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This program was recorded on September 19, 2019
So, your clients think they need gun trusts, but you do not know what it is or how to draft one. What if I told you that in two hours you will know what it is and how you might go about drafting one? This presentation includes an overview of gun trusts, including the law, an in-depth look at their drafting and a discussion on some of the frequently asked questions pertaining to attorneys’ who draft gun trusts (How should you market your gun trusts? How do you incorporate a discussion on gun trusts with your clients?).
Michael is a senior associate practicing estate planning and wealth preservation within the firm’s Corporate Department. His major areas of focus are estate planning, estate administration, asset protection, and tax law.
Michael has published numerous articles on estate planning and wealth preservation. He is an associate articles editor for Probate & Property Magazine and reports annually from the Philip E. Heckerling Institute on Estate Planning for the American Bar Association Section of Real Property, Trust and Estate Law.
2 General Credits
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- Background information on firearms and trusts containing firearms
- Uniform Trust Code
- Federal law considerations
- State law considerations
- Caselaw related to gun trusts
- Drafting a gun trust
- Introductory Clauses
- During the Grantor’s lifetime
- Disposition at the Grantor’s death
- Administrative clauses
- Identification of Trustee
- Trustee Succession
- Trustee Powers
- Additional considerations
- Signature, witness and notary
- Drafting checklist
- Gun trust attorney marketing advice