Author: Michael Rich

The Benefits of Establishing a Gun Trust

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Introduction As firearm ownership continues to be a significant aspect of American life, many gun owners are exploring more efficient, secure, and legally compliant ways to manage their collections—particularly when it comes to NFA (National Firearms Act) items like suppressors, short-barreled rifles (SBRs), or machine guns. One increasingly popular legal instrument is the gun trust. […]

Don’t Put Your Kids on Your House Title

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When it comes to estate planning, one of the most common questions I get asked is, “should I just put my kids on my house title now?” Although putting your children on the title of your house during your lifetime might seem like a good idea, there are numerous reasons why it is often better […]

Do I Really Need a Lawyer to Draft My Estate Plan?

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When it comes to creating an estate plan, the process involves a great deal of careful thought and attention to detail. The decisions made in this process can profoundly affect one’s assets, beneficiaries, and the way the estate is managed after death. For many people, choosing the best way to prepare their estate plan is […]

Trusts versus Beneficiary Designations: Why Trusts Offer More Control and Security

Estate Planning FAQs

When it comes to estate planning, two tools frequently come up in discussions about how tomanage and distribute assets upon death: trusts and beneficiary designations. Both are used toensure that assets are transferred smoothly, but they serve different purposes and offer distinctadvantages. While beneficiary designations have their place, trusts are often the better option forcomprehensive […]