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...
What Is the Best Type of Trust for Married Couples? By: Barry E. Haimo, Esq. November 25, 2021 If you’re beginning the process of planning ahead to protect your assets, you might be considering a revocable living trust as part of your estate planning. After all, you...
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...
Considering the Dangers of Irrevocable Trusts By: Barry E. Haimo, Esq. August 30, 2021 People put money into trusts for a number of reasons. They want to avoid probate. They’re nervous about creditors getting their money. They believe their private affairs should stay...
7 Trusts All High Net Worth Estates Should Consider By: Barry E. Haimo, Esq. August 19, 2021 Estate planning can be challenging — especially for those with a high net worth. You want to protect your family, assets, and business, and gain the peace of mind of...
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...