5 Reasons to Love Trusts   https://www.youtube.com/watch?v=tGBd1olqIe8&t=12s   1. Avoids Probate - Trusts own property in its name instead of your name. Remember that property can include everything you own (Learn more here). As a result of retitling your property into the name of your trust, there's no assets to go...

  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...

By: Barry E. Haimo, Esq.March 7, 2019 Florida Land Trusts: What You Should Know Land trusts are legal in seven US states, including Florida, and are a desirable way to hold title to Florida real estate. In fact, the Florida legislature recently amended the Florida Land Trust...

  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...

By: Barry E. Haimo, Esq. February 1, 2018 The Limitations of Florida's Homestead Protection Life throws curveballs at all of us from time to time. Maybe the market takes a turn for the worse. Or you lose your job. Or you find yourself unable to work due to...

Another Benefit of Trusts: Owning Real Estate in Multiple States By: Barry E. Haimo, Esq. March 26, 2015 There are many benefits associated with setting up a trust or estate administration, and avoiding probate is at the top of the list. Probate can be a costly, stressful, and...

Power Of Attorney Form How to Remove Someone’s Power of Attorney Privileges By: Barry E. Haimo, Esq.February 28, 2019 Though a power of attorney document can be relatively succinct and quite simple to execute, it is actually a very important – and powerful – estate planning tool. A...

New Guardianship Laws Could Provide Alternatives to Probate Barry E. Haimo, Esq. June 4, 2015 Very few would call Florida’s guardianship program “perfect.” In fact, many—including the Miami New Times— would go as far as to call it “much-maligned” and in desperate need of an overhaul. Under Florida guardianship laws,...

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. August 31, 2017 Understanding Different Kinds of Trusts The best way to learn about the different kinds of trusts available to you is to sit down with a knowledgeable Florida estate planning attorney and explain what you are looking for. Why? Because there are simply...