Latest News and Information
How to Protect Your Estate against Your Child’s Possible Future Divorce
How to Protect Your Estate against Your Child's Possible Future Divorce By: Barry E. Haimo, Esq. July 22, 2021 Family relationships can be complicated -- especially when it comes to your adult children. After all, you can plan your own legacy through estate planning,...
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...
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...
Does Your Estate Plan Have These “Non-Financial” Assets?
Does Your Estate Plan Have These "Non-Financial" Assets? By: Barry E. Haimo, Esq. July 15, 2021 When participating in estate planning, it’s natural to only think about the financial aspects of your estate. Monetary accounts you have. Property you own. And so on....
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...
Florida Executor Fees: How Much Does an Executor Get Paid?
Florida Executor Fees: How Much Does an Executor Get Paid? By: Barry E. Haimo, Esq. July 12, 2021 How do Florida executor fees work? How much does an executor get paid, if at all? Here's an overview of the topic. [BEGIN TRANSCRIPTION] BARRY HAIMO: An executor or...
Where Should Business Owners Start with Estate Planning?
Where Should Business Owners Start with Estate Planning? By: Barry E. Haimo, Esq. July 8, 2021 When you own a small business, you have many things competing for your attention daily. From invoicing to hiring to marketing, you have your hands full. For many small...
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...
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...
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’...
