Generally, the more an item is worth, the more it will cost to probate it. So you’ll probably want to hold your most valuable property items in the trust.
Our attorneys specialize in setting up trusts for valuable collections including: collections of stamps, coins, and guns.
Many gun owners have been hearing a lot about the benefits of “gun trusts,” which are specifically designed to hold ownership of firearms. Usually, these trusts are used for firearms that are subject to strict federal and state regulations, but they may include other kinds of weapons as well. Gun trusts can make it easier to handle firearms after the owner’s death—and may prevent surviving family members from inadvertently violating the law.