Our services
Trusts
Richard A. Burton, Jr., Esq
Estate Planning With Trusts
Trusts are powerful tools in estate planning, offering flexibility and control over how your assets are managed and distributed. A trust can help you avoid probate, protect your assets, and provide for your loved ones according to your specific instructions.
There are two main types of trusts: revocable and irrevocable. A revocable trust allows you to maintain control of your assets during your lifetime, with the flexibility to make changes as your circumstances evolve. In contrast, an irrevocable trust provides greater asset protection but requires you to relinquish control, as it can be difficult to alter once established.
When working with clients, I strive to understand their unique goals and financial situation to determine which type of trust best suits their needs. I enjoy guiding clients through the process, ensuring they feel confident and informed every step of the way. Whether you’re looking to protect your assets, provide for your family, or plan for the future, I’m here to help you create a trust that aligns with your long-term goals. Together, we can create a plan that provides peace of mind for you and security for your loved ones.
Our services
Other services we offer
Estate Planning involves the drafting of documents, such as wills and trusts, to ensure that your legacy will be passed on accordingly.
Elder Law is a combination of legal fields for issues affected by aging. It includes asset projection for Medicaid Planning and long-term care.
Medicaid planning involves using strategies for using and preserving assets while enabling loved ones to qualify for Medicaid.
Probate is the administration of an estate in probate. Closely related is the administration of trusts, which become irrevocable at death.
Upon the death of the grantor, Trustees must notify beneficiaries and administer the trust according to the Trust Agreement.
Guardianship involves using the legal process to take control of a person’s affairs who is unable to manage them on their own.
Richard A. Burton, Jr., Esq.
Mr. Burton has years of experience helping families all over Maryland protect themselves and plan for the future. He was raised in Gaithersburg, Maryland and graduated from Quince Orchard High School.
As a member of the National Academy of Elder Law Attorneys and the Society of Financial Service Professionals, he has developed a reputation as a strong advocate and counselor. He works closely with other professionals in finance and accounting to deliver the best results for his clients.
Mr. Burton was admitted to practice law in Maryland in 2016. Since then, he has focused exclusively on Estate Planning and Elder Law which comprise diverse and ever-changing bodies of law.
He is an accomplished jazz pianist and in college was the pianist for Synthesis, the premier jazz ensemble at Brigham Young University.
Mr. Burton lives in Gaithersburg with his wife and two children.