808-593-8885

Summer Tax Savings

Having just enjoyed the 4th of July weekend, one thing is certain: Summer is here! I don’t know where all the time goes, but 2014 is just flying by for me and I imagine many of you are experiencing the same thing.  So, in honor of summer, I thought I’d share some tax...
Changes to the Hawaii Estate and Generation-Skipping Transfer Tax Law

Changes to the Hawaii Estate and Generation-Skipping Transfer Tax Law

The Hawaii State Legislature has been quite active in the field of estate planning recently.  Last month I wrote an article about the new Power of Attorney law.  Shortly after that law was passed, Governor Abercrombie signed Senate Bill 2887, S.D. 1, on...
The New Power of Attorney

The New Power of Attorney

As of April 17th 2014, Governor Abercrombie signed a bill into law establishing the new Uniform Power of Attorney Act.  It may be a little confusing to people because there already was a Hawaii law allowing powers of attorney, and the old law was called the...
Tax Filings, Payments & Other Considerations (April 2014)

Tax Filings, Payments & Other Considerations (April 2014)

“’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...
Who Decides What Happens To My Remains Anyway? (March 2014)

Who Decides What Happens To My Remains Anyway? (March 2014)

“Thou know’st ’tis common; all that lives must die, Passing through nature to eternity.” -William Shakespeare (Hamlet) Death.  This is a difficult topic to think about.  Most of us spend most of our lives enjoying work, hobbies,...
2014 Estate Planning Update (February 2014)

2014 Estate Planning Update (February 2014)

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...