The Closing Firm, LLC

09/02/2026

The Rich Dad Poor Dad author is $1.2 billion in debt, but he's not heading towards bankruptcy.

He used other people's money to purchase over 1500 properties. The properties are in separate LLCs structured so that he has no personal liability.

This is a wealth strategy. Use other people's money to buy assets, invest the funds that the asset makes, rinse, wash, and repeat. If one property fails he holds no liability.

As long as the cash flow is managed, the debt is in control.

Meanwhile, he makes $250,000 A MONTH selling his book.

Who said all debt is a bad thing?

What do you think about this?

08/31/2026

08/28/2026

REVOCABLE vs. IRREVOCABLE — the biggest difference is CONTROL.

There is no “best” trust for everyone. Your financial situation matters.

If Medicaid planning, long-term care costs, or certain creditor concerns are part of your risk picture, an irrevocable trust may provide stronger protection — but you have to understand what you’re giving up. You do not get to put assets in an irrevocable trust and continue controlling them as if nothing changed.

If you’re retiring with a pension, reliable health coverage, and your priority is maintaining control over your assets while avoiding probate, a revocable trust may make more sense.

The question isn’t: “Which trust is better?”

The question is: What are you trying to protect yourself from?

Comment TRUST if you want to know which structure may make sense for you.

08/25/2026

Being a business owner carries stressful moments, but not being able to relax with family for a week, shouldn't be one of them.

People think of the death side of estate planning, but we forget about succession planning.

The type of estate planning that helps you LIVE!

And in case you're wondering, Martha's Vineyard was amazing! (And my business was still standing when I got back!)

Share this with someone who needs a vacation and comment TRUST to get started.

08/20/2026

A handwritten will can be perfectly legal — and still leave your family with a complete mess.

A will doesn’t keep your family out of probate. And when the instructions aren’t clear, the people you love are left trying to figure out what you meant while they’re grieving.

If you've inherited property, comment a TRUST so that we can help you with the next steps.

08/19/2026

The difference between a Revocable Trust and an Irrevocable Trust comes down to one word: CONTROL.

A revocable trust lets you keep control and make changes.
An irrevocable trust requires you to give up some control—but can offer stronger asset protection and estate planning benefits.

The question isn’t which one is “better.” It’s which one fits your goals.

Comment TRUST for our FREE estate planning guide.