Fundamentals of Administering Nested Funding Business Entities By: Barry E. Haimo, Esq. March 6, 2022 Forming nested funding business entities is a big move. And administering them properly is critical to successfully enjoying many asset protection benefits. Here are...
When Adult Adoption Goes Too Far (Relating to Inheritance) By: Barry E. Haimo, Esq. February 7, 2022 [BEGIN TRANSCRIPTION] HAIMO: Hi. Welcome to Haimo Law. My name is Barry E. Haimo. I help families and businesses plan for and protect their immediate and long-term...
Failure to Respect Corporate Formalities and Piercing the Corporate Veil By: Barry E. Haimo, Esq. October 25, 2021 When it comes forming your business, you have options: disregarded sole proprietorship, general partnership, limited partnerships, limited liability...
Understanding Trusts and the Duties and Responsibilities of Trustees By: Barry E. Haimo, Esq. October 18, 2021 A trust is a separate legal entity that owns and administers property for the benefit of certain beneficiaries. One or more trustees are appointed to...
Who Qualifies as Part of the Probate Party Process? By: Barry E. Haimo, Esq. August 9, 2021 Estate administration (or probate) can be a lengthy court process. It requires addressing the ABCs of a deceased persons’s life: assets, beneficiaries and creditors. But...
