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Estate Planning Insights – AHCD. POLST. HIPAA. – What You Need to Know

ESTATE PLANNING INSIGHTS By Ethan R. Okura One of the most important things you should do as you work on your estate planning is to authorize someone to make decisions on your behalf should you become incapacitated and can no longer make your own decisions. The person you authorize is called your agent. You can....
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Summer Tax Savings

Having just enjoyed the 4th of July weekend just about a month ago, one thing is certain: Summer is here! I don’t know where all the time is going, but 2014 is flying by...
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Estate Planning Insights – Applying for Long Term Care Medicaid on Your Own?

ESTATE PLANNING INSIGHTS By Ethan R. Okura In 1965, President Lyndon B. Johnson signed the Social Security Act into law, which included two programs we often hear about in the news: Medicaid (Title XIX) and Medicare (Title XVIII). Medicaid is a joint federal-state program that pays the medical costs of those with limited resources. It....
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Estate Planning Insights – Inside the Tax Cuts and Jobs Act

ESTATE PLANNING INSIGHTS By Ethan R. Okura In last November’s column, I wrote about the then-proposed federal Tax Cuts and Jobs Act. There were quite a few changes in the proposed legislation, which left many people in a state of confusion as the bill went through several revisions before finally being passed into law. Many....
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Estate Planning Insights – The Role of the Successor Trustee, Now What Am I...

ESTATE PLANNING INSIGHTS By Ethan R. Okura The following is an all too familiar scenario at our law firm: A parent, a sibling or a dear friend has finally gotten around to doing their initial estate planning. You are so happy for them. And then you find out that you have been named their “successor....
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Estate Planning Insights – Is Medicaid Going Away?

ESTATE PLANNING INSIGHTS By Ethan R. Okura There have been many political changes in the federal government over the past year. With a Republican president in office and a Republican majority in the Congress, some people are concerned about possibly losing the expanded health care benefits that were provided for in the Affordable Care Act,....
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Estate Planning Insights – Must I Pay for My Parent’s Nursing Home Bills?

ESTATE PLANNING INSIGHTS By Ethan R. Okura One of the questions most frequently asked of us is: “Will I be responsible to pay for my mother’s (or father’s) nursing home expenses?” This can be a scary thought for a working woman who cannot provide physical care for her aging parent and who is looking at....
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Estate Planning – An Ethical Will, The Importance of Passing On Your Assets and...

ESTATE PLANNING INSIGHTS By Ethan R. Okura Are you familiar with the proverb, “Shirtsleeves to Shirtsleeves in Three Generations?” Or maybe you’ve heard the saying as: “Rags to Riches to Rags in Three Generations.” The ancient Chinese version of this proverb is Fu bu guo san dai, which roughly translates to, “Wealth does not sustain....

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