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AN ESTATE PLAN FOR THE HOLIDAYS

In last month’s article, I wrote about why everyone should have a Will. I didn’t want to bore you with a bunch of technical legal information, but I tried to impress upon you how important it is by sharing stories of how badly things can go wrong when you don’t have a...
WHY YOU NEED A WILL RIGHT NOW:  PROBLEMS WITH INTESTATE DISTRIBUTION

WHY YOU NEED A WILL RIGHT NOW: PROBLEMS WITH INTESTATE DISTRIBUTION

How many of you don’t have a Last Will and Testament drawn up? How about your adult children or grandchildren?  There are many reasons why people don’t have a Will:  Don’t want to think about dying; Fear of cost; Not sure whom to name as beneficiaries or personal...
THE TOP 4 MEDICAID MYTHS

THE TOP 4 MEDICAID MYTHS

Have you heard information about Medicaid for nursing home costs from a friend, relative, or neighbor? If so, chances are you’ve also heard one of the Medicaid myths that aren’t true.  Here are 4 common misconceptions about qualifying for Medicaid to pay for your...

LAND COURT VS. REGULAR SYSTEM

Today I’m going to talk about the two different systems for recording ownership of real property (land and buildings) in the State of Hawaii. The “Regular System” of recording land ownership comes from the traditional English Common Law and is a...
DIGITAL ASSETS:  PASSING ON YOUR ELECTRONIC PHOTOS, FILES, ACCOUNTS, AND DATA

DIGITAL ASSETS:  PASSING ON YOUR ELECTRONIC PHOTOS, FILES, ACCOUNTS, AND DATA

When a loved one passes away, probably the furthest thoughts from your mind at that time are:  How do I access and preserve their digital assets of value? And, what are their passwords? First, let’s define “digital assets.”  A strict definition...
WILL YOUR WILL WORK? THE PROBLEMS WITH ONLINE WILLS AND TRUSTS

WILL YOUR WILL WORK? THE PROBLEMS WITH ONLINE WILLS AND TRUSTS

I have had several potential clients and even friends ask me my opinion about online, do-it-yourself, estate planning documents.  In recent years several websites have popped up offering a glamorous opportunity to prepare your will, trust, and/or other estate planning...

THE ESTATE OF THE ARTIST FORMERLY KNOWN AS PRINCE

A few weeks ago, the news media were replete with articles about the highly successful, music genius, rock-legend Prince.  He has sadly joined the ranks of world-famous icons who have died leaving fans wanting more.  He has also apparently joined the group...
JOINT TENANTS

JOINT TENANTS

We often see clients who have been advised by someone else that holding bank accounts or real property as “Joint Tenants” (also called “Joint Tenancy”) is a cheap way to avoid probate costs.  It’s true that if one of the joint tenants passes away, the other joint...
REVOCABLE OR IRREVOCABLE: THAT IS THE QUESTION!

REVOCABLE OR IRREVOCABLE: THAT IS THE QUESTION!

When a client comes in to our law firm for the first time, they usually ask us to explain the basic concepts of estate planning and to make recommendations on how they should proceed.  Our attorneys will share with the client how doing a plan with us can help to...
THE BIGGEST ESTATE PLANNING MISTAKE: DON’T FORGET TO FUND YOUR TRUST

THE BIGGEST ESTATE PLANNING MISTAKE: DON’T FORGET TO FUND YOUR TRUST

One of the most common mistakes in Estate Planning is:  A person will go to a lawyer (or some non-lawyer salesperson will come to their door) and they are talked into “purchasing a Trust” to help protect the person’s assets and to avoid probate...