I would advise going the trust route for many reasons.
A few are that the Trust actually owns it and you can assign any number of trustees who can possess it. If only in your name it can only be in your possession or under your control at all times. The trust also allows you to assign a relative as the trustee should you pass which means they can immediately take possession of if and deal with it in a way they see fit. If only in your name it gets kinda tricky having things done right when the registered owner passes away.
Lastly the trust does away with need for fingerprints and pics and signatures from sheriffs and all that.
I put all my guns in my trust with my now 9yr old son as the inheritor and my wife as guardian till he's of age to own them himself. Prevents her from selling all 'his' guns for the $200 I told her I paid for them.
I had this gun made specifically with the idea of handing it down to him. That's why I went with a metal frame gun and had to have it threaded. Ruger doesn't make a gun with a factory threaded barrel on a metal frame. The plastic ones don't strike me as lifetime guns.
