By: Barry E. Haimo, Esq. January 23, 2020 Failing to Remove (or Add) Beneficiaries From Your Estate Plan If you asked yourself when was the last time you updated your will, what would you say? If you’re part of the majority of people in America, the answer is...

  Protect Life Insurance Payouts from Creditors with Trusts - Part 1 By: Barry E. Haimo, Esq. July 21, 2015 Life insurance can be a valuable financial asset and effective estate planning tool. As a general rule, the proceeds of a life insurance policy are paid to a designated...

By: Barry E. Haimo, Esq. July 13, 2017 With the diversity and popularity of our state, probate matters can get quite interesting at times. In addition to citizens of the state who pass away here, there are also tourists, retirees, snowbirds, various other non-citizens, spouses of non-citizens,...

By: Barry E. Haimo, Esq. February 4, 2016 What Happens If There Is No Living Will? I’ve written before about the importance of designating a health care surrogate – someone you choose to make important medical decisions for you in the event that you become incapacitated due to injury,...

January 16, 2019  By: Barry E. Haimo, Esq. Epstein Trust Created Two Days Prior to Suicide Jeffery Epstein has been back in the news recently as people speculate the true cause of his death. It was pronounced as a suicide in August 2019, but his brother, Congressmen, and...

  April 29, 2013 By: Barry E. Haimo, Esq. Beware of the Single-Member Limited Liability Company (LLC)   Limited Liability Company (LLC) interests are characterized as personal property under Florida Law. Everyone that forms a business entity to limit their personal liability does so to separate themselves from creditors of...

What Is a Trust? By: Barry E. Haimo, Esq. March 27, 2014 A trust is an incredibly valuable and versatile tool that can enable you to accomplish many of your estate and business planning objectives. There are all kinds of different types of trusts out there, many with very specific...

The Perils of Administering a Trust in Florida By: Barry E. Haimo, Esq. January 20, 2015 If a loved one or close friend asks you to serve as administrator for their trust, chances are good that you’re going to say yes. After all, they are trusting you with...

By: Barry E. Haimo, Esq. November 28, 2017 Types of Estate Administration (Probate): Formal v. Summary Administration There are two main types of estate administrations, which are commonly referred to as probate. They are very similar  and also very different. Fortunately, you do not have to choose one...