Colorado NFA Trust

Colorado Gun Law Update – Polis Signs Two Gun Bills

Note:  I use the term “prohibited person” in the video.  The exact statutory language is a person ineligible to possess a firearm — which is much broader than just a prohibited person as that term is used by the federal government.

For a complete copy of the recent Colorado laws, click the links:

https://leg.colorado.gov/sites/default/files/2021a_078_signed.pdf
https://leg.colorado.gov/sites/default/files/2021a_1106_signed.pdf

Colorado NFA Trust Termination Clause

Most of our NFA trusts contain a termination clause. In most cases, the NFA trust does not terminate at your death. The trust usually continues for the longest time applicable under the rule against perpetuities.