Today I ran across an entry on Nolo’s website addressing the appropriateness of using their living trust software, commonly referred to as Quicken, or Will Maker, to make a Gun Trust. The same issues would exist for Legal Zoom or other standard trust software. Thousands of people and many gun…
We work with lawyers in Alaska who accept most legal benefit plans offered to many state employees in Alaska. Many of these plans pay for trust work which would include the creation of a NFA Trust, Gun Trust, or Multi Generational Gun Trust. Some of these legal plans have a…
We often get questions from people about using a regular trust or existing trust that they already have to purchase a suppressor. First a trust or Gun Trust is not required to purchase a suppressor. A suppressor is a Title II firearm, that is sold by a Class III FFL.…
If you are interested in a real NFA Trust or Gun Trust and looking to implement it quickly and without the additional cost of a lawyer being involved we are offering a special on the Online version of the Gun Trust for only $199. This is anywhere from 1/2 to…
Today we received another copy of a Gun Store Generic NFA Trust that was provided to a customer of the shop. Not only was it a generic trust and did nothing to advise or protect the client from issues regarding the transfer, ownership, possession or use of TItle II firearms…
This week I have received two trusts from potential clients who sent them in for review that were invalid. Even if ATF approved a Form 1 or Form 4 transfer to these trusts, anyone in possession of the TItle II firearms would be illegally in possession of them. Once person…
I recent read a very well written article by a Washington Lawyer regarding liability for the gun store and potential ethical violations for an attorney who works with a gun store in regards to providing Trust Forms. Many state bars have gone after Trust Mills in the past for very…
We have a new version of our NFA Brochure available to download and review. if you are interested in finding out more about NFA Trusts download the new NFA_Gun_Trust_brochure.pdf. We would appreciate any feedback on the document. —— If you want to create your own Gun Trust without a lawyer,…
Some dealers are currently providing trusts to their customers to avoid the Chief Law Enforcement Officer (the “CLEO”) sign-off that is required for individual purchasers of Title II Firearms. When a non-lawyer dealer fills out or creates a trust for an individual they are violating their state’s unauthorized practice of…
Many individuals are using Quicken, LegalZoom, or traditional revocable trusts to purchase firearms regulated by the NFA. A traditional trust is not appropriate for the purchase, transfer, or use of NFA firearms because of the unique characteristics of these firearms. A typical revocable trust is created to protect an individual…