Pass on your firearms the right way and avoid complications and delays
One in three people in Arizona own a gun.
However, when you pass away, it is not as easy as you might think to hand down the firearms you own. Complications often arise with ownership and licensing.
If you plan ahead, you can mitigate the potential for any issues when you are gone. That is why a gun trust may be an important part of estate plans for many individuals in Arizona.
We help you:
- Understand whether a gun trust is right for you
- Setup your gun trust
- Ensure that your firearms are distributed according to your wishes when you are gone
The benefits of setting up a gun trust now
Gun trusts are sometimes used by individuals in Arizona to enable the acquisition of certain types of NFA firearms, such as suppressors, silencers, short-barreled rifles and short-barreled shotguns.
From an estate planning point of view, the most important use of gun trusts is to simplify the process of transferring your firearms (both NFA and otherwise) to your loved ones when you are either incapacitated or you pass away.
You can specify who gets what and at what age they are entitled to receive them.
That means family members will not have to deal with:
- Long delays with probate
- Potentially high fees
- Lengthy approval processes for transfers of firearms
Failure to address this beforehand could result in:
- Confiscation of firearms
- Destruction of the guns
- Sky-high taxes
- Forced sale
A gun trust protects family members from criminal liability for being in possession of your firearms after you are gone. The beneficiaries will be allowed to possess, transport or sell your firearms without fear of punishment.
Gun trusts also shield your firearms from creditors (in lawsuits or divorce cases, for instance) and from being considered as countable assets when calculations for long-term health care in nursing homes are made by Medicaid.
As well as protecting your loved ones, a gun trust helps you protect your cherished firearms. You can give care instructions and pass on advice for preserving their value.
Gun trusts are complex: get the right advice
Mistakes in setting up your gun trust can lead to the types of complications outlined above.
Never attempt this complex area of estate planning without first getting the right legal advice. Especially, be wary of any services described as “do-it-yourself gun trusts” that can be set up “in minutes”.
We have an attorney on staff who is a gun enthusiast with extensive experience in helping individuals in Arizona properly protect all their assets through trust formation – including their guns.
Once you set up your gun trust, if there are future state or federal changes to gun control laws that affect your wishes, you can amend your trust quite easily.
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As seen and heard on
Just a few minutes into our first meeting we had a high level of confidence that we had landed in the right place and knew we were in good hands. The entire experience – from the first meeting through the delivery of the final documents – was not only painless, but it was also pleasant!
We had known for many years that we needed an estate plan but just never got around to doing it. We immediately felt like they “got” our unique family situation and knew just what to do. We wish we had done this sooner but what a great feeling it is to know that what we worked so hard for all these years will be protected and go to the right people when it’s our time.
We felt like they really listened to us as we talked about our family and business and what we wanted to accomplish. They took the time to help us understand how living trusts and LLC’s work and how they can help protect our family and property. The fixed fee approach was very appealing to us. We were excited when we received our estate planning and LLC notebooks!
For years my husband and I thought about creating a living trust but had assumed the process would be confusing, expensive and time-consuming. We could not have been more wrong. We attended two online Zoom meetings where they explained what a trust is, why it’s important to create one and how to go about doing so. They were able to gather the information needed to create our trust from just these two online meetings plus the final in-person meeting to sign documents.
Kent is an exemplary advocate for his clients. It is an honor to have worked with him and witness his high ethical standards.
We put together a complete estate plan in just three one-hour meetings. The meetings were well organized and planned by the attorney. The concepts and legal terms were all well explained by giving real-world examples. The staff is easy to work with. They went out of their way to make it an enjoyable experience.