Guns are a prominent issue in this year’s presidential election, and this compelling conversation highlights a new opportunity for estate attorneys. Whatever the election result, firearms owners are going to be thinking about the future. As part of estate planning, gun owners will be primed to recalibrate their plans for ownership and passing their firearms to the next generation. This year alone saw additional documentation go into effect for certain gun trusts, and gun owners are concerned. Now is the time to meet with these clients and discuss their options. Specializing in firearms-related business adds a new niche to your estate planning firm. For that purpose, your practice needs Gun Docx® software.
Gun Transfer
Transferring a gun to a beneficiary isn’t the same as leaving them a motor vehicle or stocks. Federal and state regulations regarding firearms are complicated, and you want to ensure your clients are protected.
Clients may own weapons subject to the National Firearms Act. NFA weapons include short barreled rifles and shotguns, silencers and suppressors, destructive devices and pre-1986 machine guns. The latter are the firearms most likely transferred in an NFA trust. Establishing an NFA trust is the best way to provide for the transfer of such weapons upon your client’s death. Clients depend on you to make sure there are no NFA violations in a trust, and that means you must trust your software. Put your trust in Gun Docx®.
Always Up-to-Date
Firearms laws change constantly, but with Gun Docx,® you’re assured that your software is always current. The software allows you to easily update both conventional and NFA trusts. Gun Docx® was created by lawyers who are familiar with gun laws and who personally know and appreciate firearms. Without Gun Docx®, you may not have the time to draft documents for this very specific market. With Gun Docx®, you can expand your client base by drafting traditional and NFA gun trusts. Before the next President takes office in January 2017, prepare your team for this important opportunity to serve your clients better.