By: Barry E. Haimo, Esq.May 16, 2019 Living trust and estate planning form Who are the Relevant Parties of a Trust? When you create a trust to protect, grow, and distribute your assets, it involves a number of parties. These parties each perform different necessary roles and have...

Last Will and Testament documents By: Barry E. Haimo, Esq.May 9, 2019 Electronic Wills: Are They Coming? So far, we have we have seen the legal profession make various changes as it tries to keep pace with modern technological advances. Examples of such changes include electronic filing of...

Revocable trust By: Barry E. Haimo, Esq.May 2, 2019 The Problem of Not Funding Your Revocable Trust One commonly-used strategy for estate planning is to create a revocable – or living – trust. This is a legal entity entrusted with holding ownership of an individual’s personal assets. It...

By: Barry E. Haimo, Esq.April 25, 2019 3D illustration artificial fertilization. Assisted reproductive treatment. Estate Planning with an Eye toward Assisted Reproduction Advances in technology have opened many doors in the world of family planning. Partners can conceive by freezing eggs, storing sperm, or reaching out to anonymous...

By: Barry E. Haimo, Esq. December 6, 2017 Understanding the Fundamentals of Estate Administration (Probate)   Estate administration (or Probate) is the process of winding down a deceased's legal estate. It involves deceased's ABCs, or assets, beneficiaries and creditors. Even simple estates can take time and incur costs, especially...

By: Barry E. Haimo, Esq. February 19, 2018 Failure to Respect Corporate Formalities and Piercing the Corporate Veil   When it comes forming your business, you have options: disregarded sole proprietorship, general partnership, limited partnerships, limited liability partnerships, limited liability limited partnerships, corporations and limited liability companies (LLCs) (partnership,...

Business Plan By: Barry E. Haimo, Esq.April 18, 2019 Do Small Businesses Really Need to Engage in Business Planning? If you are a small-to-medium-sized business owner, you may view building a business plan as a deeply complex endeavor that will require exorbitant amounts of time. And because of...

By: Barry E. Haimo, Esq. March 29, 2018 Is Michael's Jackson's Name and Likeness Worth Only $2,105? For estate tax filing, the executors for Michael Jackson’s estate claimed that the value of his name and likeness was tarnished, thus lowering its value. But is it worth only $2,105? The...

          What's a Living Will?   September 4, 2015 By: Barry E. Haimo, Esq.   What is a Living Will, and Why Should I Care? A Living Will is a document that enables you to choose your preference as to whether to be kept alive artificially on life support in the event...

  By: Barry E. Haimo, Esq. January 9, 2018 Who are the Material Parties in Probate? Read this post to learn more about the process before proceeding. Estate administration (or probate) can be a lengthy court process. As you learned earlier, it requires addressing the ABCs of a deceased persons's...