Trusts Are Like Toothpaste Tubes   https://www.youtube.com/watch?v=tGBd1olqIe8&t=12s   You read the title correctly. Trusts are in fact a lot like toothpaste tubes. Let me tell you how. First, you have full control over how much toothpaste is squeezed out. You can squeeze out a little or a lot. It's...

  By: Barry E. Haimo, Esq. April 14, 2016   What’s an Inside Creditor? When you’ve worked hard for something, you will do anything to protect it. You don’t want your assets or your business vulnerable to creditors, but how do you protect them? Well, the first step is to check...

https://www.youtube.com/watch?v=KICpGOiCpsk   An Unlawfully dishonored Living Will - Part 2   By: Barry E. Haimo, Esq. January 6, 2014 Last week we wrote a post about the unfortunate and tragic story of a 13 year old teenager - Jahi McMath - who experienced a terrible adverse reaction to otherwise "routine" surgery...

By: Barry E. Haimo, Esq. June 29, 2017 Handling assets after a loved one’s death is never easy. Bumps in the road are inevitable, especially if they had a large or complicated estate. If you are preparing to begin the probate process for a loved one’s estate,...

  By: Barry E. Haimo, Esq. January 12, 2016 Why Is a Living Will Important? No one enjoys thinking about the possibility of being diagnosed with a terminal illness. But as we near the end of our lives, the likelihood of coming down with an incurable condition increases. If...

Kobe Bryant's Death Is an Estate Planning Reminder To All By: Barry E. Haimo, Esq. March 19, 2020 Sometimes it’s a death of a close relative. Other times, it’s the loss of a friend. Then there are those celebrity deaths that hit a large number of people hard....

By: Barry E. Haimo, Esq. April 5, 2016 Who Needs a Power of Attorney? With a Power of Attorney, you can give someone else the authority to make decisions and act on your behalf for a wide variety of reasons. For this reason, a Power of Attorney, or...

Wrong Kind of Trust By: Barry E. Haimo, Esq. December 18, 2014 People put money into trusts for a number of reasons. They want to avoid probate. They’re nervous about creditors getting their money. They believe their private affairs should stay that way. In Jerry’s case, he was...

  Isolate Assets - Will a limited partnership (LP) or LLC protect my assets?   By: Barry E. Haimo, Esq. January 3, 2014 Simple Answer: The simple answer is yes. In Florida, a limited partnership (LLP) or a multi-member limited liability company (LLC) will protect your assets. However, it's important to...