Online DIY Wills, Trusts and Business Documents Are Bad News By: Barry E. Haimo, Esq. February 2, 2013 Do it yourself anything is commonly referred to as "DIY". When it comes to estate planning, Online DIY wills, trusts, and business documents are an absolutely terrible idea. Obviously I'm referring...
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...
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 professionally and...
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. October 4, 2018 Aretha Franklin Didn’t Leave A Will - Now Her Family Needs a Probate Attorney Aretha Franklin’s death was a blow for musicians, entertainers, and fans throughout the world. The Queen of Soul was 76 years old; her funeral featured tributes...
By: Barry E. Haimo, Esq. June 14, 2018 How Do You Know If Someone Left You Money in a Will? A well-off relative recently died. Growing up you saw this relative fairly often, but you hadn’t been close since you became an adult. After experiencing an initial bout...
By: Barry E. Haimo, Esq. May 10, 2018 Saints Owner Tom Benson Excludes Daughter and Grandkids from Will – But Here's Why They Still Made Out Well...
By: Barry E. Haimo, Esq. December 5, 2015 9 Reasons That You Should Change Your Will There are a number of reasons you may need to update your will. Typically, an alteration to your will is the result of a major change in your life. Sometimes, however, even...
WHAT A WILL DOESN’T DO (PART 2) By: Barry E. Haimo, Esq. July 13, 2015 In a prior post, we discussed what a Last Will and Testament does. In this post, we will discuss what a Last Will and Testament does NOT do. What a Will Does Essentially, a Last...