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...
Don’t Forget Your Business When Planning Your Estate By: Barry E. Haimo, Esq. September 5, 2014 When most people hear the words “estate planning,” they think about Wills and Trusts. After all, an estate plan is supposed to help you to put your personal finances in...
Inherited IRAs Lose Important Ground By: Barry E. Haimo, Esq. June 25, 2014 Click here to read this post for a basic introduction to IRAs. As you know, one of the benefits of IRAs is that they are protected from creditors. This is particularly true in Florida,...
The Basics: IRAs 101 By: Barry E. Haimo, Esq. June 18, 2014 Background: An Individual retirement account (“IRA”) is a financial vehicle with many benefits to the person who created it as well as his or her family. Some of the benefits include: Tax...
What Richie Incognito and Joe Robbie Have in Common Other Than the Dolphins By: Barry E. Haimo, Esq. February 22, 2014 By now, everyone is tired of hearing about the Miami Dolphins. The commentary usually criticizes poor coaching, management and performance....