Are your Second Amendment rights
and owning firearms important to you?
and owning firearms important to you?
Wherever you are in Colorado, if you own and use a firearm or have a collection of firearms, you may want to create a Colorado 2A Trust as part of your overall estate plan. Though a trust is not required to own or possess a firearm, our Colorado 2A Trust can make it easier for you to transfer your weapons to others, to allow others to use your firearms without exposing them to criminal liability especially if you own certain weapons restricted under federal law.
A Colorado 2A Trust is a type of revocable trust that can be used to protect the firearms of an estate owner, known as a “settlor”. Colorado 2A Trust is a legal entity and your Colorado 2A Trust will become the legal owner of the firearm, or collection of firearms, once the trust is officially signed and funded. The ownership of the firearm or collection is transferred from the you as individual to the Colorado 2A Trust itself. The settlor will designate a trustee who is responsible for administering the trust and its assets, including firearms, for the benefit of designated beneficiaries. Typically, the settlor (you) is one of the trustees.
A Colorado 2A Trust can also give you the ability to react quickly to Red Flag Orders. For instance, if one of the trustees or the settlor become the subject of a Red Flag Order, if the firearms are owned and possessed by your Colorado 2A Trust another trustee may take possession of the firearms without having to surrender the firearms to the local authority.
Please reach out to us to discuss your questions about setting up your Colorado Firearms Trust. Contact Us
The information contained on this website is provided for educational and informational purposes only. It is not legal advice and should not be construed as providing legal advice on any subject matter. Colorado and federal laws frequently change. As a result, the content on this website is not necessarily up to date, nor comprehensive. Contact us or another attorney with any legal questions specific to your matter.