Do Beneficiaries Have to Pay Creditors Out of Their Own Pocket If the State Is Involved? By: Barry E. Haimo, Esq. November 8, 2021 [BEGIN TRANSCRIPTION] BARRY HAIMO: Generally, in probate proceedings, the assets from an estate are pooled together and creditors are...
Failure to Respect Corporate Formalities and Piercing the Corporate Veil By: Barry E. Haimo, Esq. October 25, 2021 When it comes forming your business, you have options: disregarded sole proprietorship, general partnership, limited partnerships, limited liability...
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...
By: Barry E. Haimo, Esq. February 19, 2018 Failure to Respect Corporate Formalities and Piercing the Corporate Veil When it comes forming your business, you have options: disregarded sole proprietorship, general partnership, limited partnerships, limited...
By: Barry E. Haimo, Esq. September 29, 2015 How to Protect IRA Assets for Beneficiaries with Trusts As an estate planning attorney, I often work with clients who have accrued large amounts in qualified retirement plans like individual retirement accounts, or IRAs....