by Ethan Okura | Feb 24, 2015 | Articles, Asset Protection, Estate Taxes and Gift Taxes, Medicaid and Nursing Home Costs
Most of my clients have heard that you can give away $10,000 per year to any other person without consequences. That’s not exactly correct. Some have heard that you should consider...
by Ethan Okura | Jan 21, 2015 | Articles, Estate Taxes and Gift Taxes, Medicaid and Nursing Home Costs
Here is a 2015 update on important numbers used in Estate Planning and Medicaid Planning in Hawaii. How much money and property can a person have at death without paying estate taxes? At the end of 2012, Congress passed a law making the exemption from estate taxes...
by Ethan Okura | Apr 7, 2014 | Articles, Asset Protection, Estate Taxes and Gift Taxes
“’Tis impossible to be sure of anything but Death and Taxes.” – Christopher Bullock (Cobbler of Preston) Last month I addressed the serious topic of Death and the disposition of your remains. On an only slightly brighter note, this month’s article is focused on...
by Ethan Okura | Feb 8, 2014 | Articles, Estate Taxes and Gift Taxes, Medicaid and Nursing Home Costs
Here is a 2014 update on important numbers used in Estate Planning and Medicaid Planning in Hawaii. How much money and property can a person have at death without paying estate taxes? A little over one year ago, Congress passed a law making the exemption from...
by michelle | Sep 9, 2013 | Articles, Estate Taxes and Gift Taxes, Trusts and Wills
TAX IDENTIFICATION NUMBERS By Ethan R. Okura Back in June, I wrote an article on how Obamacare affects the income taxes that trusts pay. It’s a very complicated subject (taxes always seem to be, don’t they?) and my quick summary of how it works may have left you with...
by michelle | Jun 7, 2013 | Articles, Estate Taxes and Gift Taxes, Trusts and Wills
HOW DOES INCOME TAX WORK WITH MY TRUST? By Ethan R. Okura Last month after writing my article on Medicaid planning techniques, we received a message from a concerned client who is worried about higher income tax rates, the new 3.8% Medicare (sometimes called...