Live Seminar

Firearms in Estate Planning and Administration

Seminar

Date:

Tuesday, June 26, 2018

Time:

8:30 AM - 4:40 PM

Product ID#:

79076ER

Location:

Courtyard Manchester-Boston Regional Airport

700 Huse Rd

Manchester, NH 03101

$349.00

$339 / Each Additional

$329 / New Professional

Registration Includes Course Book

Credit Information

Continuing Legal Education

  • NH CLE - 6.60

CPE for Accountants

  • CPE for Accountants/NASBA - 8.00

Other

  • IACET - 0.70

Program Description

Legally Compliant Transfer of Firearms: Rules, Estate Planning Tools and Potential Pitfalls

Firearms in estate planning need extra attention to make sure you, your client and the beneficiaries inheriting the firearms are abiding by the intricate nuances of firearm law, especially after all the recent legislative and administrative changes. With the myriad of changing rules and regulations, if a firearm is transferred improperly or to an improper transferee, fines and jail time are a real possibility. Get a clear view of the gun rights, requirements and restrictions that impact your clients and your practice. This program will cover types of firearms, improper transfers and legal ownership of firearms. It will also offer an objective legal analysis of the use of inter-vivos and testamentary transfers and trusts that will allow your clients to successfully and legally transfer these unique assets to their intended beneficiaries. Register today!

  • Get an update on the latest laws, regulations, rulings and trends affecting gun ownership.
  • Distinguish between the different types of legal and restricted firearms.
  • Cover all your bases: can your client and beneficiaries legally own a firearm?
  • Review a sample gun trust to ensure airtight protections.
  • Choose the best estate planning instrument to transfer guns to beneficiaries in specific cases.
  • Confidently handle thorny interstate transfer issues.

Who Should Attend

This basic level seminar is designed for:

  • Attorneys
  • Accountants and CPAs
  • Trust Administrators and Officers
  • Tax Professionals
  • Paralegals

Course Content

  1. Gun Laws and Firearms Designations
  2. NFA Firearms: Categories, Registration and Possession
  3. Transfers of Firearms: Key Rules and Tools
  4. Legal Ethics
  5. Gun Trusts: Drafting and Administration
  6. Firearms in Estate Administration

Continuing Education Credit

Continuing Legal Education – CLE: 6.60 *

International Association for Continuing Education Training – IACET: 0.70

National Association of State Boards of Accountancy – CPE for Accountants/NASBA: 8.00 *


* denotes specialty credits

Agenda / Content Covered

  1. Gun Laws and Firearms Designations
    8:30 - 10:15, Jeffery Mannarini
    1. Key Firearms Designations to Understand: Title I, Title II, Antiques, Accessories, Curios and Relics
    2. Title I State Firearms Control Assistance (the "Original" Gun Control Act)
    3. Title II National Firearms Act (NFA)
    4. ATF Regulation 41F
    5. State and Local Laws, Rules, and Issues
    6. Removing Firearms from the NFA as Collectibles
    7. Firearms Forms
  2. NFA Firearms: Categories, Registration and Possession
    10:30 - 11:30, Jeffery Mannarini
  3. Transfers of Firearms: Key Rules and Tools
    11:30 - 12:30, Jeffery Mannarini
    1. NFA Transfer Rules and Compliance Issues
    2. Choice of Transfer Tools
      1. Inter-Vivos vs. Testamentary
      2. Gun Trust vs. Business Entity
      3. Gun Trust vs. Conventional Living Trust
    3. State Firearm Permissions, Registration, and Transfer Rules
    4. NICS (National Instant Criminal Background Check System) Verification
    5. Gifting and Sale Requirements, Formalities, Implications
    6. Documenting Transfers
  4. Legal Ethics
    1:30 - 2:30, Jeffery Mannarini
    1. Attorney and Adviser Liability
    2. Conflicts of Interest
    3. Protecting Confidentiality
    4. Attorney Fees and Engagement Agreements
  5. Gun Trusts: Drafting and Administration
    2:45 - 3:45, Dwight D. Sowerby
    1. Gun Trust Basics and Requirements
    2. Definition of "Responsible Person"
    3. CLEO (Chief Law Enforcement Officer) Notification Rules
    4. Review/Analysis of a Gun Trust Sample Agreement
    5. NFA Trust Accompanying Documents
    6. The Multi-Generational AP Gun Trust
    7. Multi-State Ownership Issues
    8. Gun Trust Administration Issues
      1. Adding/Removing Trustees and Beneficiaries
      2. Sharing Firearms
      3. Trustee/Beneficiary Liability Issues
      4. Disability, Death and Firearms
  6. Firearms in Estate Administration
    3:45 - 4:40, Dwight D. Sowerby
    1. Registration Issues
    2. Verifying Beneficiary Ability to Own the Firearm
    3. In-State Transfers of Title I Firearms
    4. Selling Estate-Held Firearms: Legal Best Practices
    5. Out-of-State Transfers via a Federally-Licensed Dealer
    6. Procedures for Legally Transferring Title II Firearms
    7. Regular Living Trusts Funded with Firearms: What Must be Done
    8. Gun Trusts in Estate Administration

JEFFERY MANNARINI is an associate attorney with the firm of Forman, Clark, Pockell & Kalinski, P.A. in Londonderry, New Hampshire. He assists clients in business start-up and advice, estate planning, and firearm trusts. He received his J.D. from the University of New Hampshire School of Law. He is licensed to practice in New Hampshire. While attending law school, Mr. Mannarini spent a year and a half as a legal intern with SIG Sauer, Inc., a leading firearms manufacturer based in Newington, New Hampshire. Prior to law school, he spent ten years in the film industry, working on films such as Ted, The Social Network, and American Hustle.

DWIGHT D. SOWERBY is the founder of Sowerby Law Office, PLLC, in Amherst, New Hampshire, where he focuses his practice on matters involving elder law and small business law. Mr. Sowerby earned his J.D. degree from Massachusetts Law School in Andover in 1996. Prior to law school, he was a healthcare professional and a licensed nursing home administrator who worked for others in Nashua and Derry until he became the owner/administrator of Northwood Nursing Home in Manchester. Later, Mr. Sowerby acquired nursing homes in Keene, Peterborough, Winchester and Milford. Because of his past experience as a nursing home owner/administrator, he understands and empathizes with the issues his aging clients face. In addition to his elder law practice, he has experience with estate planning, wills, trusts, and Medicaid issues. Mr. Sowerby also has first-hand experience with the challenges involved in running a business, including labor issues, staffing issues, marketing, and payroll, and he provides counsel to small business from start-up to exit. Mr. Sowerby served on a committee tasked with re-writing the New Hampshire statutes on limited liability companies. He is a member of the National Academy of Elder Law Attorneys.

Please refer to Continuing Education Credit FAQ for general information about seeking credit for your participation in one of our continuing education programs.

Additionally, our team of credit specialists are here to answer your specific credit-related questions weekdays 7am - 5pm Central:

Phone: 866-240-1890

Email: credit@nbi-sems.com

Accreditation Details:

Continuing Legal Education

NH CLE: 6.60 Includes - Ethics: 1.00
NHMCLE does not approve or accredit CLE activities for the NH Minimum CLE requirement. NBI, Inc. believes this course meets the requirements of NH Supreme Court Rule 53 toward the annual NHMCLE requirement.


International Association for Continuing Education Training

Credit Logo
N IACET: 0.70
NBI, Inc. is accredited by the International Association for Continuing Education and Training (IACET) and is authorized to issue the IACET CEU. NBI, Inc. is authorized by IACET to offer 0.7 CEUs for this program. At the end of the program, participants must complete a self-assessment in order to receive credit. 100% attendance is required. (Provider #1004558)

Upon completion of this course, attendee will be able to: 1. Provide the definition of a Title I firearm. 2. Explain what constitutes an NFA firearm. 3. List two types of firearms transfers. 4. Provide an example of adviser liability associated with guns in estate planning. 5. List at least two key gun trust provisions. 6. List at least one problem that can arise when handling firearms at estate administration.

National Association of State Boards of Accountancy

Credit Logo
N NAS: 8.00 Includes - Regulatory Ethics: 1.00, Specialized Knowledge: 7.00
NBI, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. This program is designed to qualify for 8.0 hours (based on 50 minute credit hour) of continuing professional education credit for accountants. For more information regarding administrative policies such as complaint and refund, please contact our offices at (800) 930-6182.

This is a basic level program presented in a group live setting. No advanced preparation or prerequisites are required. This course will: 1. Provide the definition of a Title I firearm. 2. Explain what constitutes an NFA firearm. 3. List two types of firearms transfers. 4. List at least two key gun trust provisions. 5. Provide an example of adviser liability associated with guns in estate planning. 6. List at least one problem that can arise when handling firearms at estate administration. No advanced preparation or prerequisites are required. Field(s) of Study -- Specialized Knowledge; Regulatory Ethics.

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Questions


How To Order

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Call: 800.930.6182
Fax: 715.835.1405
Mail: NBI
P.O. Box 3067
Eau Claire, WI 54702