We often get requests for referrals and while we keep the information on our clients confidential we recently had a client send us and email which they gave us permission to publish. Andrew originally purchase a trust from a local attorney because of a recommendation based upon price and it was not until months later that he found out about gun trusts and how a gun trust is very different from a regular trust.
Often times people will ask me, "How much money should I spend on a gun for self-defense?". I usually respond by asking, "How much is your life worth?". The implication is that one would typically want a good insurance policy if they are insuring something of great value & should not cut corners in an effort to save a few bucks. I should have applied the same principle to setting up my NFA Gun Trust.
I initially went with another law firm to draft my Trust because the price was very cheap & because the lawyer represented a known SOT/Class 3 dealer. The first Trust that was drafted for me was nothing more than a standard Trust. It was 3 pages long including the cover sheet & did not mention the NFA, ATF, Form 1, Form 4, Form 5, Form 20 or even that the items to be held by the Trust should not be accessible to "prohibited persons" or minors. I e-mailed Mr. Goldman of Law Office of David M. Goldman PLLC to inquire about having a true NFA Gun Trust drafted.
I received an e-mail that explained the differences between the Trust they offer & most other standard Trusts. The main thing that convinced me I should have gone with Law Office of David M. Goldman PLLC first was the following: "Most trusts name a "Successor Trustee" but provide no guidance on how to handle NFA firearms. In fact, most trusts instruct others to violate the law and place themselves, your family, and your beneficiaries in jeopardy of criminal prosecution and confiscation of the firearms.". This is because even with a Trust, the beneficiary must submit an ATF Form 5320.20.
After speaking with Mr. Goldman via telephone to provide him with some information, I received my NFA Trust within 4 days. I received an e-mail from a local attorney which included my NFA Trust in a PDF file. I quickly used the search feature in Adobe to search for the term "NFA". I was so relieved that not only was the NFA mentioned, it was mentioned 24 times in the 19 pages of the Trust itself. After I began reading the things it covered & explained, I felt a huge relief. It is so well written that I know I do not have to worry about my beneficiaries understanding what to do in the event of my passing. I simply had to print, sign & notarize it to execute it.
I could not be happier. Law Office of David M. Goldman PLLC has been very easy to speak with about the few things I needed answers to & the included instructions cover most of the things one needs to know to stay within the confines of the law. If you are reading this, stop thinking about which law firm to use. It is of the utmost importance to have a properly drafted NFA Gun Trust for the purpose of acquiring & manufacturing NFA items. After reading how my NFA Trust deals with the complexity of NFA laws, I quickly realized how many people have done themselves a disservice by using a computer program or uneducated law firm to draft their Trust for Title II items.
I even mentioned this to the local attorney who sent my Trust to me & he had this to say: "I know what you mean. I used to sell exactly the kind of trust you are talking about. I am so happy to be able to provide a higher quality of service nowadays."
Thank you Law Office of David M. Goldman PLLC. I now know who to recommend to anyone with a serious interest in NFA firearms.
Sincerely, Andrew C.
If you are looking to create a Gun Trust and want a Gun Trust Lawyer® to help create a customized Gun Trust or Multi-Generational Asset Protection Gun Trust Contact Us.