A gun trust or NFA gun trust is a great tool for Wyoming gun collectors or owners. Unlike most firearms, Class 3 Firearms regulated by the National Firearms Act (NFA) and suppressors (silencers) have to be registered to an owner with the ATF. Only the registered owner can lawfully possess the NFA firearm.
The registered owner of an NFA firearm cannot loan it to another person, including at the shooting range. However, with a Wyoming NFA gun trust built by one of our gun trust attorneys, you can lawfully allow another person serving as a Co-Trustee of your Wyoming gun trust to possess the NFA firearm.
An added benefit of a Wyoming gun trust is probate avoidance upon your death. A gun trust allows you to pass on your Class 3 firearms, suppressors, and all other firearms owned by your trust to your beneficiaries and loved ones free of court supervised probate.
Contact one of our Wyoming gun trust attorneys at Olsen Legal Group today to prepare your Wyoming NFA gun trust.
Olsen Legal Group, LLC takes a client centered and individualistic approach to addressing the needs of estate planning clients. We tailor our estate plans to meet your needs and goals. At Olsen Legal Group we value getting to know each of our clients on a personal level in order to understand your values and what is most important to you as an individual and family. Our estate planners and attorneys work closely and diligently with our clients to resolve their legal issues, allowing you to return your focus to what matters most – your family and life.
