MID-SUMMER INTERNET SALE - $250
($50 Discount) - Mention Sale to Receive Discount
My gun trust is designed so that the settlor or settlors are the only initial trustee or trustees of the gun trust. This means that my gun trust clients are the only persons who need to sign the gun trust in front of a notary. After the gun trust is created, my gun trust clients are then ready to visit their Class 3 dealer to buy their first silencer, short-barreled rifle, or both! Also after the gun trust is created, my gun trust clients who want to convert a pistol or long rifle to a short-barreled rifle are then ready to file an ATF Form 1 application to manufacture.
After the gun trust is created, you can appoint additional co-trustees to your gun trust (so that they can use and possess your NFA firearms) at any time without amending the gun trust, which is significantly different from almost every other gun trust out there. Moreover unlike almost every other gun trust, you can appoint additional co-trustees to serve either long-term or short-term (such as while you and a friend are on a hunting trip). In addition to several other documents, my gun trust clients receive a document entitled “Appointment of Additional Co-Trustee and Acceptance of Additional Co-Trustee.” With this document, my clients are able to appoint additional co-trustees to their gun trust at any time without calling me (or any other lawyer). The Appointment of Additional Co-Trustee document and Acceptance of Additional Co-Trustee is signed by the settlor(s) and the additional co-trustee in front of a notary public. Now, that person is an additional co-trustee of my client’s gun trust. I am not aware of any other gun trusts that have anything like this.
In stark contrast, almost every other gun trust out there requires you to anticipate every person who will want to borrow your NFA firearms in advance, so that you can list them as co-trustees of the gun trust. Before their gun trust is created, their client will need to coordinate with each of the other co-trustees so that they can all sign the gun trust in front of a notary. Depending on the number of additional co-trustees listed, this can cause a significant delay between the time that their clients pay for their gun trust and time that they are able to actually use the gun trust to buy NFA firearms. Additionally, if the client wants to add another additional co-trustee after the trust is created, their clients need to amend their trust, which means more legal fees to prepare an amendment.
Believe me, my clients love having the ability to add additional long-term or short-term co-trustees to their gun trusts at any time using my Appointment of Additional Co-Trustee document. None of their friends have this capability, unless, of course, I prepared their gun trust. You will love it, too!