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...

By: Barry E. Haimo, Esq. May 19, 2015 Is an Estate Tax Imposed by Both the Federal and State Governments? [BEGIN TRANSCRIPTION] In some states, you will pass away and be subject to both federal and state estate tax. However, in Florida, you will only be subject to federal...

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...