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The dangers of a business going through probate

Most people fail to realize that their business is another asset grouped together with the rest of their assets. If not titled appropriately, then the business will go through the post-mortem toll booth of probate, and that is definitely...

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What Is An Educational Trust and How Does It Work?

What Is An Educational Trust and How Does It Work?

What Is An Educational Trust and How Does It Work? By: Barry E. Haimo, Esq.July 19, 2021 You don’t have to be extremely wealthy to set up a trust fund for your loved ones. With the right guidance from a knowledgeable Florida trust attorney, you can easily set up a...

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Myth: Dying without a will goes to the state

A great video for our #MythbusterMondays. A will does NOT avoid probate. AND dying without a will does NOT mean that it goes to the state. The state is equivalent to the beneficiary of last resort. The statute specifically tries to find...

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Trust providing asset protection

A trust is a separate legal entity that owns and manages property like real estate, cash, stocks, bonds, etc. for the benefit of your desired beneficiaries. A trustee is appointed to manage the trust pursuant to the document’s precise...

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What Are the Different Types of Joint Venture?

What Are the Different Types of Joint Venture?

By: Barry E. Haimo, Esq. July 5, 2021 What Are the Different Types of Joint Venture? If you are still trying to determine what type of partnership you want to form, look at the goals you are trying to achieve. This is where creating a joint venture may become your...

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6 Planning Tips for Every High-Net-Worth Estate

6 Planning Tips for Every High-Net-Worth Estate

6 Planning Tips for Every High-Net-Worth Estate Making decisions about high-net-worth estates demands careful planning to eliminate regrets later. You want to protect your assets and protect your family. Unfortunately, all-too-often high-net-worth individuals’...

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