The NYT has this interesting article about gun trusts. A gun trust allows an individual to buy or give certain firearms or paraphernalia to 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 (firstname.lastname@example.org) at your convenience and my firm, Johnson Law KC LLC, will be happy to serve your legal needs.
(c) 2013, Stephen M. Johnson, Esq.