By: Barry E. Haimo, Esq. August 9, 2018 Estate Plan Changes You Need to Make After Your New Baby Is Born As any parent will assure you, your life transforms when a new baby arrives. Your priorities change. Your schedule changes. Your shopping list expands to include diapers, mushy...

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,...

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...

By: Barry E. Haimo, Esq. June 9, 2016 What’s an Outside Creditor? We’ve talked in previous posts about who creditors are and how they can go after your assets. In “What’s an Inside Creditor?”, we discussed the basics of protecting your personal assets from creditors going after your...

  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. December 8, 2015 9 Ways to Protect Your Assets If you’re like most people, you’ve spent a lifetime building up your assets. You don’t want all of your hard work to go down the drain because you neglected to create a smart...

By: Barry E. Haimo, Esq. November 10, 2015 Asset Protection Plan: Why You Need to Separate Yourself from Your Business   As the old saying goes, “It’s not what you make, it’s what you keep that counts.” This tidbit of wisdom can be applicable to anyone, but it rings especially...

Are Malpractice and Liability Insurance Enough to Protect Your Assets? By: Barry E. Haimo, Esq. May 19, 2016 [BEGIN TRANSCRIPTION] HAIMO: Insurance is just one line of defense. It’s important that you get it. However, insurance companies are going to do whatever they can do to avoid paying it out....

Why Should You Engage in Asset Protection Estate Planning? By: Barry E. Haimo, Esq. May 19, 2015 [BEGIN TRANSCRIPTION] HAIMO: Asset protection and estate planning overlap significantly. Most frequently, a well-insulated asset protection plan utilizes business entities and trusts. And the estate plan should incorporate the asset protection plan, so...

By: Barry E. Haimo, Esq. May 19, 2015 How to Protect an Inheritance from a Spouse [BEGIN TRANSCRIPTION] HAIMO: One of the benefits of creating a trust is that it protects the interests of the beneficiaries. The interests of the beneficiaries are protected from their creditors, and one of...