BATFE Approves INVALID Trust

In an extremely disconcerting scenario, the Bureau of Alcohol, Tobacco, Firearms, and Explosives (BATFE) has approved an application to make an NFA firearm, while acknowledging that the trust was not valid. As posted on Silencertalk.com, “Well I just got back two approved form 1 SBR’s and on the back of one of my forms it is highlighted and says ‘consult … Continue reading BATFE Approves INVALID Trust →

What’s the difference between Social Security Disability and SSI?

Generally, in order to receive Social Security Disability benefits, one has to pay into the Social Security system. The minimum one has to pay to be eligible for Disability benefits is 40 quarters of employment, which equals ten years. SSI benefits are payable to disabled individuals who have not paid enough into the system in order … Continue reading What’s the difference between Social Security Disability and SSI? →

BATFE Letter Requesting Removal of a SBR/SBS from the NFRTR

Below is a generic letter that can be sent to the BATFE when an individual wishes to convert a Title II firearm (short barreled shotgun or short barreled rifle) back into a Title 1 firearm. If you want a Word version of the below form, click here. You should send the letter certified mail and keep the receipt because … Continue reading BATFE Letter Requesting Removal of a SBR/SBS from the NFRTR →

Can I Use Quicken Will and Trust Maker for my Gun (NFA) Trust?

With the increase in use of trusts for ownership of NFA firearms, many individuals are asking whether they can use Quicken Will and Trust Maker or Legal Zoom to create their gun trust. The main reason for using Quicken/Legal Zoom is itheir cheap price. As always, you get what you pay for. While Quicken and Legal Zoom … Continue reading Can I Use Quicken Will and Trust Maker for my Gun (NFA) Trust? →

Age and Social Security Disability

The Social Security Administration considers age in making disability determinations. When a Claimant age 55 or less is seeking disability benefits, the Administration must evaluate whether or not the Claimant can perform his/her past relevant work. If the Claimant is found to be able to perform his/her past relevant work, then they are not disabled. … Continue reading Age and Social Security Disability →

Should I Consider an Irrevocable Gun Trust?

While we recommend revocable gun trusts in most situations, there are situations where an irrevocable gun trust might be the best option for a client. Specifically, with a revocable trust, a judgment creditor can attach to the assets of a revocable trust because the settlor/grantor can revoke the trust at any time. However, with an … Continue reading Should I Consider an Irrevocable Gun Trust? →

SSI and SSD– what’s the difference?

Under the Social Security Act, there are two types of disability benefits that are potentially available to Claimants who are disabled for Social Security purposes—SSI (Supplemental Security Income benefits) and SSD (Social Security Disability benefits). What are they and how do they differ? SSD Benefits— SSD benefits are available to disabled workers who have a significant work history (in most cases … Continue reading SSI and SSD– what’s the difference? →

The New Trust on the Block…The Gun Trust

As if estate planning was not already complex and all-encompassing, there is a new craze sweeping firearm enthusiasts throughout Pennsylvania and the rest of the United States. It is the Gun Trust. However, most attorneys are bewildered by this new trust and are asking: What is it? What is its purpose? What benefit does it … Continue reading The New Trust on the Block…The Gun Trust →

Recordkeeping and Identification of Trust Property in a Gun (NFA) Trust

Per 20 PA.C.S. 7780, “Recordkeeping and Identification of Trust Property,” a trustee must: 1. keep adequate records of the administration of the trust; 2. keep trust property separate from the trustee’s own property; and 3. ensure that trust property is designated so that the interest of the trust, to the extent feasible, appears in records … Continue reading Recordkeeping and Identification of Trust Property in a Gun (NFA) Trust →