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...

  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. 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...

Avoid Creditors: Keep a Mistake from Becoming Financial Ruin   By: Barry E. Haimo, Esq. November 18, 2014 A while back I wrote about how someone could get into a car accident while texting and lose all of their money if the person they hit decided to sue them....

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...

By: Barry E. Haimo, Esq. January 31, 2019 What We Can Learn from Stan Lee’s Estate Planning Problems With 18 more Marvel movies still in the pipeline in addition to his half-century-plus as a comic industry icon, it’s pretty safe to say that Stan Lee’s status as a...

  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...

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. 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.August 1, 2019 Estate tax proposal Bernie’s New Estate Tax Proposal and What It Would Mean “Tax-the-rich” proposals are seemingly being drawn up and put forth left and right by everyone sitting anywhere left of the political dial. The latest iteration comes from Bernie...

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