By: Barry E. Haimo, Esq. February 19, 2018 Annual Reports and Meeting Minutes   You formed a business to separate your personal assets from your business creditors right? It's called limited liability, and it's the most common reason we find people organize their business with a business entity such...

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. 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...

June 19, 2013 By: Barry E. Haimo, Esq. WHAT IS A CREDITOR AND WHY SHOULD I CARE?   In order to understand asset protection and business planning, you need to understand what a creditor is. A creditor is a person or entity to whom you owe money or property....