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 Ethan Okura | Jan 5, 2014 | Articles, Asset Protection, Trusts and Wills
Last month I wrote about the pitfalls of giving your home away without protecting yourself. We came to the conclusion that if you think you have 5 years of good health when you can still live at home before you might need nursing home care, it can be a good idea to...
by Ethan Okura | Dec 11, 2013 | Articles, Asset Protection, Trusts and Wills
We all know that the possibility of incurring disastrous Nursing Home costs is the biggest threat to most people’s estates today. Now that we have an exemption of $5.25 million from estate taxes, only the wealthiest 0.14% of Americans will pay this tax. In...
by Ethan Okura | May 16, 2013 | Medicaid and Nursing Home Costs
As you are probably well aware, my father, Sanford K. Okura, and I have both written extensively on qualifying for Medicaid to pay for long term care costs while protecting your assets from nursing home costs. Our law practice focuses on this problem as a key...
by Ethan Okura | Mar 7, 2013 | Articles, Asset Protection
ASSET PROTECTION – Part 1 By Ethan R. Okura Today I want to talk about Asset Protection. What is Asset Protection? Asset Protection is creating and implementing a plan to protect your...