Among the many possible changes affecting our right to own firearms, the requirements for ownership of firearms currently regulated by the National Firearms Act (NFA) could undergo amendment. A wider range of firearms could become regulated by the NFA. Some restrictions may be lifted while others may be added. For trusts under the NFA, the CLEO signature might change at some unknown date, if at all, but your NFA ownership could become disclosed to your local Chief Law Enforcement Officer (CLEO)–unlike now. Also for trusts, new requirements for fingerprinting and mug shots could be added for the people involved.
Isn’t that one step forward and two steps back?
Meanwhile, the NFA owner would still need to worry about the possibility of a felony if he/she lacks ‘dominion and control’ over his NFA firearms due to actual or constructive possession by others. Also, it would seem, the NFA owner must become even more concerned about how firearms are inherited. In these respects, the Arsenal Gun Trust would become more important than ever.
In conclusion, just as a person may reasonably conclude now is the time to acquire firearms while supplies and the law allow, so should one take advantage of existing legal conditions now if one believes worse conditions are to come. We’re working every day to help clients get their affairs in order.
Taking a step forward today, could be better than making one step forward and two steps back tomorrow.