The Colorado Red Flag bill is on its way to becoming law. The Colorado Red Flag Bill allows the Court to issue an order requiring you to surrender your firearms. As set forth in a previous article, your firearms trust may provide additional protection from confiscation. For that reason, many people are transferring their Title […]
We strongly recommend purchasing trust firearms using trust funds. Using a trust financial account and saving the receipts properly documents the purchase by the trust. It is possible to properly document the firearm purchase without a separate trust financial account by using the Declaration of Contribution form provided with your trust, but many will find […]
I wanted to know about possibly moving to other states with your Colorado NFA trust / title II equipment. I understand that the Colorado NFA trust will not provide any legality in in terms of owning title II items if a state prohibits them, but say I move to a state that does allow title II. How difficult would it be to amend or file?
Prior to July 1, 2013, funding a Colorado revocable trust with Title I firearms was easy and uncomplicated. A generic bill of sale transferring all of the Trust Maker’s (i.e., Settlor’s) personal property transfers any currently owned, Title I firearms and accessories.
Starting on July 1, 2013, selling, transferring or possessing a Large Capacity Magazine in Colorado is a class 2 misdemeanor in Colorado.
After heated debate, Colorado enacted two laws affecting all gun owners and any person in the presence of a firearm. The first law requires a background check anytime there is a transfer of possession of a firearm. The second law prohibits the sale, transfer or possession of ammunition magazines with a capacity of more than 15 rounds.
Frequently asked questions about Colorado NFA Trusts.
More Frequently Asked Questions about Colorado NFA Trusts. Part II this time.
Do you need a Colorado Gun Trust of a Colorado Gun Trust Lawyer? There are certain restrictions and regulations that apply to the purchase and ownership of Title II Firearms, which are firearms regulated by the federal government pursuant to the National Firearms Act (“NFA)”). When individuals purchase a Title II Firearm, the Chief Law […]
So, you have never heard of an NFA Trust? A little history lesson may help you understand why NFA trusts exist and who creates NFA Trusts to hold Title II firearms.