Forbes:  “Gun Trusts are used for two main reasons. The first is to expedite a transfer of a National Firearms Act firearm. . . . The second reason is to provide detailed instructions over disposition of one’s gun collection. Many gun dealers make trust forms available. The problem is that they are usually just standard revocable living trusts, not specifically written about firearms ownership. They typically do not provide guidance or limitations for the Trustee who may find him or herself committing a felony in the way the items are used, held, transferred or sold. Some people cannot legally possess firearms. Some transfers are illegal. A properly written ‘Gun Trust' for NFA purposes is far more than a form.”

To learn more about this topic, read “NFA Gun Trusts” and “Distributions of NFA Firearms from an Estate.”