In today’s video, we’re going to be discussing how to handle if you inherited or found a firearm or weapon among the deceased’s items.
When we find tangible property– I’m not talking about bank accounts or stocks, I’m talking about things that you can actually hold in your hands– we usually tell our clients put them into one of three categories. Give away, keep or throw in the trash.
There are certain assets you can’t do that with. One of them, the main one that I think of is weapons, guns, firearms. The reason is because they’re regulated. The regulations and laws change from state to state.
You want to make sure that you’re not just throwing a gun in the garbage. That’s obviously not only illegal, It’s also really dangerous because you never know who’s going to find it. You also can’t just give it to someone. You can’t just donate it to the Salvation Army. You can’t even give it to your friend.
There are certain laws and regulations you have to follow. So, if you find a gun among your Inheritance, make sure you talk to an attorney who is well versed in those laws, so you make sure you’re disposing of it properly. Even if you’re keeping it, you still have to make sure that you’re
transferring title properly so you’re doing everything legally and don’t get into any trouble. Have a great day.