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, stressful, and...

By: Barry E. Haimo, Esq. February 13, 2018 Sports Reporter Craig Sager Causes Dramatic Feud for His Blended Family “Nothing like getting served, pestered by Sherrifs & taken to court over a Will that myself and my sisters are not only 100% excluded from but do not even...

Am I Responsible for My Deceased Parent or Spouse’s Bills? By: Barry E. Haimo, Esq. May 19, 2015 [BEGIN TRANSCRIPT] HAIMO: Generally speaking, you are not responsible for the debts of another person unless you actively agree to be responsible for those debts. [END TRANSCRIPT] The weeks and months that follow death...

The Fundamentals of a Last Will and Testament   By: Barry E. Haimo, Esq. A Last Will and Testament or a "Will" is a legal document that expresses your postmortem wishes. It appoints a personal representative or executor to administer your estate. It designates a guardian of the...

By: Barry E. Haimo, Esq. November 29, 2018 When Divorce and Estate Planning Collide Divorce can crumble all sorts of plans for your life, your family, and your finances. New tax laws can also change how your finances will look and be shaped over the next years. If...

By: Barry E. Haimo, Esq. November 8, 2018 How to Be Fair When Dividing Your Estate Among Your Children The importance of an estate plan can’t be overstated. Without clear inheritance guidelines, rifts may develop among your descendants as they fight over the assets you leave behind. One...

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. October 6, 2015 Estate Planning: You Shouldn’t Always Accept an Inheritance From disco albums to boring books to ugly sweaters—we’ve all politely accepted gifts we don’t want at some point in our lives. But while graciously accepting an unwanted gift might not do much...

By: Barry E. Haimo, Esq. September 29, 2015 How to Protect IRA Assets for Beneficiaries with Trusts As an estate planning attorney, I often work with clients who have accrued large amounts in qualified retirement plans like individual retirement accounts, or IRAs. Often, their IRAs have developed into...

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