NFA GUN TRUSTS
NFA firearms are certain guns and accessories regulated by the National Firearms Act. They are sometimes called "Class 3 weapons." NFA firearms include all fully automatic and select fire weapons, short barreled rifles and shotguns and sound suppressors (silencers). NFA firearms include things that you might not expect.
A “gun trust” or “NFA trust” is a purpose-built revocable living trust designed to help clients and their loved ones to comply with the unique and complex state and federal regulations governing the ownership and transfer of firearms. Failure to properly plan for the care of gun transfers may expose heirs or fiduciaries to federal prosecution.
Many people use NFA Gun trusts to lawfully buy "NFA Weapons," including machine guns, short barreled rifles and shotguns and sound suppressors (silencers) without having to obtain the consent of their chief of police.
An NFA trust makes it easier and more private to transfer not only NFA firearms, but any guns, to your family members if you die or become disabled. Assets in a trust pass directly to your beneficiaries outside of the probate system. There is no public record of what you own.
There are many IMPORTANT ADDITIONAL BENEFITS of these trusts for gun owners – not just for purchasers of NFA weapons. The trust is a totally private arrangement. You can leave your guns to members of your family without the intrusion and publicity of the probate system. No one will know about your collection.