The Dangers of Irrevocable Trusts

The Dangers of Irrevocable Trusts

Considering the Dangers of Irrevocable Trusts By: Barry E. Haimo, Esq. August 30, 2021 People put money into trusts for a number of reasons. They want to avoid probate. They’re nervous about creditors getting their money. They believe their private affairs should stay...
Do Your Children Need Asset Protection?

Do Your Children Need Asset Protection?

Do Your Children Need Asset Protection? By: Barry E. Haimo, Esq. November 24, 2020 The shortest answer we can give you is that if you have children, then yes, they do need asset protection. Indeed, most people who have children hope to leave some form of inheritance...
Trusts Are Like Toothpaste Tubes

Trusts Are Like Toothpaste Tubes

Trusts Are Like Toothpaste Tubes     You read the title correctly. Trusts are in fact a lot like toothpaste tubes. Let me tell you how. First, you have full control over how much toothpaste is squeezed out. You can squeeze out a little or a lot. It’s...