41P and Gun trust

Two Years After 41F, Are Gun Trusts Still Worth It?

In the waning days of the Obama administration, then-Attorney General Loretta Lynch signed a controversial rule with a long-winded title. Rule 41F, or “The Machine Guns, Destructive Devices and Certain Other Firearms; Background Checks for Responsible Persons of a gun Trust or Legal Entity with Respect to Making or Transferring a Firearm” rule, made gun […]

New Gun Trust Rules – 41F

As many of you are aware, there are new procedures for submitting Form 1 and Form 4 applications as of July 15, 2016. Now that the dust settled we can discuss exactly what those new procedures are for our gun trust clients. I cannot speak for trusts drafted by other law firms so this post […]