Gun Ownership Under Fire
In today's political climate, responsible gun owners are facing a real threat to their right to obtain and possess certain types of firearms and accessories. The President has already expressed his intentions to limit access to "assault-style weapons" and high capacity magazines, and has signed executive orders to try and do just that. A Gun Trust or NFA Trust may give added protection to you in the event the assualt-weapons ban is re-instated. Learn more today by simply contacting my office. Our trusts are affordable and will help you obtain and keep the firearms you desire.
NFA Gun Trusts
Gun trusts are a great vehicles for acquiring and owning Title II/Class 3 firearms and accessories, as well as other firearms such as, AR-15s. Class 3 items are those regulated by the National Firearms Act (NFA). Acquiring such an item requires submitting an application to the Bureau of Alcohol Tobacco Firearms and Explosives (BATFE). The application requires the purchaser to submit fingerprint identification cards, a photograph, and an authorization for the area Chief Law Enforcement Officer (CLEO). Many LCEOs are reluctant or unwilling to grant such an authorization. Gun Trusts allow you to skip these disclosures. All taxes must till be paid on the transfer ($200.00) per item.
Advantages of Gun Trusts
There are many benefits to owning your firearms within a trust. Some of the main ones include the following:
- Privacy of Ownership. Because the trust does not have to submit fingerprints and photographs with each From 1 or Form 4 request, ownership of the items is more private. Further, trust assets pass to beneficiaries outside of your probate estate. Therefore, when you pass your collection will not be subject to the courts or public knowledge.
- Easier Acquisition. Trusts do not submit fingerprints or photographs, and therefore do not require FBI background checks. This speeds up the From 4 processing time with the BATFE.
- Allow for Multiple Users. Individual purchasers of Class 3 firearms are the only lawful user of the item. The NFA Gun Trust gives the settlor the ability to name serveral trustees. Each trustee has the ability manage, use and enjoy trust property. Here, the guns in the trust. So, with a Gun Trust an owner can allow his friends and family the use of the firearms held in the trust.
- Protection from Future Law Changes. With an ever changing legal and political environment, trust can provide some protections when and if the transfer for Class 3 firearms one day become prohibited.
- No Filing Fees. There are no filing fees for creating an NFA Gun Trust.
Texas Approves Hunting Large Game with Suppressors
Effective September 1, 2012 Texas will allow hunter of large game to use suppressors. This law change will make the use and need for Suppressors more common-place. Gun Trusts are a great way to acquire and own a registered suppressor.