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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 – 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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Estate Planning Insights – How Kids Can Be Oyakoko Even When They Live Away

ESTATE PLANNING INSIGHTS By Ethan R. Okura There is a term in Japanese culture — oyakökö — which means to love and care for your parents, although it is really a sentiment that is embraced universally, regardless of race. At our office, we oftentimes have clients who raised their families here in Hawai‘i and then....
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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 – “Undue Influence” and Other Will Problems

ESTATE PLANNING INSIGHTS By Ethan R. Okura In previous columns, I have addressed the subject of financial abuse of the elderly. This usually involves outright stealing or fraud. However, there is another form of financial abuse that is subtler, harder to identify and often doesn’t show up until after the beloved family member has passed....
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Estate Planning Insights – Aretha Franklin Follows in Prince’s Footsteps

ESTATE PLANNING INSIGHTS By Ethan R. Okura Just over two years ago, I wrote a column about Prince, the musical legend, and how he passed away without a will. I detailed some of the problems that his estate would face — and continues to face to this day — because he did not adequately prepare....

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