It comes as a surprise to many people that federal law permits civilians to own machine guns, suppressors, and similar items. They can be owned by individuals, business entities such as LLC’s and nonprofit corporations, and by trusts. Over the last fifteen years or so, the NFA trust has become the preferred method of ownership.
This presentation will discuss the legalities of owning NFA firearms, the process of forming an NFA trust, the operation of the trust, and the legal pitfalls in drafting NFA trusts.
Sean P. Healy, Esq. is an attorney in private practice. He has presented numerous continuing legal education seminars on Firearms Law and National Firearms Act Trusts to both judges and lawyers, and has given televised interviews on firearms matters and other subjects. He is also a concealed handgun instructor and an NRA-Certified Instructor and Training Counselor, with multiple certifications.
Mr. Healy’s law practice focuses on business law, civil litigation, family law, representation of property owners’ associations, and firearms and aviation matters. He is a co-author of The Legal Guide to NFA Firearms and Gun Trusts: Keeping Safe at the Range and in the Courtroom – The Definitive Guide to Forming and Operating a Gun Trust, and a co-author of InterActive Legal’s Firearms Trust Planning drafting system.