How to Fix your old Gun Trust
It’s probably the #1 Question we get:
“Can you fix my old Gun Trust?”
Your current Gun Trust isn’t what you want it to be and you want to make some changes. This usually happens because of one (or more) of the following issues:
|☑||Your Gun Trust isn’t 41F compliant|
|☑||Your trust puts a limit on the number of Co-Trustees you can have|
|☑||You don’t really have a Gun Trust at all. Instead, you’ve got a 3-page, fill-in-the-blank, Quicken Will-Maker document that you got from the gun store|
|☑||You have a stack of Amendments stapled to the back of your trust and it is starting to get really confusing|
|☑||Or, maybe your Gun Trust is just really outdated|
The problem is that you are likely dealing with one of these scenarios:
|☑||The company that sold it to you is out of business|
|☑||They won’t return your calls/emails|
|☑||They want a small fortune to make the changes|
|☑||You want to do it yourself, but you don’t know where to start|
|Fortunately, when it comes to fixing your trust, you have two good options:|
|•||You can revise your old trust by creating an Amendment; or|
|•||You can completely replace your old trust with a Restatement of Gun Trust|
Creating an Amendment
If you got your Gun Trust from the Trust Shop, creating an Amendment is really easy. All you have to do is enter your changes into the The Trust Shop Gun Trust Amendment System. Your Amendment will be created automatically & it’s completely free of charge. If you didn’t get your Gun Trust from the Trust Shop, you will have to hire an attorney to create your Amendment, create an Amendment yourself, or have us do it for you with a Restatement of Gun Trust.
Is an Amendment right for you?
To answer this question you need to understand some of the basics about Amendments.
An Amendment is a new document that becomes a permanent part of the original Gun Trust. Amendments only replace a small portion of your original Gun Trust. When you create an Amendment, you don’t remove anything from the original Gun Trust, and you don’t delete or cross out any of the language in the original trust. Instead, you simply add your changes to the Amendment and give some directions that say the new information replaces the old.
Amendments work great, but there are a few down-sides:
|1.||They only replace the section of your trust that is listed on the Amendment|
|2.||The language of the Amendment needs to match up exactly with the original Gun trust|
|3.||They have to be attached to the back of the original trust|
|4.||If you hire a lawyer, it can cost between $300 and $1000 per Amendment|
|5.||So if you make more than one revision, you are looking at a ridiculous amount of money|
Creating a Restatement of Trust
A Restatement works almost the same way as an Amendment, except that there are none of the down-sides.
And… the Restatement of Gun Trust has some major benefits.
|☑||The Restatement completely replaces your original trust (not just a single section). The only thing that doesn’t change is name of your trust.|
|☑||Automatically makes your Gun Trust 100% ATF compliant.|
|☑||There is no need to make sure the language matches exactly.|
|☑||The Restatement of Trust can be completely customized.|
|☑||No need to attach it to your old trust, which means you can toss the old trust in the filing cabinet.|
|☑||The Restatement of Trust only costs $79 when you use the Trust Shop|
|☑||There is no need to send any additional paperwork to the ATF. That means you don’t have to pay an additional $200 Transfer Fee for each of the NFA Firearms that are in your current trust.|
|☑||Best of all, when you get a Restatement of Gun Trust from the Trust Shop, you also get unlimited access to our ATF Form System and FREE revisions for life.|
The most comprehensive Gun Trust package available!
You simply won’t find a better product anywhere! 100% Customer Satisfaction Guaranteed. We love what we do… and it shows! But don’t take our word for it… Check out some of the Reviews from other Customers.