Considering a GRAT? What You Should Know First By: Barry E. Haimo, Esq. August 12, 2021 You’ve worked hard to amass your wealth. And you want to pass it on to those you’ve chosen with as little hassle as possible. However, due to the size of your estate, you may find...
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’...
What Are Outside Creditors? What You Need to Know By: Barry E. Haimo, Esq. May 31, 2021 We’ve talked in previous posts about who creditors are and how they can go after your assets. In “What’s an Inside Creditor?”, we discussed the basics of protecting your personal...
How Your Art Collection Factors Into Your Estate Plan By: Barry E. Haimo, Esq. January 28, 2020 Every piece of artwork — from internationally renowned photography to mixed media pieces by artists around the country, all the way down to works found at the neighborhood...
What Is Offshore Planning? By: Barry E. Haimo, Esq. January 22, 2021 Transcript BARRY E. HAIMO, ESQ.: Offshore planning generally describes an asset protection technique where you create and fund a trust and the trust is administered by another country — a...
Do Your Children Need Asset Protection? By: Barry E. Haimo, Esq. November 24, 2020 The shortest answer we can give you is that if you have children, then yes, they do need asset protection. Indeed, most people who have children hope to leave some form of inheritance...