The National Firearms Act regulates various guns and accessories that are deemed NFA firearms or NFA weapons. These may also be known as “Class 3” or “Title 2” firearms. Typically, these firearms include any fully automatic and select fire weapons, short barreled rifles or shotguns, and sound suppressors (silencers).
NFA Gun Trusts (also known simply as gun trusts or NFA trusts) are created specifically to comply with the rules and regulations outlined by the National Firearms Act mentioned above. They allow multiple people to access NFA items held by the Trust, and provide flexibility and peace of mind for the future.
Benefits of an NFA Trust include:
- Other people can handle, store, and use your Trust property when designated as Co-Trustees
- There is a degree of separation between your Trust property and you
- Flexibility and the ability to make changes to your Trust over time
- Assign a beneficiary and complete a distribution plan for the Trust, allowing the beneficiary to take possession of Trust assets without paying for an additional tax stamp after the transfer
Gun Trust NFA includes ALL trust documents and paperwork that you’ll need to legally create an NFA compliant Gun Trust, as well as instructions to take you through every step of the process. Get started today!
If you have any additional questions, feel free to contact us. We are happy to help.