A gun trust is a specialized type of Trust and is essentially a legal entity created to hold ownership of firearms. Unlike traditional assets, transferring firearms ownership is not as straightforward due to stringent federal and state firearm and gun regulations. Gun trusts are designed to address these complexities, particularly for firearms covered under the National Firearms Act (NFA), such as suppressors, short-barreled rifles, machine guns, and others that may require additional scrutiny and control. If you own any of these types of firearms or accessories, you should strongly consider utilizing a gun trust and taking advantage of its benefits.
Explore our blog post from our Estate Planning Lawyer in Tallahassee on Gun Trusts for additional information on whether this type of Trust is right for your estate plan and your family.
