Trusts Are Like Toothpaste Tubes https://www.youtube.com/watch?v=tGBd1olqIe8&t=12s 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...
5 Reasons to Love Trusts https://www.youtube.com/watch?v=tGBd1olqIe8&t=12s 1. Avoids Probate - Trusts own property in its name instead of your name. Remember that property can include everything you own (Learn more here). As a result of retitling your property into the name of your trust, there's no assets to go...
How to Avoid Probate Click here for a short playlist on the subject of probate. Very few circumstances justify taking action (or not taking action), intentionally, that results in going through Probate administration (a/k/a "estate administration"). It thrusts loved ones and potentially friends into the personal affairs...
At Haimo Law, we prioritize client education. We believe in transparency and managing expectations. Like you, when we retain the services of a person or business, we want to gain an understanding of: what the service entails a road map of the process from start...
By: Barry E. Haimo, Esq. November 19, 2015 5 Questions to Ask before Hiring an Estate Planning Attorney An estate planning attorney is a legal professional who helps his or her clients get organized and prepared for during life and after death. Through years of experience and education,...
By: Barry E. Haimo, Esq. August 18, 2015 Communication Series - Failure to Communicate During Estate Planning - Part 2 In my most recent post, I shared the unfortunate experience of the Huang family, and how failure to communicate during estate planning brought them chaos, confusion, and hardship. As...
Estate Planning Help: Do I Need an Attorney to Handle an Estate? By: Barry E. Haimo, Esq. May 19, 2015 [VIDEO TRANSCRIPT] BARRY HAIMO: In Florida, an attorney is required to administer an estate through probate proceedings. [END TRANSCRIPT] Planning for the future in the event of your death or your...
The Overlap between Estate Planning and Financial Planning By: Barry E. Haimo, Esq. November 3, 2014 Estate planning aims to ensure your affairs are in order during life and after death. It focuses on five things: i) appoint fiduciaries to stand in your shoes when necessary; ii)...
Why Digital Assets Matter By: Barry E. Haimo, Esq. October 23, 2014 Stop me if you’ve heard this one before: we live in a digital world. It’s become cliché to say that. However, there’s a reason the phrase has been repeated so often in recent years, and that’s because...
Don’t Forget Your Business When Planning Your Estate By: Barry E. Haimo, Esq. September 5, 2014 When most people hear the words “estate planning,” they think about Wills and Trusts. After all, an estate plan is supposed to help you to put your personal finances in order when...