Prospective clients often ask if an existing trust could also serve as their gun trust. Typically this is a very short discussion once we explain trust documents must be attached to any BATFE Form 1 of Form 4 submitted in the name of a trust. An existing trust often contains personal information unrelated to BATFE-regulated firearms.
Would you want such personal information, unrelated to your gun collection, disclosed to the Federal Bureau of Alcohol, Tobacco, Firearms and Explosives?
For those preferring privacy, a separate gun trust will avoid such unnecessary disclosures to the federal government.
Additionally, those involved with an existing trust might not be the same people you want involved with your firearms. A separate gun trust ensures those you hand pick to inherit and/or handle your firearms are well-suited.