Silver Trust

The Silver Trust ($500.00), like the two Bronze Trusts, works great for the purchase of NFA or Title II firearms, but it is also more flexible and makes it possible for you to share both your Title I (pistols, shotguns, and rifles) and NFA/Title II (suppressors, short-barrel rifles and shotguns, etc.) firearms without committing an “accidental felony.” To SAMSUNGthis end, the Silver Trust, a 55-60 page document plus ancillary documents, provides for multiple trustees, contains specific instructions to the trustee(s) on how to handle and transfer your firearms (again, to avoid the “accidental felony”), and directs the ultimate distribution of your firearms upon your death.

Among other benefits of the Silver Trust:

  • Unlike the two Bronze Trusts, the Silver Trust does not rely on your existing will and trust documents. Instead, this trust contains extensive provision governing trustees and beneficiaries.
  • Extensive directions to you and successor trustees on how to use both your NFA and Title I firearms carefully and in compliance with the law, so neither you nor your successor/co-trustees or beneficiaries commit the “accidental felony.”
  • Spendthrift, decanting, and other such provisions.
  • Ability to do some charitable planning.
  • Ancillary forms, including sample forms for assignments and other transfers, a bill of sale, a power of attorney, and other important documents and forms to enable you to take full advantage of your trust.

If you’re interested in this trust, simply download and complete this fillable PDF form. Once you’re finished, save the form to your computer and send a copy to me via e-mail and let the process begin. I will review the information you provide, then give you a call to answer any questions before I begin drafting.

 

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