Gun trusts continue to be important planning tools

In a recent WSJ Wealth Advisor post, Planners Use Gun Trusts to Smooth Firearms Transfer, Anna Prior discusses the growing use of “gun trusts” to protect guns and firearms in cases involving expensive collections, ownership and possession risk and avoiding draconian state and federal laws relating to ownership and possession of firearms.  The article notes that gun trusts are particularly helpful for those with large collections, expensive items, federally restricted items, or family members who cannot possess firearms.

Gun trusts are an important tool we have been using more frequently in our planning.  If you have a planning need, including involving gun trusts, give us a call.