NFA Gun Trust Document Preparation Software for Paralegals and Firms.
Create a complete set of NFA Gun Trust legal documents for any number of clients using the comprehensive forms and instructions of America's premier legal form software company, Standard Legal!
INCLUDED LEGAL DOCUMENTS:
The Gun Trust package contains the following information and legal documents:
- Introduction to Gun Trusts
- Gun Trust Agreement
- Gun Trust Assignment Form
- Trustee Appointment
NATIONAL FIREARMS ACT GUN TRUST SOFTWARE:
A Gun Trust is a legal document created to allow the ownership of certain firearms or other items that are regulated by the National Firearms Act (NFA), the federal law that governs the manufacture, possession and use of certain guns and gun accessories.
A Gun Trust is created by a person referred to as the Grantor.
Once created, the Trust files an application and pays a tax to the ATF to register the NFA regulated firearm. The Gun Trust cannot take ownership of the NFA regulated firearm (or transfer an NFA firearm) prior to the approval of the application by the ATF.
The Gun Trust allows the Grantor of the Trust, as well as those individuals named as Trustees, to lawfully use and possess the NFA regulated firearm. Anyone using or possessing an NFA regulated firearm or other item without proper registration with the ATF could be guilty upon conviction of a federal felony.
WHY CREATE A GUN TRUST?
Naming several Trustees within a Gun Trust allows different people to use, possess, store and transport NFA-regulated firearms. By simply adding an eligible person as a Co-Trustee, the owner of the NFA weapon can authorize these persons to legally use any NFA weapons that the Gun Trust owns.
Also, a properly executed Gun Trust will avoid Probate, and while alive the Grantor can direct how the weapons will be held or distributed. So even non-regulated weapons can be added to a Gun Trust, to make them accessible to family and friends even after death.
The Gun Trust is revocable and can be amended at any time during the Grantor's life. The Grantor can change beneficiaries, assign new weapons to the Trust, sell or transfer any weapons held in the Trust, etc.
Minor children can be named as Beneficiaries of NFA Gun Trust property but cannot legally possess any NFA regulated item until they are at least 18 years old and/or be able to lawfully to possess a firearm under state and federal law.
Standard Legal does not use a "Schedule" to list all Gun Trust property. Rather, the Grantor will transfer NFA regulated items to the Gun Trust using a separate Assignment Form. This Assignment Form cannot be used until the AFT has approved the registration and issued the Tax stamp. The Assignment Form is NOT part of the Gun Trust; it merely offers proof of transfer to the NFA Trust. By eliminating the schedule of firearm ownership from the Trust itself, the Grantor and Trustee are not required to provide a list of all firearms owned by Trust when making later application for new NFA regulated items.
If an owner of an NFA regulation firearm creates a Gun Trust and desires to transfer the firearm to the newly created Trust, the transfer will require the submission of ATF Form 4, a background check and the payment of the $200 stamp tax. (Since the Grantor is the owner of the firearm, the Grantor can maintain possession of the item while the transfer is being processed by the ATF.)
When the Grantor dies, the Trust continues to own the property that has been assigned to the Trust. Naturally, those named as Trustees can continue to possess and use the NFA regulated firearms owned by the Trust.
WHAT FIREARMS AND ACCESSORIES ARE REGULATED BY THE ATF NFA?
Weapons and other items regulated by the NFA are generally known as Title II firearms. More specifically, federal law (26 U.S.C. 5845; 27 CFR 479.11) defines the following items as regulated under the NFA:
- a shotgun having a barrel or barrels of less than 18 inches in length;
- a weapon made from a shotgun if such weapon as modified has an overall length of less than 26 inches or a barrel or barrels of less than 18 inches in length;
- a rifle having a barrel or barrels of less than 16 inches in length;
- a weapon made from a rifle if such weapon as modified has an overall length of less than 26 inches or a barrel or barrels of less than 16 inches in length;
- Any Other Weapon (aka "AOW") as define in the statute;
- a machine gun;
- any silencer (as defined in Section 921 of Title 18, United States Code); and
- a destructive device.
Additional information regarding NFA regulated firearms is available from the ATF.
Remember, non-regulated weapons are also eligible to be transferred into a Gun Trust for joint Trustee ownership, transportation, and use.
A COMPLETE GUN TRUST PRO LEGAL DOCUMENT PACKAGE
The Standard Legal Gun Trust is valid in all 50 states: the document complies with all federal law and regulation pertaining to NFA Gun Trusts. NOTE however that some states and metropolitan areas will have specific restrictions on NFA items that can be owned or possess by the Gun Trust or Trustees, so make sure that you review and follow all state and local laws and regulations.
Gun Trusts are private documents, but must be submitted to the ATF with the appropriate application for registration.
Further, some states require that Gun Trusts be registered in the county in which the NFA regulated firearms are possessed. These states include Alaska, Colorado, Hawaii, Idaho, Michigan, Missouri, and North Dakota.
Some states have optional filing requirements, including Florida, Maine and Nebraska.
States in which Notary Requires Witness: Alabama, California, Delaware, Florida, New York and Louisiana.
SAVE THOUSANDS OF DOLLARS vs. OTHER DOCUMENT SYSTEMS!
With Standard Legal, there are no monthly licensing fees or annual subscription payments. Simply buy a title once at an affordable price, and it's your to use as often as you require. Handle one specific legal topic, or save even more money with a Collection as shown below.
So how does Standard Legal keeps its software so affordable? By keeping it simple. Our legal forms software works with fill-in-the-blank ease. We offer clear introductions and overviews to each legal form topic. And we provide straight-forward questionnaires for quick and accurate client data collection.
Why spend money on complex systems from other law companies simply to generate the exact same finished documents? Save time and money while building your business with Standard Legal!
ABOUT STANDARD LEGAL'S PROFESSIONAL EDITION TITLES
DOWNLOAD: Our Professional Edition software is provided as a downloadable .zip file. A link will be sent by email to access the download within seconds after receipt of your order.
MAILED CD: In addition to the download, the software can be burned then shipped to you on a CD via U.S. Priority Mail for $5.95 total. Simply add the SOFTWARE MAILED ON CD to your cart and purchase that option during checkout.
UPDATES:The forms within each software title are updated frequently and updates are available for download as needed. Simply log back in to your Paralegal Documents account to download the latest documents before working with a new client. Updates to the Professional Edition content are available as long as you maintain your account.
SYSTEM REQUIREMENTS & SOFTWARE FILE SPECIFICATIONS:
Standard Legal's Professional Edition software works on virtually all Windows, Apple / Mac, and Linux-based systems. Typically, the legal forms software comes in three document formats: PDF, Microsoft Word and Text files. As a general guideline, court or government created forms that must follow a specific look or format are provided as fillable, savable PDFs; long-form contracts and written agreements are provided as customizable Word and Text files, plus PDFs. (Titles that only use Court-drafted forms may come as PDFs exclusively.)
PDF forms require the download and installation of either the free Adobe's Acrobat Reader or the commercial version of Adobe Acrobat. To edit the baseline content of the PDF forms requires Adobe Acrobat.
The Word documents require a full version of Microsoft Word, Open Office, or another word-processing program that recognizes and allows for the use of fillable form fields.
The Text files can be edited with any word processing program, including pre-installed programs like Notepad and Wordpad.
Please be certain that you read and understand the complete details on the Standard Legal Professional Edition Licensing Agreement before making a purchase of this software.
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Gun Trust Professional Legal Forms Software
- Brands Standard Legal
- Product Code: SLN-PRO521
- Availability: In Stock