Estate Planning Insights – A GENERATION-SKIPPING TRUST

Ethan R. Okura Hawai‘i Herald Columnist Also Known as a Legacy or Dynasty Trust The term “generation-skipping trust” is often misunderstood in estate planning. A GST does not mean that the inheritance skips your children and only...

Estate Planning Insights – WHAT IS AN A-B TRUST?

Ethan R. Okura Hawai‘i Herald Columnist For most couples who do not have trusts, if one dies, everything goes to the spouse. If a married couple has more than $5.49 million in assets (including life-insurance death...

Estate Planning Insights – THE REVOCABLE LIVING TRUST TRAP

Ethan R. Okura Hawai‘i Herald Columnist Although a Revocable Living Trust is beneficial for avoiding probate (and for married couples, an A-B Trust can reduce or eliminate estate taxes), it cannot protect your home from nursing-home...

Estate Planning Insights – UNDERSTANDING REVOCABLE LIVING TRUSTS

Ethan R. Okura Hawai‘i Herald Columnist Last month, we shared information on funding your Revocable Living Trust. This month, we decided to go back to the very beginning and explain what a Revocable Trust is and...

Estate Planning Insights: FUNDING YOUR REVOCABLE LIVING TRUST

Ethan R. Okura Hawai‘i Herald Columnist If you have an existing estate plan, you are probably already familiar with the benefits of creating a Revocable Living Trust. One of the biggest advantages of a Revocable Living...

Estate Planning Insights: CARE IN THE TIME OF COVID-19

Ethan R. Okura Hawai‘i Herald Columnist Nearly six months have passed since Hawai‘i’s leadership imposed the original work-at-home/stay-at-home order back in March to slow the spread of the novel coronavirus. The effort to make ends meet...
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A WILL OR A TRUST? THAT IS THE QUESTION

Ethan R. Okura Hawai‘i Herald Columnist In Shakespeare’s play, “Hamlet,” when the forlorn, young prince is debating whether to end his own life, he asks the question: “To be or not to be?” The question should...
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Estate Planning Insights: Do I Need A Trust?

Ethan R. Okura Hawai‘i Herald Columnist “Do I need a trust?” This is the question that I hear most when people find out that I am an estate-planning attorney. The question is usually prompted by a...
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Estate Planning Insights – What is a Life Well-Lived?

Ethan R. Okura Hawai‘i Herald Columnist During the past two and a half months of lockdown, I’ve had some time to walk around the neighborhood or take breaks from working at home to ponder life, and I’ve come to some interesting realizations. Here in Hawai‘i we’ve been fortunate because COVID-19 has not killed many people....
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Estate Planning Insights – Post-Coronavirus Estate Plan Updates

Ethan R. Okura Hawai‘i Herald Columnist At the time of this writing, it has been only six weeks since Governor Ige’s stay-at-home order went into effect. And yet, somehow, it feels like it has been going on for months. The world feels like a different place. Daily life has been disrupted for most people, and....

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