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Giving Away Your Home? –Beware Part II:  (January 2014)

Giving Away Your Home? –Beware Part II: (January 2014)

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...
Giving Away Your Home? –Beware Part II:  (January 2014)

Giving Away Your Home? –Beware Part I (December 2013)

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...
Creative Medicaid Spend Down Techniques (May 2013)

Creative Medicaid Spend Down Techniques (May 2013)

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...

Asset Protection – Part 1 (March 2013)

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...

2013 Estate Planning Update (February 2013)

2013 ESTATE PLANNING UPDATE By Ethan R. Okura             Here is a 2013 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? As I mentioned in last...