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 | Jan 11, 2020 | Dangers/Complications, Trusts
The Perils of Administering a Trust in Florida By: Barry E. Haimo, Esq. January 20, 2015 If a loved one or close friend asks you to serve as administrator for their trust, chances are good that you’re going to say yes. After all, they are trusting you with an estate...
by Barry Haimo | Dec 30, 2019 | Dangers/Complications, Probate
Probate: Beast or Burden I said it before, and I’ll say it again: probate is time consuming, expensive and unpredictable. It presses a lot of emotional pressure points that can really be a terrible burden on your family. I’ve seen it both...
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,...
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