by Haimo Law | Aug 28, 2016 | Fundamentals, Trusts
Below, please find a brief overview of some of the advantages and disadvantages of trusts. While they are not appropriate for everyone, they can be extremely versatile vehicles that protect and preserve assets and eliminate problems that arise during life and...
by Barry Haimo | Oct 13, 2015 | Fundamentals, Trusts
By: Barry E. Haimo, Esq. October 13, 2015 Retirement Accounts Shouldn’t Go to a Revocable Living Trust In the right circumstances, revocable living trusts can be wonderful estate planning tools that can accomplish a wide variety of important goals. A revocable living...
by Barry Haimo | Sep 29, 2015 | Asset Protection, Financial Planning
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....
by Barry Haimo | Sep 1, 2015 | Fundamentals, Trusts
By: Barry E. Haimo, Esq. September 1, 2015 The Importance of Funding Your Trust in a Proper and Timely Manner While creating a trust is a good first step, it is by no means the last. For a trust to work effectively, it must be properly funded. “Funding” refers to the...
by Barry Haimo | Aug 4, 2015 | Dangers/Complications, Trusts
When Your Trust Has Been Mismanaged By: Barry E. Haimo, Esq. August 4, 2015 I’ve sung the praises of trusts in many of my previous posts, touting them as an excellent and versatile estate planning tool that can help preserve and protect assets from creditors and...