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Succession Planning: What’s Next When a Business Partner Dies?
Succession Planning: What’s Next When a Business Partner Dies? By: Barry E. Haimo, Esq. February 25, 2021 One of the most important parts of your business plan is figuring out what happens after a business partner dies. It’s known as business succession planning. So,...
If a Person Lives Out of the Area, Can They Still Be Named an Executor?
If a Person Lives Out of the Area, Can They Still Be Named an Executor? By: Barry E. Haimo, Esq. February 25, 2021 [BEGIN TRANSCRIPT] BARRY HAIMO: A person can be named executor or a personal representative in Florida under a will. It generally requires you to live in...
What Qualities Should I Look for When I Choose an Executor?
What Qualities Should I Look for When I Choose an Executor? By: Barry E. Haimo, Esq. February 25, 2021 {BEGIN TRANSCRIPT] BARRY HAIMO: In designating an executor or personal representative in Florida, you should look for someone that not only do you trust, but that is...
Why Are Corporation Governing Documents Important?
Why Are a Corporation’s Governing Documents Important? Part 1: Bylaws By: Barry E. Haimo, Esq. February 12, 2021 When you begin to set up a corporation – or any new business for that matter – you need to have a vision in place. It should cover where the business is...
Your Guide to Estate Planning for Small Business Owners
Your Guide to Estate Planning for Small Business Owners By: Barry E. Haimo, Esq. February 11, 2021 As a small business owner in Florida, you wear an infinite number of hats in any given week. Throw in the unprecedented challenges you probably faced in the last year,...
Top 5 Estate Planning Must-Knows for New Parents
Top 5 Estate Planning Must-Knows for New Parents By: Cristin Gerczak, Esq. February 9, 2021 As a new parent, you have a lot on your mind — if you’ve had enough sleep to think straight! Making sure your new baby is taken care of is at the top on that list. Preparing an...
If I Die, What Happens to My Business in Florida?
If I Die, What Happens to My Business in Florida? By: Barry E. Haimo, Esq. February 4, 2021 When you run a business, planning your estate isn’t just about signing over your financial accounts and personal possessions to heirs or completing a power of attorney and...
What Are Florida’s Laws on “Descent and Distribution”?
What Are Florida’s Laws on “Descent and Distribution”? By: Barry E. Haimo, Esq. February 4, 2021 It's never easy dealing with the loss of a loved one. However, there will come a point when decisions need to be made about the possessions they've left behind. This...
Communicating with Your Family about Your Estate Plan (and Where They Fit In)
Communicating with Your Family about Your Estate Plan (and Where They Fit In) - Part 3 of 3 By: Cristin Gerczak, Esq. February 2, 2021 Welcome back to the third post in our series on providing a fair inheritance. The first post covered what “fairness” means in estate...
How Many Americans Have a Will? One Survey Says Only About 32%
How Many Americans Have a Will? One Survey Says Only About 32% By: Barry E. Haimo, Esq. January 28, 2021 A few years ago, we posted a version of this article lamenting the fact that only around 40% of American adults had wills. Well, the numbers today are even more...
