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Gun Trusts

Tuesday, August 1, 2017

Gun Trusts: What You Need to Know


Recent tragic events underscore the importance of maintaining a dialogue about the responsible, accountable, and safe possession and transfer of firearms in our country. This is why it’s critically important for every law-abiding gun owner to stay abreast of all the complex and evolving gun laws.

For example, did you know that possession and transfer of any type of firearm to a “prohibited person” could result in a felony?  And, that in some circumstances, loaning, gifting, or sharing a particular type of firearm with someone is a crime, resulting in large fines or even conviction?

Not knowing the law could cause you to commit an “accidental felony.”  Ignorance of gun law is not only dangerous for gun owners; it is rarely the best defense.  If you own firearms, allowing others access to them involves another category of risk.


Read more . . .


Thursday, April 21, 2016

Gun Trusts: Wisconsin Estate Planning with Firearms


THE RIGHT TO BEAR ARMS MEETS NEW REGULATIONS

 

According to a 2012 poll, nearly one half of all Americans keep a firearm in their home. Many of them may be weapons subject to registration under the National Firearms Act (NFA). These weapons, which include machine guns, suppressors (silencers), short-barreled (sawed off) shotguns and destructive devices (howitzers, mortars, grenade launchers, etc.) are referred to as Type II weapons as they fall under that Article of the NFA.

The NFA, enacted in 1934, restricts the possession and transfer of Type II weapons and violation of the terms of the NFA can lead to fines of up to $250,000 and up to ten years imprisonment.


Read more . . .


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With Offices in Madison, WI and Evansville, WI, the attorneys at the Wilson Law Group assist clients with Estate & Business Planning, Probate & Trust Administration, Elder Law and Medicaid Planning throughout Southern Wisconsin including Verona, Middleton, Sun Prairie, Cross Plains, Oregon, Black Earth, Janesville, Jefferson, Fort Atkinson, Baraboo, Reedsburg, Richland Center, Mount Horeb, Monroe, Beaver Dam, Dane County, Rock County, Green County, Iowa County, Richland County, Sauk County, Columbia County, Dodge County and Jefferson County.

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