Who Pays for the Costs of Probate and Estate Administration? By: Barry E. Haimo, Esq. November 15, 2021 [BEGIN TRANSCRIPTION] BARRY HAIMO: The costs associated with probate administration are paid by the estate itself, that includes payments for personal...
Do Beneficiaries Have to Pay Creditors Out of Their Own Pocket If the State Is Involved? By: Barry E. Haimo, Esq. November 8, 2021 [BEGIN TRANSCRIPTION] BARRY HAIMO: Generally, in probate proceedings, the assets from an estate are pooled together and creditors are...
Who Are the Parties in a Limited Partnership? By: Barry E. Haimo, Esq. November 1, 2021 So you’ve decided that your new business venture will take the form of a limited partnership (LP). You want passive income, protection of your assets, and flexibility for all of...
Can I Name an Alternate Beneficiary in My Will? By: Barry E. Haimo, Esq. October 4, 2021 [BEGIN TRANSCRIPT] HAIMO: In Florida, you can designate your beneficiaries in your will. You can designate a variety of different beneficiaries and the way which they’re going to...
The Importance of Designating an Alternate Personal Representative By: Barry E. Haimo, Esq. September 20, 2021 When planning your estate, determining who to name as a personal representative is incredibly important. I can also be challenging. Since personal...