Estate Planning Insights – WILLS, TRUSTS AND PRIVACY (PART 2)

Ethan R. Okura Hawai‘i Herald Columnist In last month’s issue, we discussed the privacy of wills and trusts while a person is living. In this issue, we will focus on the privacy of wills and trusts...

Estate Planning Insights – WILLS, TRUSTS AND PRIVACY (PART 1)

Ethan R. Okura Hawai‘i Herald Columnist In this column, let’s compare the privacy of wills with the privacy of trusts while you are living. The attorney who prepares either document – and the attorney’s paralegal or...

Estate Planning Insights – YOUR CAR: ASSET OR LIABILITY?

Ethan R. Okura Hawai‘i Herald Columnist Just about every family owns a car; many families own more than one. You may have wondered whether your car should be owned by your revocable living trust or whether...

Estate Planning Insights – THE REVERSE MORTGAGE (PART 2)

Ethan R. Okura Hawai‘i Herald Columnist Last month, I explained the reverse mortgage. I advised that if you need money and if leaving an inheritance is not a concern, a reverse mortgage may be a good...

Estate Planning Insights – THE REVERSE MORTGAGE

Is It for You? Ethan R. Okura Hawai‘i Herald Columnist A client recently asked me whether or not it’s a good idea to get a reverse mortgage. Before I answer that question, let me explain how a...

Estate Planning Insights – PROBATE AND REAL ESTATE SALES

It Need Not Take Years to Complete Probate Ethan R. Okura Hawai‘i Herald Columnist Sometimes the sale of a house, condo or vacant lot is delayed because of probate problems. The need for a probate does not...

Estate Planning Insights – THE DISCLAIMER

Ethan R. Okura Hawai‘i Herald Columnist A Disclaimer is a tool used in estate planning. It can be useful to reduce estate taxes or gift taxes. I will explain what it is and how it works...

Estate Planning Insights – UNDERSTANDING PROBATE

Ethan R. Okura Hawai‘i Herald Columnist Probate is a court proceeding that is necessary in Hawai‘i when a person dies owning any real estate in his or her name alone. Probate is also required when the...

Estate Planning Insights – WHAT TO DO WHEN A LOVED ONE DIES

A Helpful List of To-do’s for an Especially Difficult Time Ethan R. Okura Hawai‘i Herald Columnist When a family member dies, it can be quite stressful. Not only is there grief, but there are so many things...

Estate Planning Insights – WILLS, TRUSTS AND FAMILY FIGHTS (PART 3)

Ethan R. Okura Hawai‘i Herald Columnist For the last two months, this column has focused on children fighting over property when their parents die. We discussed the importance of communication. Especially if the inheritance going to...

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