NFA Gun Trust Lawyer Blog
We just posted a page https://www.guntrustlawyer.com/form5.html on completing an ATF Form 5 (5320.5). Remember a Form 5 is used for a tax-free transfer to a lawful heir. If you own NFA firearms individually, you can give your lawful heir the choice of taking the item individually, in trust, or as permitted by the ATF under the NFA and creating properly drafted documents can help make this process unnecessary or easier than using the default methods found in most wills and estate planning documents that are not drafted to consider firearms.
Additionally you can avoid this entire process with a multi generational asset protection gun trust. We have Gun Trusts that can be setup to last form generation to generation without future transfers or the tax stamp fees.
We also have pages on How to complete an ATF Form 1 (5320.1)
How to complete an ATF Form 4 (5320.4)
The Certification that should be included with each and How to complete an ATF Form 20 (5330.20)
To learn more about how to update your documents contact a Gun Trust Lawyer® by using the form at the top right of this page.