by Barry Haimo | Jan 21, 2020 | Fundamentals, Trusts
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...
by Barry Haimo | Jan 13, 2020 | Fundamentals, Trusts
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...
by Barry Haimo | Mar 1, 2019 | Fundamentals, Trusts
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,...
by Barry Haimo | Aug 15, 2017 | Fundamentals, Trusts
By: Barry E. Haimo, Esq. August 15, 2017 Who are the Relevant Parties of a Trust? When you create a trust to protect, grow, and distribute your assets, it involves a number of parties. These parties each perform different necessary roles and have individual...
by Haimo Law | Aug 28, 2016 | Fundamentals, Trusts
Below, please find a brief overview of some of the advantages and disadvantages of trusts. While they are not appropriate for everyone, they can be extremely versatile vehicles that protect and preserve assets and eliminate problems that arise during life and...
by Barry Haimo | Oct 13, 2015 | Fundamentals, Trusts
By: Barry E. Haimo, Esq. October 13, 2015 Retirement Accounts Shouldn’t Go to a Revocable Living Trust In the right circumstances, revocable living trusts can be wonderful estate planning tools that can accomplish a wide variety of important goals. A revocable living...
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