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...

  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...

  April 29, 2013 By: Barry E. Haimo, Esq. Beware of the Single-Member Limited Liability Company (LLC)   Limited Liability Company (LLC) interests are characterized as personal property under Florida Law. Everyone that forms a business entity to limit their personal liability does so to separate themselves from creditors of...

By: Barry E. Haimo, Esq. November 15, 2016 What Are the Governing Documents for a Limited Partnership? So, you’ve decided to form a limited partnership. As you know, a limited partnership is a type of entity where the shareholders are comprised of general and limited partners. The general...

By: Barry E. Haimo, Esq. July 12, 2016 What Is a Limited Liability Company? When creating a business, you need to decide what type of business you want to be both in terms of the actual business and your business structure. There are a number of different options when...

By: Barry E. Haimo, Esq. June 12, 2016 What Is an S Corp? If you have a business or are thinking about starting your own business, you need to decide what type of business structure will best suit your business's tax and legal needs. Different business structures have...

By: Barry E. Haimo, Esq. June 16, 2016 What Is a General Partnership? Many people would jump at the chance to have their own business, but first you need to have an idea. And if you’re lucky enough to stumble upon a good idea, then you might actually...

By: Barry E. Haimo, Esq. April 21, 2016 Why Incorporate Your Business? It’s the American Dream to start your own business. There’s nothing like being your own boss, making your own decisions, and working on your own schedule. But running a business is a lot of work. And if...

Startups Need a Legal Compass Part 1   By: Barry E. Haimo, Esq. April 15, 2014 According to Eric Ries, author of the book, Lean Startup, startups are ventures with an unproven business model that are operating under conditions of extreme uncertainty. Steve Blank, Eric's mentor, would agree. He...

  Can a victim take an interest in a Florida LLC?   By: Barry E. Haimo, Esq. December 27, 2013 There are several different types of business entities, with each having its own unique advantages and disadvantages. to illustrate the point, businesses may form: general partnerships (GP) or joint ventures...

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