A Firearm Trust is a legal entity created to hold firearms and related items. It is typically used to transfer firearms between individuals, or to provide for the transfer of firearms to a beneficiary upon the death of the owner. The trust is established by a grantor, who is typically the owner of the firearms, and is managed by a trustee. The trust is typically established to provide for the safe and legal transfer of firearms, and to protect the grantor from potential liability.
The Firearm Trust market is composed of legal professionals, such as attorneys and trust administrators, who provide services related to the establishment and management of firearm trusts. These services include the drafting of trust documents, the filing of necessary paperwork, and the ongoing management of the trust.
Companies in the Firearm Trust market include Gun Trust USA, NFA Trusts, and TrustArms. Show Less Read more
