Fair Market Value, Marketable Cash Value, and Appraised Value When families, executors, or fiduciaries begin sorting through an estate, one of the first questions they ask about firearms is simple: what are they worth? The challenge is that “value” is not a single number. Firearms can carry three very different values depending on the purpose and the standard being applied. If you want to file an accurate probate inventory, avoid disputes among heirs, or make the right decision about liquidation, you need the correct definition for the task in front of you. Below is the framework I use for every MDRF appraisal assignment. These distinctions come straight from professional appraisal practice, the Uniform Standards of Professional Appraisal Practice (USPAP), and the way the real market behaves. Understanding the differences will help you make informed decisions that stand up in court, satisfy beneficiaries, and protect the integrity of the estate. Estate Gun Appraisals in St. Louis: What You Need to Know How to understand firearm value in estates and why the correct valuation standard matters. Fair Market Value: What a Willing Buyer and Willing Seller Agree On Fair Market Value (FMV) is the standard used by courts, the IRS, and most professional appraisal assignments. FMV represents the price a willing buyer would pay and a willing seller would accept when neither party is under any pressure. Both sides understand the facts, the condition of the firearm, and the typical market. This is the value used in: Probate inventories and legal filings IRS Form 706 for estate tax Insurance coverage adjustments Equal distribution among heirs FMV reflects retail-level pricing supported by comparable sales . To determine it, I reference: Recent auction results from Rock Island, Morphy, GunBroker and similar markets Condition grading using PPGS Manufacturer variants, rarity, and local demand FMV is not the same as a quick-sale price. It is the number that represents fair, knowledgeable, normal market behavior. Marketable Cash Value: The Real-World Liquidation Price Marketable Cash Value (MCV) is what you can convert the firearm into today if you want cash without delay, without listing it, and without accepting risk. It is the walk-away number. Families choose MCV when they want to remove firearms quickly, finalize an estate without additional work, or avoid the risks of selling to the general public. MCV is always lower than FMV because it reflects: Time required for resale Federal compliance costs Storage, insurance, and risk Market fluctuation Cleaning and inspection Listing fees and credit card fees The easiest example is the used car model. A dealer buys below retail because they assume the resale risk. Firearms work the same way. A licensed FFL or estate-buying specialist carries the responsibility to resell, comply with federal law, and handle the entire process. MCV is the cash value that accounts for these realities. Families often choose MCV when they want a fast, compliant solution or when an executor needs to simplify the entire asset list. Appraised Value: A Documented and Defendable Professional Opinion Appraised Value is not simply what something is “worth.” It is a formal document prepared by a qualified appraiser using verifiable data, professional methodology, and a recognized grading standard. Appraised Value is used in: Legal proceedings Insurance policies Trust documentation Disputes or contested estates High-value collections USPAP-compliant work for fiduciaries An appraised value assignment often uses FMV as the required definition, unless the attorney, trust officer, or insurance carrier needs a different standard such as Replacement Value or Liquidation Value. A formal appraisal includes identification of the firearm, PPGS condition grading, valuation methodology, comparable sales, photographs, and a digitally signed certification. This is why attorneys, accountants, and fiduciaries often choose an appraisal even when the family only plans to sell. It removes uncertainty, manages risk, and documents the asset in a way courts recognize. How the Three Values Work Together It helps to think of these three numbers as tools. Each serves a purpose. Fair Market Value  is the standard for courts and the IRS. Marketable Cash Value  is the practical, immediate cash number. Appraised Value  is the defensible, documented opinion that supports legal and professional decisions. Firearms in a Trust: What Every Bank Trust Officer Should Know Families sometimes assume all three numbers should match. They rarely do. The correct value depends entirely on the goal, the level of documentation required, and the legal environment surrounding the estate. A simple visual showing how Fair Market Value, Marketable Cash Value, and Appraised Value each serve a different purpose in estate firearm decisions. Why This Matters for Estate Work in Missouri Firearms in estates require careful handling. A misapplied valuation standard can cause: Incorrect probate filings Unequal heir distributions Undervalued insurance coverage Missed opportunities to maximize value Legal exposure for executors or trustees By using the appropriate value type and documenting it correctly, you protect the estate, the fiduciaries, and the beneficiaries. This is the foundation of every professional engagement I handle at MDRF. Whether the assignment is a single heirloom revolver or an entire collection, the goal is simple: deliver an accurate, legally sound value that supports the estate’s needs. A Final Thought When firearms enter probate or a professional estate process, value is never one number. The right valuation standard keeps everyone aligned and prevents mistakes. If you are helping a family, acting as an executor, or managing a trust, I can help you determine the correct valuation framework for your situation and provide the documentation you need for a compliant and clean estate file. Contact Us Today | Request a Free Appraisal 📞  Call us 📍  Or visit us at: 6414A Hampton Ave, Suite #11 , Saint Louis, MO 63109 📩  Email

When families in Missouri sort through an estate, they often find a few firearms tucked away in a safe or closet. The first thought is usually, “Let’s just sell them at the estate sale.”  It seems simple, until it isn’t. Selling firearms from an estate without understanding the rules can create serious legal, financial, and documentation problems. What looks like an easy sale can turn into lost value, invalid probate filings, or even federal exposure if done incorrectly. Below, I break down the most common pitfalls of DIY estate gun sales in Missouri and show how to protect your family, your client, and the estate’s integrity. The Hidden Costs of DYI Estate Gun Sales in MO Common Pitfalls 1. The DIY Temptation Estate sales are built on convenience. Non-licensed sellers often list household goods, tools, and even firearms “on behalf of the family.” Most mean well, but firearms aren’t furniture, they’re regulated assets that require documentation and care. Without an FFL or certified appraiser involved, sellers can’t confirm a buyer’s eligibility, track serial numbers, or create the records probate courts rely on. What starts as a quick transaction can later raise questions like, “Where did that gun go?”  or “Was this sale even legal?” 2. Legal Risks Hiding in Plain Sight Missouri law allows private firearm sales in many cases, but federal law still applies . Selling a gun across state lines, to a prohibited person, or without a traceable record can expose both the estate and the executor to risk. Executors have a fiduciary duty to manage assets responsibly. If a firearm later surfaces in a crime or theft trace, an unrecorded sale can pull the estate, and the family, into a preventable mess. For NFA items such as short-barreled rifles or suppressors, the danger is even higher. A simple misunderstanding about registration or Form 4 transfers can lead to felony level violations, even when the seller had no ill intent. 3. The Financial Cost of Guesswork DIY sellers often underestimate the value of firearms, especially older or collectible models. Without a certified appraisal, estates routinely leave money on the table. I’ve seen families sell heirlooms at a fraction of their worth simply because they compared prices to online classifieds or pawn offers. A proper appraisal based on Blue Book of Gun Values and Photo Percentage Grading System (PPGS) standards often reveals a 30–50% difference in fair market value. Probate courts also require defensible numbers. A written offer or certified appraisal isn’t just paperwork, it’s proof of due diligence. 4. The Hidden Time Drain Executors already juggle paperwork, deadlines, and family expectations. Adding “firearm seller” to that list rarely goes smoothly. DIY sales mean vetting buyers, fielding calls, packaging shipments, and learning transfer laws on the fly. Licensed dealers and appraisers streamline that process. They handle the ATF forms, background checks, shipping, and records, so the executor can focus on settling the estate rather than managing firearm logistics. 5. Estate-Sale Guns: A Gray Area Worth Respecting It’s common to see firearms listed in local estate sales or weekend auctions by non-licensed sellers “helping the family.” That practice sits in a legal gray area. Selling on behalf of another person, especially when you’re handling multiple firearms or setting prices, can look a lot like engaging in the business of firearm sales without a license , something the ATF takes seriously. Beyond legal exposure, there’s practical risk. Without background checks, a sale could go to a prohibited buyer. Without a written transfer record, the estate loses traceability. Without an appraisal, the heirs lose value. Before any estate sale company lists firearms, they should partner with a local FFL. It keeps everyone compliant and documented, and it prevents simple oversights from becoming headlines. 6. The Safer, Smarter Alternative Working with a licensed dealer or certified firearms appraiser eliminates most of these problems. At MDRF Enterprises, we: Provide certified USPAP-aligned appraisals  accepted by Missouri probate courts. Handle ATF-compliant transfers  with full documentation. Offer written purchase offers  that show comparable market values. Manage in-home inventories  discreetly and professionally. The result: families get a fair, defensible outcome, and the executor can close the file knowing everything was handled legally and transparently. Word from Drew The “easy way” of selling guns from an estate often ends up being the most expensive path. Legal exposure, undervalued sales, and missing documentation can cost far more than a professional appraisal or dealer transfer. If you’re handling an estate or working with a client who discovered firearms, start with an appraisal. It protects everyone involved and ensures those firearms are transferred, documented, and valued the right way. Contact Us Today | Request a Free Appraisal 📞 Call us 📍 Or visit us at: 6414A Hampton Ave, Suite #11, Saint Louis, MO 63109 📩 Email (This article is for general educational purposes and not legal advice. For specific legal questions, consult an attorney.)

The Backstory: A Legal Sale at First A few years ago, a customer purchased an Auto-Ordnance Thompson from MDRF Enterprises. Everything was by the book: ATF Form 4473 completed, identification verified, and the firearm transferred through our Federal Firearms License (FFL). The buyer was a World War II enthusiast who had admired the Thompson for years. Thompson About a year later, he decided to sell it privately. He sold the Thompson to someone he knew from his neighborhood barber shop. The buyer seemed trustworthy, shared his WWII interest, and lived locally. They agreed on a cash price. No paperwork. No background check. No licensed transfer. A Federal Firearms License (FFL)  allows licensed dealers to legally transfer, sell, or consign firearms while complying with all ATF background checks and paperwork requirements. The original sale went through our FFL. The second one did not. As a Federal Firearms License (FFL) holder, MDRF Enterprises follows strict ATF requirements for transfers, sales, and consignments. The first sale went through our FFL. The second one did not. When Things Fall Apart At first, the new owner kept the Thompson as a display piece. But life unraveled. He lost his job, fell into addiction, and began trading off his possessions. The Thompson was one of the first things to go. Eventually, the gun surfaced at a crime scene. It wasn’t used in the crime, but it was present. That was enough for federal agents to initiate a firearm trace request. A firearm trace request  is an official inquiry by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) to identify the history of a gun found at a crime scene. Traces typically begin with the original sale and follow the chain of custody through licensed dealers and private owners. FFL Transfer Paperwork “Selling a gun legally doesn’t erase your name from the story. The trace can still lead back to you.” What Happens During a Trace A firearm trace request is an official inquiry by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) to identify the history of a gun found at a crime scene. Traces start with the original FFL sale and follow the chain of custody. In this case, the serial number matched our records. We pulled the Form 4473, confirmed the buyer’s information, and submitted the paperwork as required. For us, the process ended there. For our customer, it didn’t. Why Private Gun Sales Come Back to Haunt You The ATF showed up at his door. He had no paperwork to prove he no longer owned the Thompson. He wasn’t charged, but he was questioned, documented, and shaken. Under Missouri law, private firearm sales are legal. But when you sell without a background check or transfer record, your name stays tied to that gun. If it’s ever misused, stolen, or linked to a crime, the ATF will still come knocking. The Risks of Private Sales: No background check means you could be seen as responsible. No transfer record leaves you exposed to legal or civil risk. The original seller can be investigated or flagged. Ignorance of federal law is not a defense. What I Tell Every Gun Owner Now If you want to sell a firearm, use a licensed dealer. We log every transfer, run background checks, and give you legal protection a private sale cannot provide. Without that documentation, your name stays attached in every traceable database. The person you trust today could be in trouble tomorrow. If that gun turns up in the wrong place, you may still be the one the ATF contacts. If You’re Not Sure What to Do with a Firearm Whether you inherited a gun, are downsizing a collection, or need to remove firearms from an estate, MDRF Enterprises can help. We handle legal firearm transfers in Missouri and provide discreet, compliant service throughout the Saint Louis area. 👉 Learn more about selling or transferring firearms legally . We’ve also answered more of these questions in our Estate Firearm FAQ for Professionals , including key guidance for attorneys, fiduciaries, and liquidators who want to avoid costly compliance mistakes. 🔚 Final Word This story comes straight from the Gun Desk. —Drew McDermott Owner, MDRF Enterprises www.mdrfenterprises.com

Clear Rules, Murky Waters and a Better Way Forward You’d be surprised how often this happens: an estate liquidator calls us halfway through a home setup because they “just found a couple long guns in the back closet.” Or they call after the sale, when a buyer is asking for paperwork. Either way, the moment is always the same, that pivot from “this is just another job” to “wait, are we even allowed to sell these?” Firearms in estate sales aren’t rare. But what is rare? Clear understanding of the laws involved. Let’s talk about where the rules are clear, where they get muddy, and how we help estate buyers and liquidators navigate it all, safely, legally, and without drama. What the Law Says (and Doesn’t Say) ✅ CLEAR: If you’re the executor of an estate, you can sell or transfer firearms, as long as you follow state and federal laws. Estate-type auctions , where the executor retains possession and uses an auctioneer as an agent, do not require an FFL (per ATF Ruling 96-2). You must not transfer a firearm to someone prohibited from owning one. full stop. The Law ⚠️ AMBIGUOUS: Here’s where it gets tricky. Under federal law, if you are “ engaged in the business ” of dealing in firearms , you need a Federal Firearms License (FFL). But what does that mean? “Engaged in the business” is defined by the ATF as someone who devotes time, attention, and labor to dealing in firearms as a regular course of trade or business . even if they don’t take title to the guns. (ATF Ruling 96-2, 18 U.S.C. § 921) Sounds simple. But what if you’re not running a business, just clearing out an estate with five guns? What if you’re an estate buyer who bought the house and contents together, and now you’re sitting on a couple of old rifles? Is that “engaged in the business”? Depends who’s asking. Even professionals get caught in this gray zone. We’ve seen people think selling one or two firearms a year is “safe,” only to be surprised when it creates a compliance issue. “Bought the House, Got the Guns?” This one comes up more than you’d think. Let’s say you’re an estate buyer or investor. You buy a property, maybe at auction, maybe in a handshake deal, and it comes with “ everything inside .” You flip furniture, scrap appliances, and maybe even resell tools or collectibles. But if that “everything” includes firearms, you’re in a different legal category. At that point, you’re no longer selling firearms as an agent of the estate , you own them. That means if you sell them without going through a licensed FFL , you might be engaging in unlicensed dealing, especially if it’s more than a one off event. We’ve helped folks in exactly that spot. They weren’t looking to break any laws, they just didn’t realize that a forgotten .30-30 under the bed carries a different set of rules than a bedroom set or toolbox. A from an Estate Sale Real Example: “The Storage Unit Surprise” Not long ago, a liquidator contacted us about a South County storage unit sale . They’d been hired to clear it out, a basic estate liquidation job. Halfway through, they opened a locked crate: three rifles, a couple pistols, and two cans of ammo. No paperwork. No idea whose they were. They could’ve guessed and moved on, instead, they called us. We showed up the next morning, did an inventory, verified serials, and helped determine what could be sold and how. The liquidator got paid, the heirs got value, and nobody ended up in a bind. You’re Not a Gun Dealer and That’s Okay Most estate sellers and buyers aren’t “gun people.” And they don’t want to be. You’re not looking to become an FFL, and you definitely don’t want to land in a federal gray area over a forgotten revolver in a sock drawer. That’s why we’re here. The Bottom Line: Why It’s Worth Calling MDRF First At MDRF Enterprises, we work with estate buyers, liquidators, and auctioneers across Greater Saint Louis to make firearm handling legal, simple, and discreet . Whether you’re facing a single handgun or a 40 rifle collection, we take the uncertainty out of the picture. As a licensed FFL, we: Conduct on-site pickups (you don’t move a thing) Offer appraisals, consignment, or cash offers Handle paperwork and background checks Protect you and your clients from unintentional violations Final Thought: Don’t Guess You’re good at what you do. So are we. If you find firearms in an estate, home, or storage unit, or if you’re not sure what to do with one you already have, give us a call. It’s not just about following the law. It’s about doing right by your clients, your business, and your peace of mind. Visit our dedicated estate buyer page for services tailored to professionals. “If you're unsure whether a sale requires FFL involvement, consult our legal firearm FAQ .” By: Drew Gun Buyer | St. Louis, MO | MDRF Enterprises https://www.mdrfenterprises.com

When a trust or estate crosses your desk, odds are it’s packed with the usual suspects, real estate, financial accounts, maybe a classic car or two. But occasionally, something less familiar turns up: firearms . Whether it’s a hunting rifle in the closet or a full gun collection in a safe deposit box, this category of asset brings unique challenge, and risks, that every trust officer should be aware of. Over the past twelve years working with estate professionals throughout Saint Louis, I’ve seen firsthand how often firearms end up in limbo. The laws are complex, families are often unsure of what to do, and institutions understandably want to avoid liability. So let’s walk through the essentials, including some practical options that protect your institution, fulfill fiduciary duties, and keep the process smooth for the beneficiaries. Estate Plan Understanding the Basics: Firearms as Trust Property Firearms are legally considered personal property, but they don’t behave like your typical baseball card or art collection. Unlike most assets, they’re heavily regulated at both the state  and federal  level, especially if the firearm in question falls under the National Firearms Act (NFA), such as a suppressor or short-barreled rifle. In Missouri, it’s legal to include firearms in a trust, but how those firearms are stored, transferred, or liquidated  can trigger criminal or civil issues if not handled correctly. Even well meaning heirs or trustees can run afoul of the law without realizing it. As a trust officer, your institution is held to a higher standard, acting improperly or overlooking state and federal firearms regulations could expose you to liability . That’s why even simple decisions (like who’s removing guns from a residence or how they’re valued) require careful thought and documentation. Common Situations That Raise Red Flags We often assist banks and trust departments with one of these common scenarios: Unregistered or undocumented firearms : The deceased may not have kept thorough records. If serial numbers are missing, or the family doesn’t know what’s in the safe, you need expert assistance. Inherited firearms crossing state lines : Federal law makes an exception for firearms passed on through inheritance . If the firearm is transferred to a beneficiary by will or intestate succession, it does not  need to go through an FFL, even if the heir lives in another state. However, the recipient must be legally permitted to own firearms in their home state, and it’s wise to document the transfer clearly. For anything outside inheritance, like gifts or sales across state lines, federal law does  require the involvement of an FFL. Shipping: The problem we have seen arrives when finding a common carrier (USPS, FedEx, UPS) to handle the items in question. There are many restrictions on Unlicensed persons shipping firearms (see our FAQ for details) Unknown legal status : Occasionally, a trust may hold restricted items like an NFA regulated firearm . These require additional tax documentation, registration, and ATF approval, none of which a layperson may have handled properly. Desire to liquidate the firearms : If the trust allows for asset liquidation, selling firearms must still be done through a federally licensed dealer (FFL) . Private sales from a trust without FFL involvement can be illegal in many cases. The Valuation Challenge Appraising firearms correctly is another area where trust officers often seek guidance. Values vary wildly based on make, model, condition, and market trends . Some older firearms may hold sentimental value but little market worth. Others, like early Colt revolvers or pre ban rifles, may command thousands. We recommend getting a professional firearms appraisal , both for accurate asset distribution and to ensure proper insurance documentation if the firearms remain in the trust. Rifles on a Table Safe Removal and Storage Another major concern is what happens when a firearm is found at a decedent’s property. Who is allowed to touch it? Where should it be stored? We’ve responded to many calls where banks or trust departments were unsure how to even begin the removal process, especially when the property is unsecured or multiple heirs are involved. As an FFL, MDRF Enterprises provides secure, legal removal and storage  of firearms from private residences, safes, and storage units. We document everything, ensure chain of custody, and keep the trust fully informed during the process. Working with a Licensed FFL Partner When firearms show up in a trust, the safest move is to involve a licensed firearms dealer (FFL) , ideally one with estate experience. We don’t just buy and sell guns; we handle the compliance, paperwork, valuations, and transfer logistics that keep everything above board. Our role is to support professionals like you, quietly and efficiently. Whether the trust intends to distribute firearms to beneficiaries or liquidate them entirely, we ensure the process is legal, traceable, and fully documented . Final Thoughts Firearms in a trust don’t have to be a headache. With the right protocols, and the right partner, you can protect your institution, serve your clients, and fulfill your fiduciary responsibilities with confidence. If you’re working on a case involving firearms, or want to prepare your team for the next time one comes across your desk, we’re here to help. Contact Us for a Discreet Consultation MDRF Enterprises is a licensed FFL serving Saint Louis and surrounding counties. We’ve worked with trust departments, probate professionals, and families for over a decade. If you have questions about firearms in a trust , or need help with secure removal, appraisal, or legal transfer, reach out today . We’ll handle it legally, respectfully, and discreetly. By: Drew Gun Buyer | St. Louis, MO | MDRF Enterprises https://www.mdrfenterprises.com

When someone passes away or liquidates an estate, the presence of a few old rifles or a box of handguns in the back of a closet isn’t uncommon. But here's the thing, firearms can’t be handled like furniture or jewelry. Unlike other personal property, selling or transferring a gun, even privately, comes with a unique legal framework that deserves careful attention. “When firearms are part of the estate, it’s not just personal property—it’s a legal responsibility. Whether you’re an estate attorney, funeral director, bank trust officer, or estate buyer , understanding the rules around private sales is crucial. It’s not just about compliance, it’s about protecting your clients, your organization, and your own reputation from unintended consequences. Let’s break it down. What the Law Says About Private Sellers and Inherited Firearms Federal law allows unlicensed individuals , meaning everyday citizens, not dealers, to transfer firearms to other residents within their own state , so long as they have no reason to believe  the recipient is legally prohibited from possessing a firearm. However, transferring a firearm across state lines without going through a licensed dealer (FFL) is generally prohibited , even if it's a gift or part of a sale. The exception? Inheritance. If a firearm is passed to a beneficiary by will or through intestate succession , it does not need to go through an FFL , even if the recipient lives in a different state. That means executors can legally transfer standard firearms to out of state heirs , as long as the heir is legally eligible to possess firearms  in their home state. But there's an important distinction: This exception does not apply to NFA-regulated firearms , such as machine guns, suppressors, short-barreled rifles (SBRs), and destructive devices. According to ATF guidance, these firearms are subject to strict transfer and registration procedures , even when inherited. The executor must: Apply for a tax-exempt transfer  using ATF Form 5 Ensure the heir submits fingerprints and background information Confirm the heir is not prohibited  from possessing the item under federal, state, or local law Complete the transfer before probate closes Unregistered NFA firearms in an estate are considered contraband  and must be surrendered to the ATF , they cannot  be registered retroactively, even by a lawful heir. Why Licensed Facilitation Matters The ATF’s 2024 guide for FFLs  outlines exactly how we can assist in these situations: We handle the paperwork .  Buyers complete the ATF Form 4473, we run a background check, and we record the acquisition and disposition in our A&D log. We verify eligibility.  If NICS returns a “denied” result, the transfer stops. If delayed, we wait the federally mandated period before proceeding. We reduce risk.  Firearms transferred through our FFL are traceable, documented, and legally compliant. That’s peace of mind for you and your clients. This process isn’t mandatory under federal law, but it is strongly encouraged , especially in professional settings. It helps protect against firearms ending up in the wrong hands, and it supports law enforcement in case the weapon is ever used in a crime. Why This Matters for Our Professional Partners Estate Attorneys: When representing a family, you don’t want questions about gun transfers disrupting probate. An illegal transfer , even one made with good intentions, can derail everything. Sending firearms through a licensed dealer ensures the estate complies with both state and federal law  and avoids any liability. Funeral Directors: Many times, you’re the first to spot firearms in the home, especially when grieving families are overwhelmed. Referring those families to a licensed FFL like MDRF Enterprises helps them avoid mishandled handoffs or unlawful transfers at a vulnerable time. Bank Trust Officers: Handling a trust that includes firearms means added responsibility. A trust department that disposes of firearms improperly could face scrutiny or even legal action. We provide detailed appraisals, secure removals, and full compliance with ATF regulations, so you don’t have to take on that burden. Estate Buyers & Liquidators: You might be buying out household contents, but when it comes to guns, it’s not enough to treat them like antiques or tools. Selling them “as-is” without going through an FFL opens the door to legal risk . We can appraise, remove, and legally purchase entire collections with full documentation, right on site. Practical Tips for Professionals Never allow an out-of-state transfer without going through an FFL , unless it qualifies as a lawful inheritance. Identify NFA items early .  If there’s a suppressor, short-barreled rifle, or machine gun in the estate, it must follow the NFA transfer process. Encourage documentation.  Even if a private seller isn’t required to keep records, it’s good practice to list serial numbers, conditions, and transfer details. Use us as a resource.  MDRF Enterprises is here to handle secure removals, background checks, ATF paperwork, and legal transfers so you and your clients are never exposed to unnecessary risk. Final Word Private firearm sales might be legal, but they’re not always simple, and they’re rarely risk-free. For professionals working with estates, trusts, and families, the safest route is a licensed one. Quick reference for estate professionals: Know when you can transfer a firearm and when to call in an FFL At MDRF Enterprises , we’ve been helping Saint Louis families, attorneys, and institutions navigate this exact terrain for over 12 years. We’re licensed, discreet, and deeply familiar with both the letter and spirit of the law. If you’re unsure about what to do with a firearm, give us a call . We’ll handle it the right way, every time. By: Drew Gun Buyer | St. Louis, MO | MDRF Enterprises https://www.mdrfenterprises.com

When Firearms Appear in an Estate When a loved one passes away, their personal property becomes part of the estate. Jewelry, vehicles, and household items are usually straightforward. Firearms are not. Firearms are regulated by both federal and state law. That means transferring, storing, or selling them, even with good intentions, can lead to serious legal problems if not handled properly. Whether you are an heir, executor, attorney, or estate buyer, inherited guns require a different level of care and compliance. What Heirs and Families Need to Know If you are inheriting firearms, the rules vary depending on where you live and whether the transfer crosses state lines. Here is what federal law allows: Guns can pass directly to a lawful heir by will or inheritance, even across state lines. An FFL is not required for the transfer itself, as long as the heir is legally allowed to possess firearms. The firearm cannot be shipped directly to the heir. It must be transferred through an FFL in their state, or picked up in person. 🔗 For guidance on shipping estate guns legally, read our shipping guide . Close up of Vintage Gun on Wooden Table What Professionals Must Handle Differently If you are not the heir, such as an estate buyer, liquidator, fiduciary, or real estate agent, the rules are different. You must: Use a licensed dealer (FFL) to facilitate any firearm transfer. Avoid moving, selling, or storing firearms without legal authority. Follow ATF regulations for any NFA-regulated items, such as suppressors or short-barreled rifles. Ensure firearms are not transferred to prohibited persons. Failure to comply can result in fines, loss of licensure, or criminal charges. 🔗 For more on FFL versus auction options, read this comparison . Fair Market Value vs. Marketable Cash Value At MDRF Enterprises, we use two types of valuation to help families and professionals understand what inherited firearms are worth: Fair Market Value (FMV):  The estimated price a firearm would sell for in a typical market, based on GunBroker listings with bids and Sold at Auction data. Marketable Cash Value (MCV):  What you would likely walk away with if selling the firearm quickly, usually 25 to 30 percent below FMV. This distinction is important for probate filings, IRS documentation, and when deciding whether to sell or keep the guns. 🔗 Want to understand this better? Read: What’s My Gun Really Worth ? Legal Disposal Options: What If You Don’t Want to Keep Them? Not everyone wants to keep inherited firearms. If you are uncomfortable with guns or simply need to clear the estate, here are your legal options: Sell to a Licensed Dealer (FFL): Get a cash offer or consignment sale. The dealer will handle all background checks and ATF paperwork. Transfer to Another Family Member: Must be done through a licensed dealer if not part of direct inheritance. Surrender to Law Enforcement : Call ahead. Do not walk into a station with a gun unannounced. Donate to a Museum or Historical Collection: A good option for rare, vintage, or collectible firearms. Do Not Attempt to Destroy Them Yourself: The ATF has specific rules for destruction. Improper disposal can be illegal. Keep a Record of Everything: Always get written documentation for any sale, transfer, surrender, or donation. Keep copies for your own protection. Common Mistakes to Avoid Even well-meaning families and professionals make errors that cause long-term problems: Listing estate guns for sale online without using a dealer. Moving guns across state lines without ATF clearance. Transferring to someone who is legally prohibited from owning a firearm. Using auction houses that do not understand firearm regulations. Leaving guns unsecured in an unoccupied property. Failing to check if any guns are NFA-regulated, such as suppressors. 🔗 If you are not sure what counts as an NFA firearm, read our Firearms FAQ. Real Risks of Mishandling Guns One topic often overlooked is the potential criminal liability. Inheriting a gun may feel like a family matter, but from a legal standpoint, it’s a transfer of ownership. In some cases, that transfer could be illegal if: The recipient is prohibited from owning firearms (e.g., due to criminal history or mental health status) The firearm is classified as a National Firearms Act (NFA) item, such as a short barreled rifle or suppressor Unlawful possession or transfer Violations of ATF or State regulations There is no record or documentation of lawful transfer As American College of Trust and Estate Counsel ( ACTEC) legal experts emphasized, even a well meaning mistake, like holding on to a restricted firearm, can expose families to legal risk. That’s why it’s crucial to not delay. If you’re unsure what’s in the home, a simple inventory and professional review can make all the difference. When to Call a Professional FFL At MDRF Enterprises, we help with: On-site inspection and safe removal Written appraisals for probate or insurance Legal transfers to heirs or buyers Consignment or direct purchase offers Secure storage while the estate is settled We serve Saint Louis and surrounding areas with licensed, discreet, and fully compliant estate services. Final Thoughts Firearms in an estate can feel like a burden. But with the right guidance, they do not have to be a problem. Whether you are trying to keep, sell, or surrender inherited firearms, MDRF Enterprises can help you do it legally, safely, and with confidence. “If you’re unsure where to begin, our Firearm FAQ answers the most common questions about legal transfers, appraisals, and storage." 📞 Schedule a consultation today 📍 6414A Hampt on Ave, Suite #11, Saint Louis, MO 63109 📞 (314) 397-0942 📩 drew@mdrfenterprises.com

Introduction: In Missouri, it's not uncommon for individuals to leave behind firearms as part of their estate. Funeral directors often find themselves in situations where guidance is essential in addressing these matters properly. Understanding the implications of handling firearms during the estate process is crucial for both the funeral directors and the families they serve. Understanding Missouri's Legal Framework Firearms are regarded as personal property. When a person passes away, these items become part of their estate. The responsibility for these items typically falls to the executor or administrator . They must ensure that firearms are handled in accordance with state and federal laws. In such cases, it is vital for the executor to understand the legal framework surrounding firearms. They must be aware of the specific laws that govern the transfer or disposal of firearms in Missouri. This knowledge protects them and ensures compliance with regulations. Common Challenges Encountered Several common scenarios may arise when a firearm is included in an estate: Unsecured Firearms: Funeral directors often encounter unsecured firearms discovered in the decedent's home. Family Uncertainty: Family members may be unsure about the legal procedures for firearm inheritance or disposal. Out-of-State Heirs: Heirs residing out of state may face challenges in legally transferring ownership of firearms . These situations can create confusion and potential legal issues. Understanding these challenges is paramount for funeral directors in addressing the needs of families during this sensitive time. Funeral Director Best Practices for Funeral Directors Funeral directors play a crucial role in managing estates that involve firearms. Here are some best practices to keep in mind: Avoid Direct Handling: Unless legally authorized, refrain from taking possession of firearms. This avoids any potential legal complications. Inform the Executor: Advise the estate's executor or administrator about the presence of firearms. It is essential to emphasize the importance of legal compliance in handling these items. Recommend Professional Assistance: Suggest contacting a licensed firearms dealer (FFL) experienced in estate matters . They can effectively manage the transfer or disposal process. Resources Available Licensed firearms dealers in Missouri can provide numerous valuable services, including: Secure Removal and Storage: Ensuring firearms are securely removed and stored to prevent unauthorized access. Legal Guidance: Providing guidance on legal transfer procedures to ensure compliance with federal and state laws. Appraisals for Estate Valuation: Assisting with appraisals for estate valuation purposes, which can help establish the fair market value of the firearms. Navigating Legal Compliance Navigating the legal landscape of firearm ownership in estates can be daunting. Family members often have many questions regarding their responsibilities and options . MDRF Enterprises can shed light on various services available to help families and funeral directors manage these issues effectively. Our expertise can simplify the process for families, ensuring everyone’s safety and compliance with legal obligations. Conclusion Addressing firearms in estates requires careful consideration to ensure legal compliance and the safety of all parties involved. Funeral directors play a pivotal role in guiding families during these times. By following best practices and recommending professional assistance when necessary, funeral directors can significantly ease the burden on families. Collaboration with professionals specializing in firearm estate matters ensures a smooth process for everyone involved. By: Drew

Liquids, Lead & Legacy, What Bank Trust Officers Should Watch For In our line of work, we often talk about firearms, handguns, rifles, shotguns. But what rarely gets the spotlight, yet regularly turns up in estate inventories, is the ammunition . And while the guns get the legal scrutiny, the ammo tends to be ignored, until it becomes a liability. Block of .22 LR ammo At MDRF Enterprises, we’ve worked with more than a few trust departments and fiduciaries across Saint Louis who suddenly find themselves responsible for cases involving cases  of ammo. Sometimes it’s a few loose rounds in a drawer. Other times, it’s pallets in a basement. Either way, ammunition is a hazmat item, one that carries risk, regulation, and responsibility. If you’re a Bank Trust Officer , this one’s for you. Ammunition Is Not a Firearm, But It’s Not Harmless Either Let’s start with the basics: under federal law, ammunition is not classified as a firearm . That means it doesn’t require the same transfer process through a Federal Firearms Licensee (FFL). But that doesn’t mean it’s unregulated. Key Points: Ammunition cannot be shipped indiscriminately.  Carriers like USPS prohibit shipment entirely. UPS and FedEx have strict rules, and bulk ammo is often considered hazardous material . Lead contamination and fire risk are real concerns.  Stored improperly, ammunition poses both environmental and safety issues, particularly in older homes or multi unit properties. Possession still matters.  If a prohibited person (e.g., convicted felon) is found in possession of ammunition, that’s a felony under federal law. This makes unsecured or forgotten ammo in a trust-controlled property a potential legal headache. So while you won’t find "ammo transfer paperwork" at the same level as a firearm, you will  find risk if it's not handled properly. What We Commonly See in Estates Here are a few examples from MDRF case files, anonymized but very real: A south county trust included two crates of WWII era military surplus ammo, long since unstable. The rounds had corroded and were stored near a water heater. An estate in Webster Groves contained reloaded ammunition of unknown origin, packed in old cigar boxes, sitting next to children’s books in the attic. A Clayton trust involved collectible ammunition, early .44 rimfire, and the value wasn’t even listed in the inventory because no one recognized it for what it was. In all these cases, the ammo wasn’t the primary issue. But it could’ve become one, legally, financially, or reputationally. What Should a Bank Trust Officer Do? Let’s talk strategy. If you're managing an estate or trust with firearms, you should also be prepared for ammunition. Here’s how we advise approaching it: 1. Include Ammo in Your Initial Inventory When conducting or reviewing an estate inventory , be sure to ask specifically about ammunition. Don’t assume it’s irrelevant. Is it stored on the property? Is it modern, collectible, surplus, or reloaded? Is it packaged or loose? Just like art or jewelry, ammo can be valuable, or volatile. 2. Avoid Casual Disposal Throwing it in the trash? Illegal and dangerous. Flushing it down the toilet? Worse. Burning it? Absolutely not. Ammo must be disposed of legally and safely , usually by working with a licensed FFL, law enforcement, or a hazmat disposal partner. ⚠️ Note: Many police departments will not accept large quantities of ammunition from private citizens or non-law enforcement parties. You could be turned away—or worse, trigger scrutiny. 3. Use a Licensed Partner for Removal and Appraisal At MDRF Enterprises, we offer full service removal, not just of firearms, but also any associated ammunition and accessories. That includes proper transportation, sorting, documentation, and if applicable, appraisal of collectible or rare rounds . Special Note on Reloaded or Homemade Ammunition Homemade reloads are common among older generations who enjoyed handloading as a hobby. These rounds often come without packaging or labeling and may be: Overcharged (excess powder) Stored improperly (moisture exposure) Unsafe to fire or sell Reloads can also be illegally constructed , especially if made with modified primers or black powder. This makes them unfit for distribution  and potentially dangerous. Unless verified by a qualified expert, do not attempt to sell or transfer reloads , even through an FFL. What About Ammunition Value? Not all ammo is junk. Some is valuable, particularly older or military surplus, discontinued calibers, or collectible boxes with historical markings. Examples: Sealed bricks of .22LR from the 1950s Military crates of 7.62x39mm from Eastern Europe Obsolete cartridges like 5mm Remington Rimfire or .41 Swiss 7.62mm Ammo in Box In a few cases, the ammo was worth more than the firearm . So before discarding or surrendering it, let a professional appraiser take a look. Our Role: Supporting Fiduciaries with Confidence Bank Trust Officers walk a legal tightrope, between fiduciary duty, compliance, client expectations, and risk mitigation. Ammunition might seem minor, but it adds complexity. At MDRF Enterprises, we’ve been working with financial institutions and fiduciaries for more than 12 years. Our Saint Louis-based team provides: Licensed removal  of firearms and ammunition Itemized appraisals with fair market estimates Secure transport and storage Discreet, liability-free liquidation options Whether you're managing a high value estate or a modest trust, we ensure everything , from firearms to forgotten ammo, gets handled safely, legally, and respectfully. Final Thoughts As a Bank Trust Officer, your responsibilities go beyond accounting. You're a steward of assets, a shield against liability, and often, the final word on what gets transferred or destroyed. Don’t let ammunition slip through the cracks. It might not be a firearm, but it still demands professional attention. If you're managing a trust or estate in the greater Saint Louis area, and firearms or ammunition are involved , let’s talk. MDRF Enterprises is here to help, confidentially, compliantly, and without compromise. By: Drew Gun Buyer | St. Louis, MO | MDRF Enterprises https://www.mdrfenterprises.com

When you're named executor of an estate, your to-do list can get overwhelming, fast. From probate paperwork to family disagreements, it’s a high responsibility role. And if there are firearms in the mix? That brings a whole other layer of complexity, both emotionally and legally. Every week, I hear from families, estate attorneys, and professionals asking questions like : “Can I legally sell my late father’s guns?” “Do I need a background check if I inherited them?” “What do I do if I find guns in a house after someone passes away?” The good news is: you’re not alone, and there are clear answers. The not so good news: you need to follow the law, federal and Missouri-specific, or you could unknowingly commit a felony. Let’s walk through the most common scenarios and what you should know to stay compliant, safe, and stress-free. Executor's Desk Can an Executor Legally Sell Firearms in Missouri? Yes, but not without taking some key precautions. If you’re the executor (or personal representative) of an estate, you’re legally allowed to take temporary possession of the deceased’s property, including firearms. However, when it comes to selling or transferring those firearms, you are still bound by federal and state laws. Here’s the short version: You can possess  and inventory  the guns. You can sell or transfer them , if  the transaction is done legally. You cannot  give or mail them directly to an heir in another state. You should not  sell them casually through Facebook, Craigslist, or garage sales. The safest and most compliant method is to work with a federally licensed firearms dealer (FFL) . like us. We handle background checks, federal paperwork, and Missouri-specific compliance, ensuring the executor is protected from liability. What Do I Do If My Parent Passed Away and Left Guns in the House? This is probably the most common call I get, it usually starts with something like: “My dad passed away. We’re cleaning out the house in Kirkwood and found a few rifles and a handgun in the closet. What are we supposed to do with them?” Here’s what I always tell folks: Pause. Don’t panic. And definitely d on’t throw them in the backseat and start driving around. Your steps: Secure the firearms  – Lock them up in a safe, case, or designated location. Identify who owns them now  – If the estate is still in probate, they’re part of the estate. Check your legal authority  – If you’re not the executor or authorized by the court, don’t move or transfer them yet. Contact a licensed dealer  – We can advise you on the next legal steps, provide appraisals, and facilitate safe transfers or purchases. Firearms have legal and sentimental weight. The worst thing you can do is hand them off to someone without checking state law or completing a proper transfer. Even if it’s your brother. Even if it’s “just a .22.” Do You Need a Background Check to Transfer or Sell Inherited Firearms? It depends on the situation, but in many cases, yes. Let’s break it down: If the gun is being passed to a legal heir within Missouri : No background check is required if  the transfer is done directly between private parties. However, the heir must be legally allowed to possess a firearm  (no felonies, etc.). You’re still responsible for ensuring the transfer is compliant. If the heir lives in another state : Federal law requires  the gun be shipped to a licensed dealer (FFL) in the recipient’s state. This applies even if it’s a bequest in a will . Exception:  If a gun is passed by operation of law  (will or intestate succession), and you meet the other requirements, you may not need an FFL in-state , but you must still comply with state law. That’s a gray area where legal advice or FFL guidance is essential. To avoid mistakes, we recommend using a dealer to facilitate the transfer, even within Missouri. It's cleaner, documented, and prevents future issues if the gun is later sold. Legal Transfer of a Firearm Real Stories from the Field A few months ago, I worked with a son who was the executor of his father’s estate in Chesterfield. He lived out of state, had zero interest in dealing with the firearms, and didn’t want to risk doing anything illegal. He called us. We drove out, verified the firearms, and handled the entire process, inventory, secure transport, ATF compliant transfer, and appraisals for probate. Done legally, safely, and with respect for the family. In another case, a funeral director in Saint Louis called us on behalf of a family who discovered several handguns just hours after the memorial service. Emotions were high. No one knew the legal owner. We handled pickup the same day, allowing the family to grieve without added stress. Advice for Executors, Attorneys, and Professionals If you’re an estate professional, fiduciary, or attorney managing a case that includes firearms, here’s what we recommend: Document every firearm  (make, model, serial number). Don’t rely on Google advice or YouTube videos. Never skip a proper transfer.  Even if the heir is family. Call in a licensed firearms dealer  to protect your client—and yourself. The goal is to move through probate smoothly, not end up on the wrong side of the ATF. We’re Here to Help At MDRF Enterprises , we specialize in firearm solutions for estates. That includes: Licensed transfers and acquisitions Secure removal of unwanted guns Legal guidance for executors and heirs Firearm appraisals for probate or division We serve the entire Saint Louis region, from Kirkwood to Webster Groves to South City, and we’re trusted by estate attorneys , funeral directors , and families who want compliance and  compassion. Don’t guess when it comes to guns in probate . Let us take care of it, discreetly and legally. By: Drew Gun Buyer | St. Louis, MO | MDRF Enterprises https://www.mdrfenterprises.com

Whether you're a family member managing an estate, a professional fiduciary, or simply downsizing your personal firearm collection, there are times when you need more than just a local gun store. You need a reliable, discreet, and fully licensed appraisal and liquidation partner who understands the legal landscape of Missouri and beyond. Desktop for Appraisal Work At MDRF Enterprises , we get calls every week that start with: “I found a few guns while clearing out the house, what do I do now?” “Can you come to me and give a quote?” “I want to sell some inherited firearms, but I don’t want to break any laws.” "If that’s your situation, read our guide on what to do if you find firearms in an estate ." This guide walks through your options for firearm appraisals, downsizing, estate liquidation, and home evaluations , all tailored to the Saint Louis region  and written for individuals and professionals alike. Where Can I Get a Firearm Appraised in Saint Louis? Whether you're managing a probate case, preparing for a sale, or just want to understand the value of a collection, a professional firearm appraisal provides clarity and legal protection. “Fair Market Value tells you what a gun is worth on paper. Marketable Cash Value tells you what you’ll actually walk away with after fees and friction.” At MDRF Enterprises, we approach appraisals through the lens of Fair Market Value , not internet guessing games or inflated collector hype. Our goal is to provide realistic, defensible values  based on actual market conditions and verified sales trends. 🔹 What Is Fair Market Value? Fair Market Value (FMV) is defined as the price that a willing buyer would pay to a willing seller, both having reasonable knowledge of the relevant facts and neither being under any compulsion to buy or sell. That’s important, because insurance claims, probate filings, and equitable estate divisions  require accurate, unbiased documentation. We don't inflate values for ego or deflate them for negotiation leverage. We deliver fair, verifiable numbers based on condition, originality, manufacturer, and real-world comps. Evaluating a Collectible Firearm Our Appraisal Services Include: Itemized firearm evaluations  with make, model, serial, and condition notes Market-based pricing analysis  using recent auction results, dealer data, and comparable sales Written reports  to ensure transparency and ease of interpretation Options for on-site or in-home evaluations  across the Greater Saint Louis area Search queries we answer directly: “Where can I get a firearm appraisal in Saint Louis?” “What’s the process for getting firearms appraised near me?” “How do I get a quote for selling a firearm collection?” we’re your licensed, local answer. Marketable Cash Value (What You Actually Walk Away With) In many estate or liquidation scenarios, Fair Market Value doesn’t tell the whole story —especially when you need to divide assets equitably or estimate real-world sale proceeds. That’s where Marketable Cash Value  comes in. "For a full breakdown, see What’s My Gun Really Worth? " This value represents the net amount a seller is likely to receive after all selling-related expenses  are accounted for, including: Dealer fees or sales commissions Transportation or compliance costs Delays in finding a buyer for niche or unusual firearms Auction Fees and/or Seller Premiums In most cases, the final cash value will be 25% to 30% lower than the Fair Market Value price , depending on the item’s condition, legality, and desirability in the current market. We often use this valuation method for: Equitable distribution  between heirs or divorcing spouses Estate liquidations  where a quick, legal sale is needed Clients who want to know, “What will I actually  get for this?” At MDRF, we’re transparent about both the market potential and  the realistic payout—so families, fiduciaries, and professionals can make informed decisions. Can I Schedule an In-Home Firearm Evaluation? Absolutely. We specialize in on site evaluations  for estates, senior homeowners, and professionals managing property transitions. Our in-home service includes: Secure visual inspection of firearms Serial number documentation Optional purchase offers or consignment recommendations Travel throughout St. Louis County, St. Charles, Jefferson County, and Metro East You don’t need to transport the guns. We’ll come to you, safely and legally. Search queries we answer directly: “Where can I schedule an in home evaluation for firearms in Saint Louis?” “Are there professional firearm appraisers available for home visits?” “Can you help with firearms as part of an estate cleanout?” "Check out our Estate Firearm Checklist  for exact steps." Downsizing a Firearm Collection? Here’s What to Know Sometimes the firearms aren’t part of an estate, they’re just part of life. Retirement, relocation, and simplification are common reasons people call us to downsize responsibly . If you're asking: “How do I sell a few guns without dealing with online buyers?” “Who can help me downsize my collection legally and discreetly?” “What are my options for liquidating a private firearm collection in Saint Louis?” We offer: Licensed transfer and purchase Transparent appraisal and buyout pricing Optional consignment programs for unique or valuable pieces We handle collections large and small  and prioritize discretion, safety, and respect. Hunting Rifle Collection Selling Inherited Firearms in the Saint Louis Area If you're the executor of an estate , a trust officer , or a family member managing an inheritance , selling inherited firearms involves more than just listing them online. "You should also know whether you need a license—read this guide  if you’re unsure." We assist with: Valuations for probate attorneys and heirs Documentation for transfers across state lines ATF compliant sales and background checks Search queries we answer directly: “What are the best-rated companies for selling inherited firearms in Saint Louis?” “Can I get a quote for estate firearm sales near me?” “How do I follow Missouri law when selling guns from an estate?” Where to Find Licensed Firearm Buyers in the Greater Saint Louis Area Not all firearm buyers are equal. As a fully licensed FFL (Federal Firearms Licensee) , we can legally: Receive and transfer firearms across state lines Conduct background checks Provide written appraisals for documentation We serve: Families & Executors Funeral Directors Fiduciaries & Trust Officers Estate Liquidators Search queries we answer directly: “Are there any licensed firearm dealers near downtown Saint Louis?” “Where can I find firearm sales in Saint Louis, MO?” Whether you're managing a probate case, preparing for a sale, or just want to understand the value of a collection, a professional firearm appraisal provides clarity and legal protection. Learn more about our certified firearm appraisal services   and how we determine both Fair Market Value and Marketable Cash Value on our Appraisals page. “Can you recommend a place for buying and selling firearms in the Greater Saint Louis area?” Why Professionals Trust MDRF Enterprises You're not just looking for a buyer, you’re looking for: A licensed and experienced partner Someone who can walk you through the legal process A team that protects your client’s or family's interests We’ve built our reputation on: Discretion and compliance In home evaluations and white glove service Local knowledge of Missouri and ATF regulations Related Resources: FAQ: Firearms & Unlicensed Persons Firearms & Probate: Download Our Guide for Estate Professionals Contact Us for In-Home Evaluations or Appraisals 📞 Ready for Help with a Firearm Appraisal or Sale? If you're downsizing, liquidating an estate, or simply don’t want to deal with the legal headache, call MDRF Enterprises. We’re here to help families, professionals, and private owners get the job done legally, discreetly, and efficiently. By: Drew Gun Buyer | St. Louis, MO | MDRF Enterprises https://www.mdrfenterprises.com

When a loved one passes, there’s already enough to sort through, emotionally, logistically, legally. But what if you find a gun? It happens more often than people admit: tucked in a closet, stored in a nightstand, or hidden in a garage. Last Will and Testament Is It Legal to Keep the Gun? The short answer? Not right away. Finding a firearm doesn’t make you the legal owner. Under federal law, a firearm must be legally transferred, even within a family. Missouri doesn’t require firearm registration, but that doesn’t mean you can just keep what you find. Even if you’re the named heir, the transfer still needs to comply with ATF and Missouri law. If the gun crosses state lines, the process becomes even more complicated. "We break this down further in our Firearm FAQ for unlicensed individuals ." Common Missteps People Make Giving the firearm to another family member “just to hold onto it” Selling it privately without an FFL Tossing it in a drawer without securing it Assuming it’s OK because it’s “just an old hunting rifle” These might feel harmless, but they can create legal risk for you and your family. "If you’re also the executor, read our guide to legally handling firearms in a Missouri estate. " What You Should Do Instead Secure it safely  in a locked cabinet or safe. Do not attempt to sell or gift it  without understanding the law. Document  where and how it was found. Contact a licensed dealer, especially if you need it removed. Get an official valuation  if the firearm might have historical or collectible value. "Read more on what your firearm may really be worth ." At MDRF Enterprises, we handle this exact situation regularly. We’ll help you determine ownership status, provide secure pickup if needed, and walk you through the legal process from start to finish. "Visit our Estate Firearms Guide  for everything you need to know, whether you're an heir, executor, or fiduciary." Don’t Risk It, We Make It Simple You don’t need to be a legal expert. You just need to work with someone who is licensed, discreet, and experienced. MDRF Enterprises provides professional in-home pickup, written valuations for probate, and full ATF-compliant transfers. "You can also read our step-by-step guide to handling firearm discoveries  during cleanouts." Handgun in a Drawer If you found a firearm in an estate, we’ll help you handle it safely and legally. 📞 Contact MDRF Enterprises today, we’ll help you navigate the process legally, discreetly, and efficiently. An appraisal will give you a clear picture of the firearm’s value and marketability. Learn more on our Appraisals page . Contact Us Today to Schedule a Consultation 📞  Call us  📍 Or visit us at: 6414A Hampton Ave, Suite #11 , Saint Louis, MO 63119 📩  Email