Think the ATF or BATFE ignores possession and transfer of firearms, think again. Today the ATF announced that it arrested and charged 15 individuals who face between 10 and 70 years for many firearms related crimes including the unlawful manufacture of firearms and possession of an unregistered firearm.
11 of the 15 were arrested on Wednesday during a round-up. Remember that an improper transfer or possession of a NFA firearm or Title II firearm could result in severe penalties and criminal charges. These include up to 10 years in jail, a 250,000 penalty, and loss of your firearms.
Using a Professionally designed Gun Trust instead of a revocable trust or free trust that a dealer gives you can help protect you and your family from unfortunately events like this. Our Gun Trusts have been designed by Gun Trust Lawyers® to help with the ownership, possession, transfer, and use of Title II firearms.
One of the most common violations of the NFA deals with the purchase of the firearms. Many individuals do not understand the importance of having the Gun Trust make the purchase of any NFA firearms and not purchasing them individually. When permission is given for the transfer from the dealer to the trust, the purchase transaction should mirror the approval.
If you purchase a Silencer or other Title II firearms as an individual and then transfer it to a trust, there are 2 unapproved transfers: 1) the transfer from the dealer to you; and 2) the transfer from you to the trust. Neither of these has been approved and both are time bombs waiting to cause you and your family harm. Either of these makes your Title II firearm illegal and any future possession or transfer of such item even if approved by the ATF or BATFE does not make the firearm legal.
This is one of the many issues a properly drafted gun trust can help you with. We believe we have the most advanced and sophisticated gun trust on the market. We created the first true gun trust almost 5 years ago. Recently we have begun seeing more attempts to create gun trusts. Most are not more than traditional revocable trust with a few lines about firearms.
To be considered a Gun Trust, the trust should be written from the ground up to deal with firearms only firearms. A Gun Trust should be designed to deal with all of your firearms not just Title II firearms so that you get the same protections for all of your guns. If you are looking for a gun trust that will not only allow you to purchase Title II firearms with confidence but give you and your family the guidance and resources necessary to use and transfer the firearms.
If you have any questions about Gun Trusts, Contact Us to discuss your circumstances and objectives. We have a range of gun trusts designed to suit various needs.