Blog
Rob Reiner and the Law That Stops a Killer from Inheriting
Rob Reiner and the Law That Stops a Killer from Inheriting By: Barry E. Haimo, Esq. December 18, 2025 An explanation of Slayer and killer forfeiture statutes in light of a heartbreaking tragedy The news of Hollywood legend Rob Reiner and his wife, Michele Singer...
Corporations vs. LLCs: Where They Differ – And Where They Overlap
Corporations vs. LLCs: Where They Differ – And Where They Overlap By: Barry E. Haimo, Esq. October 21, 2025 One of the first (and most important) decisions an entrepreneur must make is choosing the right legal structure for their business. Two of the most common...
Trusts 101: What You Need to Know
Trusts 101: What You Need to Know By: Barry E. Haimo, Esq. October 14, 2025 When people hear the word trust, they often think of something that’s complicated, only for the wealthy, or perhaps even unnecessary. But the truth is that trusts are powerful, flexible...
Is Probate Really All Bad?
Is Probate Really All Bad? By: Barry E. Haimo, Esq. October 7, 2025 Probate is one of those words that makes many families cringe. It’s often portrayed as a slow, expensive process that ties up your loved ones’ inheritance in endless court proceedings. Because it is....
The One Big Beautiful Bill Act
The One Big Beautiful Bill was went into effect July 4, 2025. It has a lot of important changes, many of which are found in this article.
What Assets Are Exempt When Determining Florida Medicaid Eligibility in 2025?
What Assets Are Exempt When Determining Florida Medicaid Eligibility in 2025? By: Barry E. Haimo, Esq. September 16, 2025 Florida’s Medicaid program imposes very strict limits on countable assets for those applying for long‑term care Medicaid. However, several types...
Understanding Florida Medicaid Eligibility in 2025: What You Need to Know
Understanding Florida Medicaid Eligibility in 2025: What You Need to Know By: Barry E. Haimo, Esq. September 9, 2025 If you or a loved one needs help paying for long-term care, medical expenses, or nursing home services, Medicaid is a vital resource. But eligibility...
What Assets Are Protectable — and Where Can You Go Wrong?
What Assets Are Protectable -- and Where Can You Go Wrong? By: Barry E. Haimo, Esq. September 2, 2025 When life is going smoothly, it’s easy to overlook legal and financial safeguards. But you never know when lawsuits, creditors, or unexpected liabilities are going to...
Medicaid Planning: Safeguarding Your Future and Long-Term Care Needs
As long-term healthcare costs continue to rise, many families find themselves facing difficult financial decisions. The average monthly cost of a semi-private room in a U.S. nursing home is now over $7,900, with private rooms exceeding $9,000. Nearly 70% of people over 65 are expected to need long-term care with 20% needing it for five years or more. This financial burden can be overwhelming.
8 Steps to Forming a New Business Entity in Florida
8 Steps to Forming a New Business Entity in Florida By: Barry E. Haimo, Esq. August 4, 2025 Forming a new business in our state is a relatively straightforward process, but it’s important to follow the proper steps to ensure your company is legally recognized and...
Death Without a Will? There’s a Statute for That
Death Without a Will? There’s a Statute for That By: Barry E. Haimo, Esq. July 28, 2025 Do you really need a will? After all, you’re young and healthy, so the chances of you dying are slim, right? Or maybe you just don’t feel like you’ve accumulated enough in your...
Want Some Compelling Reasons You Should Have an Estate Plan Right Now?
Why You Want to Have an Estate Plan Sooner Rather Than Later By: Barry E. Haimo, Esq. July 21, 2025 Far too many people don’t think they need an estate plan until they’re either old or wealthy – if they even think they need one at all. But estate planning is about...
9 Ways to Protect Your Assets
9 Ways to Protect Your Assets By: Barry E. Haimo, Esq. July 17, 2025 If you’re like most people, you’ve spent a lifetime building up your assets. And you don’t want all your hard work to go down the drain because you neglected to create a smart estate plan or set up...
Estate Planning Scams Floridians Should Watch Out For
Estate Planning Scams Floridians Should Watch Out For By: Barry E. Haimo, Esq.July 15, 2025 While scammers are everywhere, estate planning scammers are especially vile. After all, it won’t be easy for your beneficiaries to undo the work of a scammer as they’re trying...
Avoid Creditors: Keep a Mistake from Becoming Financial Ruin
Avoid Creditors: Keep a Mistake from Becoming Financial Ruin By: Barry E. Haimo, Esq. July 8, 2025 A while back I wrote about how someone could get into a car accident while texting and lose all of their money if the person they hit decided to sue them. I was merely...
3 Steps to Take After a Dementia Diagnosis
3 Steps to Take After a Dementia Diagnosis By: Barry E. Haimo, Esq. July 1, 2025 Rather than referring to a single disease, the term “dementia” can be applied to a variety of symptoms involving a debilitating decline in cognitive thinking skills. As we age, even the...
IRC 1202 | Income Tax Exemption of Qualified Small Business Stock (QSBS)
IRC Section 1202 can save millions in taxes. But it’s not for everyone. Is it right for you?
You’re Single and Don’t Have Kids — What Should You Know about Estate Planning?
By: Barry E. Haimo, Esq. June 24, 2025 What You Need to Know about Estate Planning When Single and Childless You're not married, and you never had kids – how does estate planning work for you? Do you even need to do it? This is an understandable question. After all,...
IRC 1031 | Tax-deferred like-kind exchange
IRC 1031 Like-kind exchange By: Barry E. Haimo, Esq. June 19, 2025 What is a 1031 Like-Kind Exchange? At its core, a 1031 exchange, named after Section 1031 of the Internal Revenue Code, allows you to defer capital gains taxes and recapture and depreciation taxes when...
What’s a Living Will?
What's a Living Will? June 17, 2025 By: Barry E. Haimo, Esq. You've very likely heard of a living will before, but what exactly is it? Essentially, this document enables you to choose your preference as to whether you want to be kept alive artificially on life support...
Healthcare Decisions Need to Be Made While Healthy
Healthcare Decisions Need to Be Made While Healthy By: Barry E. Haimo, Esq. June 10, 2025 Estate planning is about more than what happens to your assets when you pass away. It’s also about protecting yourself at the end of your life. Proper estate planning should...
Failure to Respect Corporate Formalities and Piercing the Corporate Veil
Failure to Respect Corporate Formalities and Piercing the Corporate Veil By: Barry E. Haimo, Esq. June 3, 2025 When it comes forming your business, you have options: disregarded sole proprietorship, general partnership, limited partnerships, limited liability...
Estate Planning in a Time of Uncertainty Could Let Your Family Keep More of Your Assets
Estate Planning in a Time of Uncertainty Could Let Your Family Keep More of Your Assets By: Barry E. Haimo, Esq. May 30, 2025 Massive changes by the current administration -- sometimes shifting back and forth from day to day -- have US financial markets undulating....
Understanding the Value of Succession Planning and Why You Need an Outside Perspective
Understanding the Value of Succession Planning and Why You Need an Outside Perspective By: Barry E. Haimo, Esq. May 23, 2025 If you run a business, you know the importance of planning ahead. Every business sees changes, whether it’s from week to week, season to...
Is It Too Late to Create a Will After a Dementia Diagnosis?
Is It Too Late to Create a Will After a Dementia Diagnosis? By: Barry E. Haimo, Esq. May 16, 2025 Helping a loved one plan for their legal future after a dementia diagnosis can be difficult, but it’s vital you do so. Why? Because when it comes to a problem like...
