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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...

Tenants by the Entirety Protection Available in Trust (Dec 2012)

NEW LAW: TENANTS BY THE ENTIRETY PROTECTION AVAILABLE IN TRUST By Ethan R. Okura Hawaii has a new law which allows married couples or reciprocal beneficiaries who hold real property as tenants by the entirety to transfer their real estate to revocable trusts...

QUESTION: Will a Revocable Living Trust protect my assets from lawsuits? (Sep 2012)

ANSWER:      Ethan R. Okura, Attorney Specializing in Estate Planning (Trusts, Wills, Medicaid Planning & Probate).  No, a revocable living trust will not protect your assets from lawsuits.  You can cancel your revocable trust...

The Hawaii Asset Protection Trust (September 2011)

HAWAII ASSET PROTECTION TRUST By Sanford K. Okura          On July 1, 2011, the Hawai‘i Permitted Transfers in Trusts Act was amended. This is an important change in the law because you can now transfer assets to a trust and receive money from the trust and yet have...

Asset Protection For Your Family (May 2011)

ASSET PROTECTION FOR YOUR FAMILY   Your will or trust probably says that you give your assets to your children when you die.  (Whenever I mention “children,” I also mean nieces and nephews, brothers and sisters, or anyone else who will be inheriting...

Asset Protection in Uncertain Times Part Two: Beyond FDIC Insurance

The economic news continues to get worse and worse.  First, here is a brief summary of some of the advice I offered in last month’s Estate Planning Insights.  Make sure that your savings accounts, checking accounts and certificates of deposit are in...