Monday, 10 October 2016 00:00

Arsenal Attorneys Can Update Almost Any NFA Gun Trust with a ‘Restatement of Trust’

Arsenal symbol 4-color printAre you interested in updating, amending or revising your NFA gun trust?  Perhaps you need to change your address or add/remove trustees.  Or perhaps you just want your trust updated to comply with the new rules for NFA firearms, known as 41F.  We can take care of all these changes at once by preparing what’s called a ‘restatement’ of your trust. 

Arsenal Attorneys™ can update almost any NFA gun trust nationwide.  We recommend a ‘restatement’ of your trust using our new Arsenal Gun Trust™ designed for ATF’s new regulations.  In legal parlance, a ‘restatement’ is a complete revision of your trust.  Effectively it is an amendment of your entire trust.  Legally, the restatement would be the same as your original trust, and your original NFA tax stamps would remain valid.

There are at least five reasons why you should request a restatement of your gun trust from Arsenal Attorneys™. 

  1. We can change your existing trust to our new Arsenal Gun Trust™ design which minimizes the burdens of 41F, particularly the new ATF Form 5320.23 (‘Form 23’).  In ordinary gun trusts, all the other people in your trust would need to complete the fingerprints and photographs required by Form 23.  By using our new Arsenal Gun Trust™ design, you could be the only person who would need to complete Form 23.  By the way, most gun trusts only last your lifetime.  This means your beneficiaries would need to obtain a new tax stamp to inherit your NFA firearms.  We can help you determine how your beneficiaries could be grandfathered by your Arsenal Gun Trust™ so they can keep your trust and your tax stamps. 
  2. By receiving our services you would establish an attorney-client relationship with Arsenal Attorneys™.  Many gun trusts were made using do-it-yourself forms, this means it came without any follow up support.  In other cases, many attorneys many provided so-called gun trusts without understanding how they are used.  When we prepare a restatement of your trust, even for a DIY trust, you become our client.  Each of our trusts includes an extensive user’s guide written for you and your successors.  If you need help, we’re here for you.  If your successors need help, they’ll know to contact us.
  3. We have the expertise you need.  Our law firm is a leader in the field of firearms law.  That’s why the American Bar Association has asked us to teach gun trust law to their members in each of the last three years.  We know of no other law firm or attorney offering our cutting edge solutions for the NFA regulations that came into effect in 2016. 
  4. We’re nationwide.  We’re probably the only law firm in America offering direct attorney-client relationships to gun trust clients in almost every state.  We use no middle man.  If you or your successors live in another state, it’s likely we could help.
  5. A restatement is cost-effective compared to a partial amendment.  The rules of professional ethics as well as liability concerns would require a lawyer to examine your existing trust line-by-line before making an amendment of any part of it.  He/she would need to charge you for the time needed to complete that review, then the drafting of the amendment would be an additional fee.  We’ve organized our ‘restatement’ process so that a complete restatement almost certainly costs less than a partial amendment.  We can offer this cost savings to clients because our system and volume enables us to be efficient. 

In conclusion, how do you decide whether to get a restatement?  You can probably find the answer in your gut.  For example, have recent changes in ATF regulations discouraged you from registering new NFA firearms?  Are you concerned your gun collection will cause headaches for your loved ones when you’re gone?  Do you have questions, but no one will give you a straight answer?  If you have felt this way, contact us. 

Arsenal Attorneys™ have served thousands of clients nationwide.  Our Arsenal Gun Trust™ is designed to help you and your loved ones register, handle, and inherit firearms, particularly those regulated by the National Firearms Act, such as silencers, short barrel rifles, and machine guns.  Our firm consists over 27 attorneys licensed to serve the more than 40 states which recognize the right to own NFA firearms.  Additionally, we have represented small and large businesses, US presidential campaigns, plaintiffs in Second Amendment litigation, criminal defendants, families requesting estate plans, and more.  From our office near Washington, DC we offer high caliber services for reasonable fees.  Contact us to discuss your questions today.

Read 3612 times Last modified on Wednesday, 07 February 2018 20:50
Arsenal Attorneys

Arsenal Attorneys is a nationwide law practice with offices in Fairfax, Virginia near Washington, DC and in Rocklin, California near Sacramento. We serve large and small clients, often remotely. Depending on the client's location, our services include estate planning, civil litigation, criminal defense, business law, landlord-tenant disputes, real estate, and firearms regulations. Our team of attorneys is licensed to serve clients in over 30 states. Contact us today to discuss your goals.

 

 

 

 

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