “Community of Gun Owners.” Please share these with your fellow gun owners so we can help each other and all be the neighbor everyone wants.

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