What You Need to Know about Valuing Estate Assets By: Barry E. Haimo, Esq. September 9, 2021 When dealing with the death of a loved one, surviving family members often consult estate planners or legal experts regarding valuing estate assets. They want to know if it is...
Beneficiary vs. Heir: What Is the Difference Between an Heir and a Beneficiary? By: Barry E. Haimo, Esq. August 20, 2021 You need to understand the difference between your heirs and beneficiaries. Not doing so could change the way you plan your estate, and later cause...
What Discretionary Income Has to Do With Your Estate Plan By: Barry E. Haimo, Esq. August 5, 2021 When it comes to estate planning, most people tend to think of the items in that plan as static. Accounts that have set amounts of money — or at least that you...
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...
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...
Can You Have Your Cake and Eat It Too With Irrevocable Trusts? By: Barry E. Haimo, Esq. June 25, 2021 Irrevocable trusts tend to be a bit misunderstood. When most people think of these types of trusts, they think that they don’t offer any type of flexibility. And, in...
