Nfa Gun Trust Form - Arizona

Fillable Printable Nfa Gun Trust Form - Arizona

Nfa Gun Trust Form - Arizona

RIZONA

NFA

RUST

REPARATION

GREEMENT

GUN TRUSTS PREPARED BY A GUN TRUST LAWYER

Complete this agreement to hire Arizona Gun Trust lawyer

Richard Keyt of the KEYTLaw, L.L.C. law firm (the “Firm”) and

Florida Gun Trust lawyer

David Goldman of the Apple Law Firm, PLLC, to prepare an NFA Gun Trust for an Arizona resident

for $600. Paragraph 3 on this page states exactly what the Firm will do. Arizona Wills, Trusts and estate planning attorney

Richard Keyt, a former partner in one of the largest law firms in Arizona, has practiced law in Arizona since 1980. After law

school Rick obtained a masters degree (LL.M.) in federal income tax law from New York University School of Law.

For information about the Firm see www.keytlaw.com and Rick’s biography

. For information about the Apple Law Firm see

www.jacksonvillelawyer.pro and David’s biography. For in depth articles and information about Arizona Gun Trusts go to

Richard Keyt’s Arizona Gun Trust website. For information and articles about Gun Trusts generally go to David Goldman’s

Gun Trust Lawyer Blog. If you have questions about an Arizona Gun Trust or this Agreement call Richard Keyt at 602-424-

4152 or David Goldman at (877) 7GUN - LAW. We do not charge for questions about preparing Arizona Gun Trusts.

Complete Arizona Gun Trust Preparation Services: The Firm and the Apple Law Firm will perform the following legal

services for a guaranteed amount of $600:

Unlimited phone calls to Gun Trust lawyers® Richard Keyt or David Goldman to answer questions about preparing

your Arizona Gun Trust.

Prepare and send to you via email in Adobe pdf format a custom drafted NFA Gun Trust Agreement that complies

with Arizona’s trust and gun laws.

Prepare and send to you via email in Adobe pdf format a Certification of Trust. This is a short, abbreviated

document that can be used to give to third parties to prove the existence of your Gun Trust. It is signed before a

notary by a trustee of the Gun Trust who states in the document the name of the trust, the date it was created, the

name(s) of the trustee(s) and the powers held by the trustee(s) under the trust agreement. When a third party such

as a bank asks for a copy of your trust you give the third party this document rather than your actual trust agreement,

which is a confidential document.

Assignment of NFA Firearms to Trust. This is the document by which the owner of an NFA firearm transfers

ownership of the weapon to the trustee(s) of the NFA Gun Trust.

Prepare and send to

you via email in Adobe pdf format David Goldman's comprehensive NFA Gun Trust

Instructional Memorandum that explains how to purchase, transfer, use, share, transport, store the firearms as well

as how to use the Gun Trust based on questions and feedback David has gotten from thousands of his Gun Trust

clients.

Provide Digital Document Storage of Your Arizona Gun Trust Documents. After the trustmaker and trustee(s)

sign the Gun Trust Agreement and the Certification of Trust and you send the entire signed documents to Richard

Keyt and David Goldman, we will scan your documents and keep them in our digital document management system

in case you lose your original documents and all copies.

We require payment in advance before we provide any services. Unless there are unforeseen costs (for example you want

us to send documents to you via FedEx) or developments or you hire us for additional services (at our current hourly rates),

the amount you agree to pay in this Agreement will be the only amount you pay us for our Gun Trust services. We will send

itemized invoices. You agree to pay any unpaid amount within ten days after we mail the invoice. If you do not pay an

invoice within thirty days, we may charge interest on unpaid amounts at the rate of 1.5% per month, and we may terminate

our services and/or withdraw from further representation of the company. The entire amount you pay KEYTLaw, LLC, for

fees and costs is nonrefundable, but you may nevertheless discharge KEYTLaw, LLC, and Richard Keyt at any time and in

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that event you may be entitled to a refund of all or part of the fee based upon the value of the representation. The person

who pays our fees and costs by credit card confirms that the company that issued the credit card allows charges for future

services, costs and expenses.

We are not acting as your attorney in advising you with respect to this Agreement because we would have a conflict of

interest in doing so. You authorize the Firm and the Apple Law Firm to split all fees payable under this Agreement. Although

we intend to maintain in digital format all signed documents you send to us, we do not guaranty that we will be able maintain

your documents forever. You agree that we are not responsible for any harm you may suffer arising from our failure to

maintain and deliver to you any documents you deliver to us for digital storage.

EXPLANATION OF A TRUST

A Trust is a legal entity created by one or more people (called “Trust Maker,” “Trustor” or “Settlor” – these terms have the

same meaning) through which a person, persons, entity or entities (called a “Trustee”) has the legal obligation to manage the

assets owned by the Trust for the benefit of a person, persons, an entity or entities (called a “Beneficiary”).

A “Living Trust” is a Trust created by a Trust Maker while he or she is alive. A “Testamentary Trust” is a Trust created in a

Last Will & Testament that is created after the Trust Maker dies. Living Trusts are revocable or irrevocable. A revocable Trust

is a Trust that the Trust Maker can modify or terminate after the Trust is created. An irrevocable Trust is a Trust that cannot

be modified or terminated by anybody other than a court after it is created. Our NFA Gun Trusts are living Trusts that are

revocable until a Trust Maker dies or becomes incapacitated at which time the Gun Trust becomes irrevocable.

A Trust is evidenced by a written Trust Agreement signed by the Trust Makers and the Trustees. The Trustees have the legal

obligation to comply with the terms and conditions of the Trust Agreement. A Trustee who fails to comply with the Trust

Agreement can be sued by and can be liable to the Beneficiaries for damages they suffer from the Trustee’s breach of the

Trust Agreement.

An NFA Gun Trust is a special type of Trust. The NFA Gun Trust is a Trust that has the sole purpose of holding and owning

NFA Title II firearms. It should not own any other types of assets except perhaps Title I firearms.

INFORMATION ABOUT THE GUN TRUST, TRUSTEES & BENEFICIARIES

You Must Read the Following Explanatory Text before Completing this Form

In Part 1 below, you must list all Trust Makers, Trustees and Beneficiaries of the Gun Trust. Before you complete this

Agreement, you must understand these three terms and decide who will be the Trust Makers, Trustees and Beneficiaries of

your Gun Trust. These terms have the following meaning:

Trust Maker (aka Trustor or Settlor): The Trust Maker is a person who creates the Gun Trust. There can be more than one

Trust Maker, but you must name a minimum of one Trust Maker. Trust Makers have the legal right to terminate or amend the

Gun Trust, including the right to add or remove Trustees and Beneficiaries. Think of the Trust Maker as the person who has

the ultimate control of the Gun Trust. If you want to be the only person who has the ultimate control then you should be the

only Trust Maker.

Trustee: A Trustee is a person named in the Gun Trust Agreement that has possession, control and legal ownership of the

firearms held in trust for the benefit of the Beneficiaries. The Gun Trust must have a minimum of one Trustee and it may

have multiple Trustees. All trustees must sign the Gun Trust and will have the legal obligation to comply with the terms and

conditions of the Gun Trust Agreement. Trustees owe fiduciary duties to the Beneficiaries and can be sued by a Beneficiary

for breach of a fiduciary duty or breach of the Gun Trust Agreement. Important Note: Insert the names below of every

person who you want to be able to possess, transport and use a Title II firearm. If you want to possess, transport and use the

firearms do not forget to name yourself.

Initial Trustee(s): When the Gun Trust is created, at least one Trustee must be named in the Trust Agreement. The

Gun Trust can have multiple Trustees from day one. The Trustee(s) named in the Trust Agreement to be the first

Trustee(s) are called “Initial Trustee(s).”

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Successor Trustee(s): The NFA Gun Trust Agreement should name one or more successor Trustee(s). A

successor Trustee is a person who will become a Trustee on the occurrence of an event such as the resignation,

death or incapacity of the last initial Trustee or an earlier successor Trustee. The Gun Trust should name at least

one successor Trustee. Multiple successor Trustees are recommended. We recommend the Gun Trust have at least

a first and a second alternate successor Trustee.

Beneficiary: A beneficiary is a person for whose benefit the Trustee(s) hold the firearms in trust. The Gun Trust must have

at least one current beneficiary and one future beneficiary. The Gun Trust can and should have multiple beneficiaries. The

are two types of Beneficiaries: current and future. A current Beneficiary is a person or persons who are beneficiaries NOW,

not later. A future Beneficiary is a Beneficiary who will not become a Beneficiary until the happening of an event in the

future such as the death of all of the current Beneficiaries.

Example 1: Homer Simpson wants to purchase a silencer and have it owned by his NFA Gun Trust. Homer names himself

as the only Trust Maker, Trustee and current Beneficiary of the Gun Trust. Homer’s wife Marge is the successor Trustee and

the future Beneficiary. Homer will be the only person who can legally possess, transport and use the Title II firearm while he

is the sole Trustee. When Homer dies or if he becomes incapacitated, Marge will take over as Trustee and at that time she

may possess, transport and use the Title II firearm.

Example 2: Homer Simpson wants to purchase a silencer and have it owned by his NFA Gun Trust. Homer names himself

and his wife Marge as the two Trust Makers, co-Trustees and current Beneficiaries of the Gun Trust. Bart Simpson is the

successor Trustee (but he must be at least 18 years old to inherit the firearms) and the future Beneficiary. Both Homer and

Marge can legally possess, transport and use the Title II firearm while they are Trustees. If one spouse dies or becomes

incapacitated, the other spouse may continue as the sole Trustee and sole current Beneficiary. When the surviving spouse

dies and if Bart is over 17, Bart will take over as Trustee and current Beneficiary and at that time he may possess, transport

and use the Title II firearm. The Simpsons name their neighbor Ned Flanders as the successor Trustee and future

beneficiary if they were both to die when Bart is under age 18.

Part 1: Trust Name & Names & Contact Information for All Trust Makers

Complete for Every Person Who Will be Creator (Trust Maker)

We represent only the Trust Makers. We do not represent any Trustee or Beneficiary

Name of the Gun Trust: ______________________________________________________________________________

No. Name of Trust Maker Address, Email & Phone Number

1 ________________________________________ ______________________________________________________

This is our contact to whom we send the Trust Mailing Address Residence County

__________________ _______________________________

Phone Number Email Address

2 _____________________________________ ______________________________________________________

Mailing Address Residence County

__________________ _______________________________

Phone Number Email Address

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Part 2: Names of All Trustees & Beneficiaries of the Gun Trust

Name Initial

Trustee

Successor

Trustee

2nd

Successor

Trustee

Current

Beneficiary

Future

Beneficiary

__________________________________________

RUST

AKER

’

IGNATURE

Every Trust Maker must sign this Agreement.

____________________________________________

Print 1

Trust Maker’s Name

____________________________________________

Signature of 1

Trust Maker

KEYTLaw, L.L.C., an Arizona limited liability company

By:___________________________________

Richard Keyt, Manager

____________________________________________

Print 2nd Trust Maker’s Name

____________________________________________

Signature of 2nd Trust Maker

HOW TO DELIVER THE SIGNED AGREEMENT TO KEYTLAW

Fax: Fax this Agreement directly to the Firm at 602-297-6890. You do not need a cover sheet.

Snail Mail: Mail or deliver the Agreement in a sealed envelope addressed to Richard Keyt, KEYTLaw, LLC, 3001 East

Camelback Road, Suite 130, Phoenix, Arizona 85016.

HOW TO PAY

Online Preferred Method: Click on this link to go to our secure online store

and pay by Visa, MasterCard, American

Express or Discover credit card. The URL to our store is www.keytlaw.com/pay-for-gun-trust.

Snail Mail: Mail or deliver your check payable to: KEYTLaw, LLC to Richard Keyt, KEYTLaw, LLC, 3001 East

Camelback Road, Suite 130, Phoenix, Arizona 85016.

Phone: To give your credit card information over the phone to KEYTLaw legal assistant Milena call her at 602-424-4159.

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