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...
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...
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...
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....
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....
Estate Planning Insights – Helpful New Laws During the Coronavirus Disaster
Ethan R. Okura Hawai‘i Herald Columnist Congress recently passed two very important federal laws that were signed into law by the president in response to the COVID-19/coronavirus outbreak. This column is a summary of key points that may be of benefit to you — my dear readers — and your family members. The first law....
Estate Planning Insights – Tax Filings, Payments and other Considerations
Ethan R. Okura Hawai‘i Herald Columnist Most of us have heard of the option of preparing your will online. In the old days, you could go to a bookstore and buy a form book containing fill-in-the-blank legal forms such as a Durable Financial Power of Attorney, Last Will and Testament, Health Care Power of Attorney,....
Estate Planning Insights – Secure Act: Big Changes to IRA, 401(K) Rules
Ethan R. Okura Hawai‘i Herald Columnist On Dec. 20, 2019, the Setting Every Community Up for Retirement Enhancement — or SECURE — Act was signed into law by President Trump. The SECURE Act made some major changes to the way that retirement accounts must be distributed, especially after the original account holder passes away. Most....