What to Consider When Selecting a Successor Trustee By: Barry E. Haimo, Esq. December 16, 2021 Selecting a successor trustee is no easy task. Too often, well-designed estate strategies fail due to poor execution by those in authority. This is true where managing...
Understanding Trusts and the Duties and Responsibilities of Trustees By: Barry E. Haimo, Esq. October 18, 2021 A trust is a separate legal entity that owns and administers property for the benefit of certain beneficiaries. One or more trustees are appointed to...
Who are the Relevant Parties to a Trust? By: Barry E. Haimo, Esq. September 27, 2021 When you create a trust to protect, grow, and distribute your assets, it involves a number of parties. These parties each perform different necessary roles and have individual...
Trust Representation Under Florida’s Trust Code By: Barry E. Haimo, Esq. January 22, 2021 When most people in our state think of a “representative,” they likely imagine a personal representative — the individual who handles another’s affairs...
Trusts Are Like Toothpaste Tubes You read the title correctly. Trusts are in fact a lot like toothpaste tubes. Let me tell you how. First, you have full control over how much toothpaste is squeezed out. You can squeeze out a little or a lot. It’s...
The Top Five Benefits of Trusts By: Barry E. Haimo, Esq. March 21, 2022 [BEGIN TRANSCRIPTION] HAIMO: Hi welcome back to Haimo. I’m glad to see you returned for a crash course on trusts. Here’s the big picture. A trust is an incredibly valuable and versatile...
