What is a ATF trust?

An NFA Gun Trust is a legal entity that owns firearms. Usually firearms are owned by individuals. However, an NFA Gun Trust is a highly beneficial way for individuals to acquire federally regulated firearms and related accessories.

What can I do with an NFA gun trust?

Not only does the NFA gun trust allow you to purchase the above class 3/title 2 weapons legally, you can also legally pass down these weapons to the successors you name in your trust. This is a great way to build a firearm and gun collection that can be passed down through the generations.

Should I put my suppressor in a trust?

A trust makes it easier to share the fun and benefits of shooting with suppressors. Without a Trust, the person that got the Tax Stamp and purchased the suppressor MUST BE PRESENT and in possession of the suppressor when it is being used by another person. However, with a Trust, any Co-Trustee can use the suppressor.

Are gun trusts still worth it?

All of the possession and estate benefits of a gun trust still provide you and your family the protection of legal possession and a much easier process of organizing your affairs after death.

What is the benefit of a gun trust?

Gun trusts deal with ownership of firearms that are subject to stringent federal and state regulations. These trusts make it easier to possess and handle firearms after the owner passes away and protect heirs from unintentionally breaking the law.

What should I name my gun trust?

Most gun trusts are named after the settlor of gun trust or derivatives of the settlor’s name. For example, if your name is Mike Smith, then you might name your gun trust: Mike Smith Gun Trust, Mike Smith Firearm Trust, Smith Gun Trust, Smith Family Gun Trust, MS Gun Trust (your initials), etc.

What are the advantages of a gun trust?

Benefits of a Gun Trust A gun trust can avoid some of the federal transfer requirements and accomplish other goals as well: Allow more than one person to possess and use the weapons held in trust. If you name more than one person as trustee, each trustee will have the right to possess or use the trust firearms.

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