Estate Planning Considerations for Firearm Owners
Prior research shows that 17 million people age 65 years or older own at least one firearm. Thus, the considerations in this article are important.
As individuals age, their relationship with firearms often evolves, necessitating a deeper understanding and commitment to gun safety. Whether one is a seasoned hunter, a recreational shooter, or a responsible gun owner, prioritizing safety becomes increasingly crucial with age.
Firstly, as physical capabilities may decline with age, handling firearms demands heightened caution. Reduced strength and dexterity can affect one's ability to control a firearm safely. Therefore, it becomes imperative for older individuals to adapt their shooting techniques and equipment to accommodate any physical limitations.
Moreover, with age comes wisdom and experience, which should translate into a greater appreciation for the potential dangers associated with firearms. Older individuals are more likely to have witnessed accidents or mishaps involving guns, reinforcing the importance of adhering to strict safety protocols. This heightened awareness should extend not only to personal conduct but also to the environment in which firearms are stored and used.
Furthermore, as cognitive abilities may change with age, older gun owners should regularly review and reinforce their knowledge of firearm safety principles. Memory lapses or cognitive decline can increase the risk of accidents, making it crucial to maintain proficiency in safe firearm handling practices.
In addition to personal safety, older individuals often serve as mentors and role models within their communities. By exemplifying responsible gun ownership and prioritizing safety, they can positively influence younger generations and foster a culture of responsible firearm use.
In conclusion, as individuals age, their commitment to gun safety should deepen, reflecting a combination of physical adaptation, heightened awareness, continued education, and a sense of responsibility to oneself and others. By prioritizing safety at every stage of life, older individuals can enjoy their firearms responsibly while minimizing the risk of accidents and promoting a culture of safety within their communities.
Questions to consider for your estate plan:
How many guns? Prepare a firearms inventory that lists all weapons with descriptions and serial numbers.
What do I want to happen to my guns after I’m gone? Document your answers.
Is the agent named in my power of attorney (trustee or executor) a person who is legally authorized to possess and transfer the weapon to my beneficiary?
Is my agent willing to do that job?
Are my guns going to people who are legally allowed to possess and own guns?
Are my intended beneficiaries in other states? Each state has their own regulations with regard to ownership.
Based on my current physical and cognitive abilities, should I continue to own a weapon?
These are important questions to consider in your own estate planning, and with regard to your own abilities if you own any weapons.