Gun Trusts: Inheriting Firearms

The NYT has this interesting article about gun trusts. A gun trust allows an individual to buy or give certain firearms or paraphernalia ┬áto the next generation. Gun trusts aren’t widely used for most common firearms (antiques, pistols, revolvers, rifles, or shotguns), but are a useful tool for more exotic firearms and accessories (machine guns, silencers, and other items). As the article notes, they’re a perfectly legal, if mostly unknown, way to buy, own, or pass on firearms.

If you have questions about a gun trust or other estate planning, asset protection, or business succession issues, please call (913-707-9220) or email me (steve@johnsonlawkc.com) at your convenience and my firm, Johnson Law KC LLC, will be happy to serve your legal needs.

(c) 2013, Stephen M. Johnson, Esq.

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