In March 2019, the United States Supreme Court twice refused to block President Donald Trump’s bump stock reclassification. This move came in the wake of the 2017 Las Vegas mass shooting. The evildoer responsible allegedly used a bump stock, which basically makes it easier to fire a semi-automatic rifle. The Gun Owners of America and […]
Gun trusts have a number of benefits, regardless of the type of firearm in the trust. But most people use gun trusts for guns which are difficult to obtain and possess under the National Firearms Act. In this situation, a gun trust makes the initial transaction and subsequent possession easier. A gun trust also makes […]
National Firearm Act gun trusts are an excellent way to preserve your Second Amendment rights. For example, gun trust transfers do not require Chief Law Enforcement Officer signatures. The CLEO loophole gives local police chiefs or sheriffs almost absolute power to block firearms transfers for any reason they see fit. Furthermore, gun trusts prevent accidental […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]