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Gun Trusts for estate planning

Discussion in 'Off Topic Threads' started by Joe Potosky, Oct 29, 2012.

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  1. Joe Potosky

    Joe Potosky Well-Known Member

    Joined:
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    An interesting read....

    Gun Trusts for estate planning


    Traditional estate planning can cause problems when dealing with firearms because the typical documents used to handle your real estate, bank accounts and stocks often instruct executors and trustees to do things which violate federal, state and local firearm laws when applied to the transfer, possession and use of firearms.


    A Gun Trust is an estate-planning document designed to help you acquire, manage, use and transfer firearms, including those restricted by the NFA while protecting your family and executor from inadvertently violating of state and federal laws.


    "State and federal laws define who and how individuals, business entities, and trusts can purchase, possess, use and transfer firearms," according to David M. Goldman at his blog NFA Gun Trust Lawyer Blog (www.guntrustlawyer.com). "In addition to the legal requirements, there are moral and ethical issues that gun owners consider before giving someone a firearm.


    Read more:

    http://lancasteronline.com/article/local/766585_Gun-Trusts-for-estate-planning.html
     
  2. rooferbob

    rooferbob Active Member

    Joined:
    Jan 29, 1998
    Messages:
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    Location:
    Hamilton Ohio
    Very interesting
     
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