Special Estate Planning Required if an Estate Includes Firearms

June 10, 2025

Tax Tip:


If you own one or more guns, careful estate planning is required to avoid running afoul of complex federal and state laws. Guns are unique among personal property because federal and state laws prohibit certain people from possessing firearms. Without proper planning, there’s a risk that the government will confiscate your guns or that the executor of your estate, your trustees or your beneficiaries will inadvertently commit a felony.


Given the complexity of federal and state gun laws, consider creating a gun trust. Appoint a trustee who has expertise on gun laws, safety and storage protocols.

This material is generic in nature. Before relying on the material in any important matter, users should note date of publication and carefully evaluate its accuracy, currency, completeness, and relevance for their purposes, and should obtain any appropriate professional advice relevant to their particular circumstances.

Share Post:

By Meyers Brothers Kalicka March 2, 2026
For manufacturers planning to build new facilities or expand their existing plants, last year’s One Big Beautiful Bill Act introduced a powerful new tax incentive.
By Meyers Brothers Kalicka February 27, 2026
There are five updates to the Federal Acquisition Regulation's (FAR) thresholds: micro-purchases, small purchases, sealed bid, proposal and noncompetitive that nonprofits should be aware of.
By Katrina Arona February 27, 2026
When investors sell stocks or mutual fund shares, calculating the gain or loss for tax purposes is simply the difference between the sale price and the cost basis. In practice, however, it can get complicated. That’s because many people buy multiple shares of the same investments over time at different prices.
Show More