Whether it’s a silencer, grenade, machine gun or short-barreled rifle, those with a firearm collection will need smart planning to ensure the safety and security of weapons. This is where a gun trust comes in. Due to violence and restrictions on gun ownership, the landscape of firearms planning has significantly changed.
A number of reports indicated that a growing number of gun owners are creating gun trusts. As a result, the background checks conducted by the FBI and state authorities have been climbing. This is the reason it’s important to be familiar with the two sides of using a gun trust.
Simple Process of Obtaining Title II Weapons
The primary benefit of a gun trust is making the process of having federally regulated firearms easier and quicker. Under the Gun Control Act of 1968, these are machine guns and sawed-off shotguns. Gun trusts can act as an entity when buying such weapons. One can include other kinds of firearms as well. In addition, a gun trust provides privacy and increase awareness on gun law and proper use.
Legally Pass Down Firearms
Another great thing about getting a gun trust is that it gives proper transfer of firearms upon death. When it comes to legally passing down a weapon, one could either be stepping on a landmine or sitting on a gold mine.
As Christensenyounglaw.com and other gun trust lawyers in Utah point out: “Without a gun trust, any regulated firearms that you own could be subject to a transfer procedure during which time they are held by the courts and someone who is planning to inherit them may have to go through procedures like filling out BATF transfer forms, receiving permission from the local chief law enforcement officer (CLEO), getting fingerprinted a photographed, and paying the transfer tax. A trust removes all these obligations and makes ownership transfer smooth and simple.”
No doubt, interest in gun trusts is growing, as it offers many great benefits. It’s important, however, to do a thorough research to fully understand what it takes to possess Title II firearms and avoid the usual transfer requirements.