Probate - Notice to Creditors - Part 2 By: Barry E. Haimo, Esq. March 12, 2014 Please read Notice to Creditors - Part 1 first if you have not already done so. You hopefully learned from prior posts that Probate is definitely something worth investing money to avoid; at...
[caption id="attachment_5240" align="alignleft" width="300"] Prince estate blunder.[/caption] By: Barry E. Haimo, Esq. June 22, 2016 Prince's Estate Planning Blunder, a Symbol of What NOT to Do - Part 2 Summary In the first post, we discussed that Prince allegedly died owning approximately $300 million dollars in assets consisting of real...
The Essence of Trusts Diana thought that she had learned her lesson when her husband, Benny, died without any kind of estate planning documents. The lengthy probate was made doubly difficult because they had a business together as well as a son with disabilities. With no...
Living Will: "Brain Dead But Kept Alive" By: Barry E. Haimo, Esq. December 29, 2014 A Living Will is a document that enables you to choose your preference for being kept alive artificially on life support in the event that you are in a persistent vegetative stage, terminally...
April 29, 2013 By: Barry E. Haimo, Esq. Beware of the Single-Member Limited Liability Company (LLC) Limited Liability Company (LLC) interests are characterized as personal property under Florida Law. Everyone that forms a business entity to limit their personal liability does so to separate themselves from creditors of...
A Closer Look at Probate If you watch our videos and read the content on HaimoLaw.com, we guarantee you'll better understand wills, trusts, probate, business planning and asset protection; the basic positive and negatives about each area and why they are important to you, your family...
What Is a Trust? By: Barry E. Haimo, Esq. March 27, 2014 A trust is an incredibly valuable and versatile tool that can enable you to accomplish many of your estate and business planning objectives. There are all kinds of different types of trusts out there, many with very specific...
Probate: Beast or Burden I said it before, and I'll say it again: probate is time consuming, expensive and unpredictable. It presses a lot of emotional pressure points that can really be a terrible burden on your family. I've seen it both professionally and...
Probate - Notice to Creditors - Part 1 By: Barry E. Haimo, Esq. March 3, 2014 Probate (also referred to as "estate administration") is something you generally want to avoid. However, there are circumstances where probate does offer some advantages. This post focuses on one of those advantages...
By: Barry E. Haimo, Esq. May 24, 2016 The New Health Care Surrogate Statute A Health Care Surrogate is a critical document in any estate plan. Essentially, it enables the person executing the document -- known as the principal -- to designate one or more people to make...