Estate Planning
Northeast Florida Gun Trusts
Legacy Planning Law Group knows that the best way to help our clients is to understand their estate planning needs and help them build that plan. If you’re interested in learning more about gun trusts and our estate planning services as part of our unique Family Estate and Legacy Program, please book your free 15-minute phone call with us today!
GUN TRUSTs
Transfer Your Weapons Responsibly
Gun trusts can be used to pass your gun collection to your heirs. Like other trusts, a gun trust can avoid the probate process, which is a matter of public record. You can also use a gun trust to make sure your heirs don’t violate any laws. Your loved ones who inherit your guns may not be aware of the strict laws relating to the use and ownership of certain firearms. Violations of these laws can result in severe penalties. A gun trust is also useful for incapacity planning. If you are involved in an accident and become incapacitated, you may wish for your loved ones to have access to your guns. Perhaps you want them to be able to sell them if needed. Without a gun trust, your family members may be breaking the law by handling your guns outside of your presence.
UNDERSTANDING GUN TRUSTS
There are approximately 80 million gun owners in America with nearly half of all U.S. households owning at least one firearm. With over 20,000 gun related laws in the United States today, owning and eventually passing on a firearm as a legacy must be done with careful planning and consideration. Most federal and state gun laws carry stiff penalties on the improper possession or transfer of a firearm. If not done properly, the seemingly innocent transfer of a firearm to an heir could result in a fine up to $250,000 and up to 10 years in prison. Having a gun trust in place sets forth the rules for owning and transferring firearms that will ensure you or your loved ones don’t end up inadvertently committing a felony and paying a catastrophic price!
The potential benefits provided by a gun trust include probate avoidance, simplification in the acquisition of regulated firearms, avoidance of annual state registration fees, and guidance to help avoid accidental felonies when others use or are instructed to transfer a firearm as a sale, gift, or bequest. A gun trust ensures the responsible transfer of weapons (even Class I weapons such as handguns, rifles and shotguns) at your death or if you become incapacitated. Also a gun trust gives you priceless privacy.
Some Additional Resources
The following resources are provided by the Florida Bar as Consumer Information Pamphlets.
START PROTECTING YOUR LEGACY TODAY
Book Your Call
We offer a 15-minute complimentary call with one of our team members to get to know you and your situation.
Explore Your Planning Needs
During the call, we will find out what your planning needs are so we can see if we can help you. We will also figure out if we would be a good fit for each other.
Schedule Your In-Person Consultation
At the end of the call, we will set up a time to meet with the team and create a plan that will protect your family and preserve your legacy.
