If you or a loved one lives in a house with a firearm, or you own guns yourself, it’s important to make clear what you want done with those firearms after you pass away, or if you become disabled. A new tool called Firearm Life Plan is making it easier for people to be clear on their goals and intentions, when it comes to their firearms. Planning ahead for the safe transfer of firearms in the event of disability or death can give you peace of mind, and also help you protect others who might be at risk if they gain access to a gun.
There are four parts to the plan, which is based on safety and personal responsibility, along with the value of preparation. Included in the plan is:
The people who created the Firearm Life Plan hope that shooting ranges, gun shops, and gun industry groups will see the value of the plan, and start making it available to their patrons. By doing that, it’s possible to potentially save lives, and to make sure firearms are transferred safely and responsibly. Since nearly 42% of people over the age of 65 live in households that have firearms, there are plenty of people who could use this plan to make decisions.
Additionally, it’s estimated that as many as 60% of people who have dementia live in homes that have guns. Making sure these people are kept safe, especially as their condition declines, is one of the biggest benefits of having a firearm plan in place.
At The Estate Planning & Legacy Law Center, we understand the importance of Wills and estate planning, no matter what stage of life you are in. We are committed to making the process as simple and straightforward as possible, helping you protect those who are most important to you. To learn more and to schedule an initial consultation, contact us today.