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Gun Control

Gun Control and Gun Trust Update

Mostly because of the partial government shutdown, the holiday hangover lasted a bit longer this year. But now that it is mid-January, things are coming back to life in Washington. The euphemistically-named “funding lapse” has had a bit of a ripple effect as well. Many other public and private entities took a little longer to …

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Federal Court

Gun Trusts in Light of the Latest Federal Court Restrictions on Gun Rights

The gradual erosion of firearms possession rights continued in recent decisions from two of the highest courts in the country. In Gould v. Morgan, the First Circuit Unanimously upheld Massachusetts’ extremely strict gun control law. This law restricts street possession to individuals who have a “good reason” to feel threatened. That usually means a specific …

Read moreGun Trusts in Light of the Latest Federal Court Restrictions on Gun Rights
ATF Wait times

Form 1 E-filing is Back!

After more than a two-year wait, the ATF has finally restored the use of the Form 1 for electronic submission.This development has raised the hopes of all manufacturing enthusiasts that some much-needed efficiency will start to improve processing times for tax stamps. It has been a long slog for the last two years, with wait …

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41F Update For All NFA Lawyers Clients

Since July 13, 2016, the ATF requires fingerprints, pictures, and a law enforcement notification for all NFA applications. Only you, the creator (settlor) of the trust, must comply with these requirements if you follow the instructions below. The amendment and instructions below apply only to trusts drafted by NFA Lawyers, LLC. – Download and complete …

Read more41F Update For All NFA Lawyers Clients

The myth of bank accounts for gun trusts

It is a common misconception that you need a bank account for a gun trust. This cannot be further from the truth. In fact, I highly recommend against setting up a bank account for your gun trust. Then, why do we hear so many people speak about bank accounts? Approximately 10 years ago, when gun …

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Should you put all of your firearms in a gun trust?

It is a great idea to put all of your firearms into a gun trust, not just NFA weapons. The reasons being as follows. First, trust property does not go through probate court.What does this mean? Whenever you pass away, whether with or without a will, your estate must be probated. This means an executor …

Read moreShould you put all of your firearms in a gun trust?
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  • Understanding Individual Tax Stamps and NFA Gun Trusts
  • Electronic Fingerprints for NFA Purchases
  • The Role of Co-Trustees in a Gun Trust: Legal Responsibilities & Benefits

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